4,457 The Boeing Company $BA Shares Bought by GK Wealth Management LLC

GK Wealth Management LLC boosted its position in The Boeing Company (NYSE:BA) by 104.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,708 shares of the aircraft producer’s stock after buying an additional 4,457 shares during the quarter. Boeing makes up approximately 0.9% of GK Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. GK Wealth Management LLC’s holdings in Boeing were worth $1,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. McAlister Sweet & Associates Inc. grew its stake in shares of Boeing by 57.2% during the third quarter. McAlister Sweet & Associates Inc. now owns 45,420 shares of the aircraft producer’s stock valued at $8,450,000 after buying an additional 16,531 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in Boeing by 16.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 42,417 shares of the aircraft producer’s stock worth $9,182,000 after acquiring an additional 5,862 shares during the last quarter. Rakuten Investment Management Inc. grew its position in Boeing by 502.3% during the 4th quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock worth $22,398,000 after acquiring an additional 85,982 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in Boeing in the 1st quarter worth approximately $7,961,000. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in Boeing by 103.8% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,240 shares of the aircraft producer’s stock worth $2,237,000 after purchasing an additional 5,726 shares during the period. 64.82% of the stock is currently owned by institutional investors.

Boeing Trading Up 1.4%

BA traded up $2.72 during midday trading on Friday, reaching $190.47. 5,085,304 shares of the company’s stock traded hands, compared to its average volume of 6,857,321. The Boeing Company has a 52 week low of $176.77 and a 52 week 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. The firm has a fifty day moving average of $209.70 and a two-hundred day moving average of $215.86. The stock has a market capitalization of $150.54 billion, a price-to-earnings ratio of 82.45 and a beta of 1.26.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. During the same quarter in the prior year, the business posted ($1.24) earnings per share. Boeing’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, equities analysts anticipate that The Boeing Company will post -0.91 earnings per share for the current fiscal year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Aircraft lessor Avolon placed a firm order for 140 Boeing 737 MAX jets as part of a broader 250-aircraft transaction split with Airbus. The order reinforces demand for Boeing’s highest-volume commercial program. Boeing Lands Order for 140 737 MAX Jets
• Positive Sentiment: Boeing reported a total backlog of approximately $715 billion at the end of the second quarter, including $597 billion in commercial airplanes. The backlog provides long-term revenue visibility if the company can improve delivery rates and production execution. Boeing’s Strategic Push to Balance Rising Demand with Operational Bottlenecks
• Positive Sentiment: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a potential long-haul international expansion, which could create a meaningful future widebody order. Southwest Airlines Weighs Boeing 787
• Positive Sentiment: Boeing’s defense business could benefit from rising demand for infrared search-and-track systems, while its approximately $14.7 billion PAC-3 seeker contract with Lockheed Martin adds longer-term defense visibility. Rising IRST Demand and Boeing’s Defense Outlook
• Positive Sentiment: Barclays included Boeing among its aerospace and defense stock picks tied to a “modern-day industrial revolution,” supporting the bullish long-term investment case. Boeing and More Buys for the Modern-Day Industrial Revolution
• Neutral Sentiment: TD Cowen lowered its Boeing price target from $250 to $240 but maintained a Buy rating, indicating reduced near-term confidence while still seeing substantial upside potential. TD Cowen Cuts Aerospace Targets
• Negative Sentiment: Investors remain concerned about Boeing’s approaching debt repayments, high leverage, production delays and weak returns on invested capital. The company’s large backlog will not translate into cash flow quickly unless deliveries accelerate. Boeing Faces a Debt Wall

Analyst Ratings Changes

BA has been the subject of a number of analyst reports. Jefferies Financial Group dropped their price objective on Boeing from $295.00 to $265.00 and set a “buy” rating for the company in a research note on Monday, September 21st. Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research note on Tuesday, August 11th. Bank of America reiterated a “buy” rating and set a $270.00 price target on shares of Boeing in a report on Friday, September 18th. Weiss Ratings reissued a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Boeing in a report on Wednesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $269.96.

About Boeing

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.