Centaurus Financial Inc. Makes New Investment in The Boeing Company $BA

Centaurus Financial Inc. acquired a new position in The Boeing Company (NYSE:BAFree Report) in the second quarter, HoldingsChannel reports. The firm acquired 24,642 shares of the aircraft producer’s stock, valued at approximately $5,334,000.

A number of other institutional investors also recently made changes to their positions in BA. Measured Wealth Private Client Group LLC bought a new stake in Boeing in the third quarter worth $25,000. Strive Financial Group LLC bought a new position in shares of Boeing during the fourth quarter valued at about $25,000. Ares Financial Consulting LLC bought a new position in shares of Boeing during the fourth quarter valued at about $26,000. CrossGen Wealth LLC purchased a new position in shares of Boeing in the fourth quarter worth about $26,000. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Boeing in the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BA shares. Btg Pactual set a $260.00 target price on Boeing in a report on Tuesday, July 14th. Cantor Fitzgerald cut Boeing to a “neutral” rating in a research note on Tuesday, August 11th. Barclays downgraded Boeing from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 11th. Wolfe Research lowered Boeing from an “outperform” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Citigroup cut shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $272.58.

Check Out Our Latest Research Report on BA

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing’s $131B F-15 Win
  • Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
  • Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
  • Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
  • Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
  • Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
  • Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling

Boeing Stock Performance

Shares of NYSE:BA opened at $209.78 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77. The company has a 50-day moving average price of $220.87 and a 200-day moving average price of $221.44. The company has a market cap of $165.81 billion, a price-to-earnings ratio of 90.82 and a beta of 1.21. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35.

Boeing (NYSE:BAGet Free Report) last posted its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. During the same period in the previous year, the business earned ($1.24) earnings per share. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, equities analysts anticipate that The Boeing Company will post -0.87 EPS for the current year.

About Boeing

(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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