25,275 Shares in The Boeing Company $BA Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC purchased a new position in shares of The Boeing Company (NYSE:BA) during the second quarter, HoldingsChannel.com reports. The fund purchased 25,275 shares of the aircraft producer’s stock, valued at approximately $5,471,000.

A number of other large investors also recently bought and sold shares of BA. Measured Wealth Private Client Group LLC purchased a new position in shares of Boeing in the 3rd quarter worth $25,000. Strive Financial Group LLC acquired a new position in Boeing in the fourth quarter valued at $25,000. CrossGen Wealth LLC purchased a new stake in Boeing during the fourth quarter valued at about $26,000. Strategic Wealth Advisors LLC purchased a new stake in Boeing during the fourth quarter valued at about $27,000. Finally, 1 North Wealth Services LLC acquired a new stake in Boeing during the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BA. Argus raised Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a research note on Tuesday, August 11th. The Goldman Sachs Group downgraded shares of Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. raised their price target on shares of Boeing from $270.00 to $290.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. William Blair reaffirmed an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. Finally, Barclays downgraded shares of Boeing from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $272.58.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing expanded and extended its credit facilities, including a new 364-day agreement with a lender syndicate. The move should improve near-term liquidity and financial flexibility, although it also underscores the company’s substantial funding needs. Boeing Expands and Extends Credit Facilities to Bolster Liquidity
• Positive Sentiment: The Pentagon awarded Boeing a sole-source F-15 sustainment contract with a potential ceiling of roughly $131.2 billion through 2037. The headline figure strengthens Boeing’s defense backlog, though only a smaller portion has been obligated so far, limiting the immediate financial impact. Boeing’s $131B F-15 Win
• Positive Sentiment: GE Aerospace’s LEAP engine deliveries rose sharply this year. Higher engine availability is important for Boeing because engine supply remains a bottleneck to increasing 737 and other aircraft deliveries, revenue recognition, and cash generation. GE Aerospace’s LEAP Engine Deliveries Jumped 41%
• Neutral Sentiment: Analysts continue to view Boeing and other defense contractors as beneficiaries of elevated military spending, strong backlogs, and geopolitical demand. However, comparisons with General Dynamics highlight Boeing’s execution, debt, and profitability challenges. BA vs. GD: Which Defense Contractor Has Stronger Growth Prospects?
• Negative Sentiment: Boeing engineers and technical workers overwhelmingly rejected a four-year contract proposal and authorized a strike, raising the risk of higher labor costs, production disruption, and delays to commercial-aircraft recovery. Negotiators are scheduled to resume talks Monday. Boeing and Union Negotiators to Meet Monday
• Negative Sentiment: Boeing has reportedly posted contractor openings for engineering and technical positions as the labor dispute escalates. The apparent preparation for replacement or contingency staffing increases uncertainty and may further strain relations with the union. Boeing Posts Contract Jobs in Labor Dispute
• Negative Sentiment: Investor commentary continues to flag Boeing’s heavy debt burden and the risk that large contract ceilings may not translate into near-term cash flow. Financing actions and elevated valuation make execution particularly important for BA.

Boeing Trading Down 0.0%

Shares of BA opened at $209.84 on Friday. The stock’s 50-day moving average is $220.60 and its two-hundred day moving average is $221.36. The stock has a market cap of $165.85 billion, a PE ratio of 90.84 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 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 issued 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). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The company had revenue of $24.56 billion during the quarter, compared to analysts’ expectations of $24.26 billion. During the same period in the previous year, the company earned ($1.24) EPS. Boeing’s quarterly revenue was up 8.0% on a year-over-year basis. Equities analysts forecast that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

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.