Danske Bank A S Buys New Position in The Boeing Company $BA

Danske Bank A S bought a new stake in The Boeing Company (NYSE:BA) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 220,206 shares of the aircraft producer’s stock, valued at approximately $47,668,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Princeton Capital Management LLC grew its position in shares of Boeing by 78.3% during the fourth quarter. Princeton Capital Management LLC now owns 12,249 shares of the aircraft producer’s stock worth $2,660,000 after buying an additional 5,381 shares in the last quarter. Rakuten Investment Management Inc. raised its holdings in Boeing by 502.3% in the fourth quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock valued at $22,398,000 after acquiring an additional 85,982 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in Boeing in the first quarter valued at approximately $7,961,000. Patriot Financial Group Insurance Agency LLC lifted its stake in Boeing by 103.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 11,240 shares of the aircraft producer’s stock worth $2,237,000 after acquiring an additional 5,726 shares during the last quarter. Finally, Deutsche Bank AG lifted its stake in Boeing by 47.5% in the fourth quarter. Deutsche Bank AG now owns 2,376,243 shares of the aircraft producer’s stock worth $515,930,000 after acquiring an additional 765,197 shares during the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Boeing Stock Performance

Shares of BA opened at $222.91 on Wednesday. The company has a market capitalization of $176.18 billion, a price-to-earnings ratio of 96.50 and a beta of 1.21. 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 50 day moving average price of $222.08 and a 200 day moving average price of $222.53.

Boeing (NYSE:BA) last released its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The company had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.24) EPS. Research analysts predict that The Boeing Company will post -0.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on BA shares. UBS Group initiated coverage on shares of Boeing in a report on Tuesday, August 11th. They set a “buy” rating for the company. Wolfe Research lowered shares of Boeing from an “outperform” rating to a “hold” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. lifted their price objective on shares of Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Cantor Fitzgerald downgraded shares of Boeing to a “neutral” rating in a research note on Tuesday, August 11th. Finally, William Blair reissued an “outperform” rating on shares of Boeing in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $272.58.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing received a $75 million U.S. Air Force contract for Air Force One spare parts. Although modest relative to Boeing’s overall business, the award supports its defense and government-services backlog. Air Force One parts contract
• Positive Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly completed a $1.5 billion private bond offering—triple its original target. The financing could support ULA’s launch operations and growth, though the debt is at the venture level rather than a direct Boeing contract. Boeing-Lockheed ULA bond offering
• Neutral Sentiment: Boeing appointed Celso Ferrer to lead its Latin America and Caribbean operations. His regional airline and safety experience could help rebuild customer relationships and expand commercial opportunities, but the financial impact is likely longer term. Boeing Latin America leadership appointment
• Negative Sentiment: The U.S. Army temporarily grounded Apache helicopters after a fatal crash near Fort Hood that killed two service members. Boeing manufactures the Apache, and the stand-down increases concerns about program reliability, potential investigations and delivery delays. Apache helicopter grounding
• Negative Sentiment: A new Netflix documentary revisits the 737 MAX tragedies and alleges that a profits-over-quality culture contributed to Boeing’s safety failures. Renewed scrutiny of whistleblower claims may weigh on the company’s reputation, regulatory risk and future aircraft demand. Freefall documentary review
• Negative Sentiment: Recent second-quarter results showed revenue growth of 8% year over year to $24.56 billion, but Boeing missed the consensus EPS estimate. With a high P/E ratio, substantial debt and continued execution challenges, investors remain sensitive to further setbacks. Boeing second-quarter earnings comparison

Boeing Profile

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.