Camarda Financial Advisors LLC Invests $3.93 Million in The Boeing Company $BA

Camarda Financial Advisors LLC acquired a new stake in shares of The Boeing Company (NYSE:BA) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 18,149 shares of the aircraft producer’s stock, valued at approximately $3,929,000. Boeing accounts for about 1.2% of Camarda Financial Advisors LLC’s investment portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BA. Dearborn Partners LLC acquired a new position in Boeing during the 2nd quarter valued at about $630,000. Hill City Capital LP purchased a new stake in Boeing in the second quarter valued at about $134,554,072,000. WNY Asset Management LLC acquired a new stake in Boeing in the second quarter worth about $610,000. Bank OZK purchased a new stake in shares of Boeing during the second quarter worth about $286,000. Finally, Hamilton Capital LLC purchased a new stake in shares of Boeing during the second quarter worth about $230,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

More Boeing News

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BA shares. BNP Paribas Exane upgraded shares of Boeing from an “underperform” rating to an “outperform” rating and upped their price objective for the company from $230.00 to $300.00 in a report on Monday, August 3rd. Argus raised shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a research report on Tuesday, August 11th. Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein assumed coverage on shares of Boeing in a research note on Tuesday, August 11th. They set an “outperform” rating on the stock. Finally, Robert W. Baird set a $300.00 price target on shares of Boeing in a report on Wednesday, July 29th. One research 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $272.58.

Boeing Stock Down 1.1%

Shares of BA stock opened at $209.78 on Friday. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The firm has a market capitalization of $165.81 billion, a PE ratio of 90.82 and a beta of 1.21. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14. The stock’s 50-day simple moving average is $220.87 and its 200-day simple moving average is $221.44.

Boeing (NYSE:BA) last released its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The firm 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 company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the firm earned ($1.24) EPS. Equities analysts expect that The Boeing Company will post -0.87 earnings per share for the current year.

Boeing Company 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.