22,528 Shares in The Boeing Company $BA Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC acquired a new position in The Boeing Company (NYSE:BA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 22,528 shares of the aircraft producer’s stock, valued at approximately $4,877,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in Boeing during the third quarter valued at $25,000. Strive Financial Group LLC purchased a new position in shares of Boeing in the 4th quarter worth $25,000. Ares Financial Consulting LLC bought a new stake in shares of Boeing in the 4th quarter worth about $26,000. CrossGen Wealth LLC purchased a new stake in shares of Boeing during the 4th quarter valued at about $26,000. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Boeing during the 4th quarter valued at about $27,000. 64.82% of the stock is currently owned by institutional investors.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The Pentagon signed framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The seven-year arrangements could provide greater visibility for Boeing’s defense business and support incremental revenue, helping drive the stock higher. Pentagon signs deals with Boeing and RTX
• Positive Sentiment: Boeing is selling Wisk Aero, Insitu and SkyGrid to Archer Aviation in an all-stock transaction that gives Boeing an approximately 20% stake in Archer. Analysts view the deal as a way to exit a struggling, non-core air-taxi operation while retaining exposure to autonomy and electric-aircraft technologies, potentially sharpening Boeing’s turnaround focus. Boeing’s Wisk sale and portfolio strategy
• Positive Sentiment: Avolon agreed to lease up to seven Boeing 737-8200 aircraft to India’s Akasa Air. The transaction supports continued demand for Boeing’s narrow-body aircraft in one of the aviation industry’s fastest-growing markets. Avolon and Akasa Air 737 transaction
• Neutral Sentiment: Odysight.ai received a Boeing purchase order and will demonstrate AI-powered predictive-maintenance technology at two Boeing sites. The initiative could improve future maintenance capabilities and create supplier opportunities, but its immediate financial impact on BA is expected to be limited. Odysight.ai Boeing purchase order
• Neutral Sentiment: JLL is considering Boeing’s former Chicago headquarters for a potential global headquarters move. The move could benefit Boeing through property monetization or reduced real-estate obligations, though no transaction has been finalized. JLL considers Boeing’s former headquarters

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Robert W. Baird set a $300.00 price target on Boeing in a research report on Wednesday, July 29th. BNP Paribas Exane raised Boeing from an “underperform” rating to an “outperform” rating and raised their price objective for the company from $230.00 to $300.00 in a research note on Monday, August 3rd. Citigroup cut Boeing from a “buy” rating to a “sell” rating in a report on Tuesday. Morgan Stanley boosted their target price on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Finally, Barclays lowered Boeing from an “equal weight” rating to an “underweight” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

Boeing Stock Performance

Shares of NYSE:BA opened at $231.50 on Friday. The company has a market capitalization of $182.97 billion, a price-to-earnings ratio of 100.21 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. The firm’s 50-day moving average is $221.70 and its 200 day moving average is $222.97. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BA) last announced its quarterly earnings data 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). The firm had revenue of $24.56 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned ($1.24) EPS. Research analysts predict that The Boeing Company will post -0.87 EPS for the current year.

Insider Activity at Boeing

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of Boeing stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the completion of the acquisition, the director owned 1,370 shares in the company, valued at $299,345. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.10% of the company’s stock.

About Boeing

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.