2,819 Shares in The Boeing Company $BA Bought by MSH Capital Advisors LLC

MSH Capital Advisors LLC purchased a new stake in The Boeing Company (NYSE:BA) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,819 shares of the aircraft producer’s stock, valued at approximately $610,000.

Several other large investors have also bought and sold shares of BA. Revolve Wealth Partners LLC purchased a new stake in shares of Boeing in the fourth quarter valued at about $201,000. Sivia Capital Partners LLC boosted its holdings in Boeing by 16.5% during the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares during the last quarter. AXA S.A. boosted its holdings in Boeing by 1,225.7% during the second quarter. AXA S.A. now owns 34,655 shares of the aircraft producer’s stock worth $7,261,000 after purchasing an additional 32,041 shares during the last quarter. Ieq Capital LLC grew its position in Boeing by 243.8% in the 2nd quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer’s stock worth $7,016,000 after purchasing an additional 23,746 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in Boeing by 4.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer’s stock worth $279,608,000 after purchasing an additional 53,736 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is pursuing an internal turnaround under CEO Kelly Ortberg, emphasizing engineering discipline, production quality and long-term aircraft development rather than short-term Wall Street targets. The strategy could improve execution and restore customer and investor confidence, although results will take time. How Kelly Ortberg is rebuilding Boeing from the inside out
• Positive Sentiment: Wright-Patterson Air Force Base awarded Boeing a $75 million contract for Air Force One spare parts, providing incremental support for the company’s defense and government-services business. Boeing $75 million Air Force One parts contract
• Positive Sentiment: Boeing and Lockheed Martin’s United Launch Alliance reportedly completed a $1.5 billion private bond offering—three times the initial target—suggesting strong investor demand for ULA financing and continued interest in its space business. Boeing Q2 earnings context

Boeing Price Performance

BA opened at $221.79 on Thursday. The firm has a 50-day moving average price of $222.33 and a 200-day moving average price of $222.44. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The company has a market capitalization of $175.30 billion, a price-to-earnings ratio of 96.01 and a beta of 1.21.

Boeing (NYSE:BA) last announced its quarterly 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 business had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.24) earnings per share. Equities analysts expect that The Boeing Company will post -0.87 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Morgan Stanley lifted their target price on shares of Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada reduced their target price on Boeing from $275.00 to $265.00 and set an “outperform” rating for the company 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. Barclays lowered Boeing from an “equal weight” rating to an “underweight” rating in a report on Tuesday, August 11th. Finally, The Goldman Sachs Group downgraded Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and a consensus price target of $272.58.

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.