North Star Asset Management Inc. Purchases Shares of 19,534 The Boeing Company $BA

North Star Asset Management Inc. purchased a new position in The Boeing Company (NYSE:BA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,534 shares of the aircraft producer’s stock, valued at approximately $4,229,000.

A number of other institutional investors have also bought and sold shares of the business. XML Financial LLC grew its position in shares of Boeing by 0.5% during the fourth quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock worth $1,933,000 after purchasing an additional 43 shares in the last quarter. North Star Investment Management Corp. grew its holdings in shares of Boeing by 1.6% in the fourth quarter. North Star Investment Management Corp. now owns 2,833 shares of the aircraft producer’s stock valued at $615,000 after purchasing an additional 44 shares in the last quarter. Strait & Sound Wealth Management LLC grew its stake in shares of Boeing by 1.1% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,915 shares of the aircraft producer’s stock worth $850,000 after buying an additional 44 shares in the last quarter. B.O.S.S. Retirement Advisors LLC grew its position in Boeing by 1.4% in the first quarter. B.O.S.S. Retirement Advisors LLC now owns 3,175 shares of the aircraft producer’s stock worth $632,000 after acquiring an additional 44 shares in the last quarter. Finally, PKS Advisory Services LLC increased its stake in Boeing by 2.5% during the fourth quarter. PKS Advisory Services LLC now owns 1,839 shares of the aircraft producer’s stock worth $399,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Sanford C. Bernstein began coverage on Boeing in a research report on Tuesday, August 11th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Boeing from $270.00 to $290.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. The Goldman Sachs Group downgraded shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Argus raised Boeing from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a research report on Tuesday, August 11th. Finally, Btg Pactual set a $260.00 price objective on Boeing in a research report on Tuesday, July 14th. One investment 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $272.58.

Key Headlines 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 Trading Down 1.1%

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 firm has a fifty day simple moving average of $220.87 and a 200-day simple moving average of $221.44. The company has a market capitalization of $165.81 billion, a P/E 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:BA) last announced 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 firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted ($1.24) earnings per share. On average, equities research analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current year.

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.