Gateway Wealth Partners LLC Boosts Holdings in The Boeing Company $BA

Gateway Wealth Partners LLC increased its position in shares of The Boeing Company (NYSE:BA) by 140.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,451 shares of the aircraft producer’s stock after buying an additional 6,096 shares during the period. Gateway Wealth Partners LLC’s holdings in Boeing were worth $2,080,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC acquired a new position in shares of Boeing in the third quarter worth about $25,000. Strive Financial Group LLC acquired a new stake in Boeing during the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new stake in Boeing during the 4th quarter worth approximately $26,000. CrossGen Wealth LLC acquired a new position in shares of Boeing in the 4th quarter valued at approximately $26,000. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Boeing during the 4th quarter valued at approximately $27,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Insider Buying and Selling

In related news, Director Bradley D. Tilden acquired 1,370 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the purchase, the director directly owned 1,370 shares in the company, valued at $299,345. This represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on BA. Citigroup upped their price target on shares of Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. Wells Fargo & Company began coverage on shares of Boeing in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price on the stock. Wolfe Research reiterated an “outperform” rating and issued a $275.00 price target on shares of Boeing in a research note on Thursday, April 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a report on Tuesday, July 21st. Finally, Morgan Stanley boosted their price target on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Boeing currently has an average rating of “Moderate Buy” and an average price target of $261.53.

Boeing Stock Up 1.0%

NYSE:BA opened at $211.69 on Tuesday. The firm has a market capitalization of $166.88 billion, a PE ratio of 102.76 and a beta of 1.21. The stock has a 50 day moving average of $219.17 and a 200-day moving average of $224.20. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The Federal Aviation Administration recently restored Boeing’s authority to issue airworthiness certificates for newly produced 737 MAX and 787 aircraft after months of testing and safety audits. The milestone could help reduce delivery bottlenecks and supports the view that the 737 MAX recovery is progressing. Does Boeing’s FAA Win Signal the 737 MAX Turnaround Is Finally Underway?
• Positive Sentiment: Emirates reportedly remains eager to receive the larger 777X aircraft, offering a positive demand signal for Boeing’s long-delayed wide-body program. Continued customer interest could reinforce the program’s long-term revenue potential, although delivery timing remains important. Emirates Eager to See Bigger 777X Aircraft, Boeing Stock Gains
• Neutral Sentiment: Boeing is scheduled to report second-quarter results before the bell on July 28. Analysts expect a narrower loss, but investors will focus more heavily on free cash flow, production rates, aircraft deliveries, backlog conversion and management’s outlook for the turnaround. Boeing Set to Report Earnings – Here’s What Investors Should Watch
• Neutral Sentiment: Boeing earnings are one of the week’s major market events alongside reports from Ford and Visa, consumer-confidence data, inflation figures and the Federal Reserve meeting. These broader catalysts could increase volatility in BA and influence expectations for aerospace demand and interest rates. Boeing & Ford Earnings, July Consumer Confidence: What to Watch
• Negative Sentiment: The earnings preview highlights continued turnaround risk. Boeing’s stock has declined over the past year, while its substantial debt burden and weak liquidity metrics leave little room for production setbacks or additional cash needs. Investors are seeking clear evidence that manufacturing and deliveries are improving. Boeing Q2 Earnings Preview: What to Expect

Boeing 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.