The Boeing Company $BA Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC increased its holdings in shares of The Boeing Company (NYSE:BA) by 1,372.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,273 shares of the aircraft producer’s stock after acquiring an additional 19,828 shares during the period. Royal Fund Management LLC’s holdings in Boeing were worth $3,958,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BA. B.O.S.S. Retirement Advisors LLC raised its holdings in Boeing by 1.4% in the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 3,175 shares of the aircraft producer’s stock worth $632,000 after purchasing an additional 44 shares during the period. Horizon Bancorp Inc. IN boosted its position in Boeing by 3.1% during the first quarter. Horizon Bancorp Inc. IN now owns 1,493 shares of the aircraft producer’s stock worth $297,000 after purchasing an additional 45 shares in the last quarter. Howe & Rusling Inc. grew its holdings in Boeing by 2.5% in the first quarter. Howe & Rusling Inc. now owns 2,024 shares of the aircraft producer’s stock valued at $403,000 after purchasing an additional 49 shares during the period. Paul R. Ried Financial Group LLC grew its holdings in Boeing by 0.3% in the first quarter. Paul R. Ried Financial Group LLC now owns 18,060 shares of the aircraft producer’s stock valued at $3,594,000 after purchasing an additional 49 shares during the period. Finally, Barnes Pettey Financial Advisors LLC grew its holdings in Boeing by 4.0% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 1,307 shares of the aircraft producer’s stock valued at $260,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The FAA granted final certification to the 737 MAX 10, clearing the way for deliveries of an aircraft with approximately 1,555 orders. The approval could help Boeing compete more effectively with Airbus’ A321neo and ease a key delivery bottleneck. Boeing 737 MAX 10 certification
• Positive Sentiment: Analysts said MAX 10 approval could support more stable production and deliveries as aircraft demand builds in 2027 and 2028, potentially improving Boeing’s cash flow and turnaround prospects. Boeing wins FAA certification
• Neutral Sentiment: Boeing is scheduled to report third-quarter results before the market opens on October 27. Analysts are focused on aircraft deliveries, services demand, production rates and other operating metrics, with some forecasts calling for double-digit earnings growth. Boeing earnings preview
• Negative Sentiment: Investors still face execution concerns ahead of earnings, including supply-chain delays, the need to ramp 737 MAX production and Boeing’s negative return on invested capital. These issues could limit the benefit of the MAX 10 certification if deliveries and profitability do not improve. Boeing stock before earnings
• Negative Sentiment: The certification news has not translated into sustained buying, likely because approval was widely expected. With Boeing trading at a high earnings multiple and carrying substantial leverage, investors may be demanding clearer evidence of improving cash generation before bidding the shares higher. Boeing receives FAA approval

Analyst Upgrades and Downgrades

BA has been the subject of a number of recent analyst reports. Jefferies Financial Group cut their price objective on Boeing from $295.00 to $265.00 and set a “buy” rating for the company in a research report on Monday, September 21st. TD Cowen decreased their target price on Boeing from $250.00 to $240.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Royal Bank Of Canada dropped their price target on shares of Boeing from $265.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. DZ Bank reissued a “buy” rating on shares of Boeing in a research note on Thursday, August 6th. Finally, Wolfe Research raised shares of Boeing from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and a consensus target price of $266.96.

Boeing Price Performance

Shares of Boeing stock opened at $187.46 on Friday. The business has a 50 day simple moving average of $201.61 and a two-hundred day simple moving average of $215.33. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35. The stock has a market capitalization of $148.17 billion, a P/E ratio of 81.15 and a beta of 1.26. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33.

Boeing (NYSE:BA) last released its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The firm had revenue of $24.56 billion during the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business earned ($1.24) EPS. As a group, analysts predict that The Boeing Company will post -1.08 EPS for the current fiscal year.

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.