Foster Victor Wealth Advisors LLC raised its position in The Boeing Company (NYSE:BA – Free Report) by 14.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,605 shares of the aircraft producer’s stock after acquiring an additional 8,255 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Boeing were worth $12,558,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of BA. McAlister Sweet & Associates Inc. increased its holdings 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 acquiring an additional 16,531 shares in the last quarter. SteelPeak Wealth LLC raised its position in shares of Boeing by 660.0% in the 3rd quarter. SteelPeak Wealth LLC now owns 94,976 shares of the aircraft producer’s stock valued at $17,670,000 after purchasing an additional 82,479 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in Boeing by 16.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 42,417 shares of the aircraft producer’s stock worth $9,182,000 after purchasing an additional 5,862 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in Boeing in the 1st quarter worth approximately $7,961,000. Finally, Mather Group LLC. boosted its stake in Boeing by 347.3% in the 3rd quarter. Mather Group LLC. now owns 23,183 shares of the aircraft producer’s stock worth $4,313,000 after purchasing an additional 18,000 shares in the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.
Boeing Price Performance
Shares of BA stock opened at $192.32 on Thursday. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two 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 stock’s 50-day simple moving average is $202.47 and its 200-day simple moving average is $215.47.
Boeing (NYSE:BA – Get Free Report) 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. On average, analysts forecast that The Boeing Company will post -1.08 EPS for the current year.
Key Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: FAA certification removes a major delivery bottleneck. The Federal Aviation Administration approved Boeing’s 737 MAX 10 after a lengthy safety-review and testing process. The certification allows Boeing to begin preparing deliveries of the largest MAX variant, with approximately 1,555 aircraft already backed by airline orders. The first deliveries are expected in 2027, improving Boeing’s ability to convert its backlog into revenue and customer payments. Reuters article
- Positive Sentiment: The MAX 10 could support cash-flow recovery. Analysts at Bank of America said certification should help stabilize production and deliveries as aircraft demand strengthens in 2027 and 2028. Delivering aircraft that have been held up by certification could release working capital, help recover deferred 737 production costs and support Boeing’s longer-term free-cash-flow objectives. Alaska Airlines has also endorsed the aircraft, reinforcing customer demand. Proactive Investors article
- Positive Sentiment: Dataliner adds a potential higher-margin services catalyst. Boeing introduced Dataliner, an AI-powered aircraft-data platform developed with Microsoft. The product is designed to help airlines improve maintenance and operations while retaining control of their data, potentially expanding recurring software revenue and supporting margins in Boeing Global Services. Boeing Dataliner announcement
- Neutral Sentiment: Investors may wait for execution before revaluing BA. Certification was expected after years of delays, so the immediate focus is shifting to production rates, delivery timing and the pace of cash-flow improvement. Boeing’s upcoming third-quarter earnings report on October 27 is likely to provide more evidence.
- Negative Sentiment: Near-term financial headwinds remain. A reported Department of Justice settlement payment of roughly $700 million, elevated debt, defense-program cost overruns and continued execution concerns could offset some of the positive MAX 10 impact. Analysts have trimmed targets amid these cash-burn risks. MarketBeat article
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on BA shares. Btg Pactual set a $260.00 price target on shares of Boeing in a research note on Tuesday, July 14th. William Blair reaffirmed an “outperform” rating on shares of Boeing in a report on Wednesday, September 30th. Tigress Financial lifted their price objective on shares of Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Wolfe Research upgraded shares of Boeing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 24th. Finally, Barclays initiated coverage on shares of Boeing in a report on Friday, October 9th. They set an “overweight” rating and a $300.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $266.96.
Get Our Latest Stock Analysis on BA
Boeing Profile
The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.
Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.
Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.
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