The Boeing Company $BA Stock Bought by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC boosted its position in The Boeing Company (NYSE:BA) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 431,882 shares of the aircraft producer’s stock after purchasing an additional 5,711 shares during the period. Douglas Lane & Associates LLC owned about 0.05% of Boeing worth $80,352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Breakwater Capital Group increased its stake in Boeing by 23.4% in the 3rd quarter. Breakwater Capital Group now owns 4,065 shares of the aircraft producer’s stock worth $756,000 after acquiring an additional 771 shares during the last quarter. Chapin Davis Inc. increased its stake in shares of Boeing by 1.6% in the third quarter. Chapin Davis Inc. now owns 3,961 shares of the aircraft producer’s stock worth $737,000 after buying an additional 64 shares during the period. Eclectic Associates Inc. ADV boosted its holdings in shares of Boeing by 1.4% during the third quarter. Eclectic Associates Inc. ADV now owns 4,512 shares of the aircraft producer’s stock worth $839,000 after purchasing an additional 63 shares during the period. First Heartland Consultants Inc. lifted its holdings in Boeing by 101.4% in the 3rd quarter. First Heartland Consultants Inc. now owns 7,648 shares of the aircraft producer’s stock worth $1,423,000 after buying an additional 3,850 shares during the period. Finally, Midwest Financial Partners Investments Inc. lifted its position in shares of Boeing by 13.0% in the 3rd quarter. Midwest Financial Partners Investments Inc. now owns 2,076 shares of the aircraft producer’s stock worth $386,000 after purchasing an additional 239 shares during the period. 64.82% of the stock is owned by institutional investors.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: TD Cowen maintains a bullish view: The firm lowered its price target from $250 to $240 but retained a “buy” rating, implying substantial potential upside from recent trading levels. The target reduction may reflect a more cautious outlook, but the continued buy rating provides positive sentiment. TD Cowen Boeing price target update
• Positive Sentiment: New 737 MAX order supports commercial demand: Aircraft lessor Avolon ordered 140 Boeing 737 MAX jets as part of a larger 250-aircraft order that also includes Airbus planes. The Boeing portion adds to the company’s backlog and supports future deliveries, revenue and cash flow. Avolon orders Boeing 737 MAX aircraft
• Positive Sentiment: Potential Southwest 787 selection: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a possible long-haul expansion. Although no final order has been announced, the selection could create a meaningful new customer relationship and help Boeing’s widebody recovery. Southwest weighs Boeing 787 purchase
• Positive Sentiment: Defense growth remains a catalyst: Rising demand for infrared search-and-track systems and Boeing’s approximately $14.7 billion PAC-3 seeker production contract could strengthen its defense backlog and diversify results beyond commercial aircraft.
• Neutral Sentiment: Large backlog has execution risk: Boeing’s roughly $715 billion backlog offers long-term visibility, but investors remain focused on delivery timing, production rates and whether the orders generate sufficient cash and returns. Boeing backlog analysis
• Negative Sentiment: Debt and execution concerns remain: Large upcoming debt repayments, production delays and weak return on invested capital could pressure liquidity and limit the benefit of new orders and defense contracts. Boeing debt wall analysis

Boeing Trading Up 1.3%

NYSE:BA traded up $2.40 during trading hours on Friday, hitting $190.15. The company had a trading volume of 2,591,670 shares, compared to its average volume of 6,843,655. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The company has a market cap of $150.28 billion, a P/E ratio of 82.22 and a beta of 1.26. The company has a 50-day moving average of $210.22 and a 200 day moving average of $216.03. 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 results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same period last year, the company earned ($1.24) EPS. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. Sell-side analysts expect that The Boeing Company will post -0.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on BA. TD Cowen decreased their target price on shares of Boeing from $250.00 to $240.00 and set a “buy” rating for the company in a research note on Friday. UBS Group reiterated a “buy” rating on shares of Boeing in a research report on Tuesday, September 29th. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price for the company in a research report on Tuesday, August 11th. Jefferies Financial Group cut their target price on shares of Boeing from $295.00 to $265.00 and set a “buy” rating for the company in a report on Monday, September 21st. Finally, BNP Paribas Exane raised shares of Boeing from an “underperform” rating to an “outperform” rating and increased their price objective for the stock from $230.00 to $300.00 in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $269.96.

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.