16,170 Shares in The Boeing Company $BA Acquired by DMKC Advisory Services LLC

DMKC Advisory Services LLC acquired a new stake in The Boeing Company (NYSE:BAFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 16,170 shares of the aircraft producer’s stock, valued at approximately $3,500,000.

A number of other large investors have also modified their holdings of BA. Measured Wealth Private Client Group LLC purchased a new position in shares of Boeing in the third quarter worth about $25,000. Strive Financial Group LLC acquired a new stake in Boeing in the 4th quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new position in Boeing in the 4th quarter worth approximately $26,000. CrossGen Wealth LLC purchased a new position in Boeing in the 4th quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Boeing during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Insider Buying and Selling at Boeing

In related news, Director Bradley D. Tilden acquired 1,370 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average price of $218.50 per share, with a total value of $299,345.00. Following the transaction, the director owned 1,370 shares of the company’s stock, valued at approximately $299,345. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.10% of the company’s stock.

More Boeing News

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: FAA certification of the 737 MAX 7 removes a major regulatory hurdle for Boeing’s smallest MAX variant after years of delays. Certification could allow deliveries to begin before passenger service is expected in 2027, creating a future source of revenue and cash flow. Boeing’s 737 MAX 7 was supposed to be flying in 2019. The FAA certified it Monday.
  • Positive Sentiment: Strong aircraft demand is benefiting suppliers. Airlines are relying on aging fleets amid constrained aircraft availability, supporting the outlook for manufacturers such as Boeing if it can increase narrowbody and widebody production and deliveries. Boeing’s popular aircraft are reportedly attracting orders even before production is completed. As airlines struggle, their suppliers are flying high
  • Positive Sentiment: Defense capabilities received a technology boost. Boeing and Northrop Grumman tested an AI-enabled communications link between the MQ-4C Triton unmanned aircraft and Boeing’s P-8A Poseidon, potentially strengthening Boeing’s position in networked surveillance and maritime-defense programs. Northrop, Boeing test AI-enabled link of unmanned Triton drone, P-8 Poseidon
  • Neutral Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly plans a roughly $500 million private bond sale to refinance existing debt. The transaction could improve near-term liquidity, but also highlights leverage and does not directly add revenue to Boeing. Boeing-Lockheed Martin’s ULA said to plan $500m private bond sale
  • Neutral Sentiment: Boeing donated $250,000 for wildfire recovery in Eastern Washington. The contribution may support community relations but is unlikely to materially affect earnings or valuation. Boeing Donates $250,000 to Support Wildfire Recovery in Greater Spokane Area
  • Negative Sentiment: Boeing’s recent earnings miss was attributed in part to a roughly $280 million charge tied to fixed-price defense work. That reinforces concerns about cost overruns, although investors appear to be focusing more on commercial demand and MAX progress. The $280 Million Reason Boeing Missed—and Why Wall Street Shrugged It Off

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BA shares. UBS Group restated a “buy” rating on shares of Boeing in a research report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Btg Pactual set a $260.00 target price on Boeing in a report on Tuesday, July 14th. Citigroup raised their target price on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Morgan Stanley boosted their price target on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $272.44.

View Our Latest Research Report on Boeing

Boeing Price Performance

BA stock opened at $240.18 on Thursday. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The stock has a market cap of $189.83 billion, a price-to-earnings ratio of 103.97 and a beta of 1.21. The business has a fifty day moving average of $220.10 and a two-hundred day moving average of $223.64.

Boeing (NYSE:BAGet Free Report) last posted its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The company had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same period in the previous year, the company earned ($1.24) EPS. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. As a group, research analysts anticipate that The Boeing Company will post -0.88 earnings per share for the current year.

Boeing Profile

(Free Report)

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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