OneAscent Financial Services LLC Makes New $993,000 Investment in The Boeing Company $BA

OneAscent Financial Services LLC bought a new stake in shares of The Boeing Company (NYSE:BA) in the second quarter, HoldingsChannel.com reports. The firm bought 4,585 shares of the aircraft producer’s stock, valued at approximately $993,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Boeing in the third quarter worth $25,000. Strive Financial Group LLC purchased a new stake in Boeing during the fourth quarter valued at $25,000. CrossGen Wealth LLC bought a new position in Boeing in the fourth quarter valued at about $26,000. Ares Financial Consulting LLC bought a new position in Boeing in the fourth quarter valued at about $26,000. Finally, 1 North Wealth Services LLC purchased a new position in Boeing in the fourth quarter worth about $27,000. 64.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. BNP Paribas Exane upgraded Boeing from an “underperform” rating to an “outperform” rating and boosted their price target for the company from $230.00 to $300.00 in a research note on Monday, August 3rd. Citigroup cut shares of Boeing from a “buy” rating to a “sell” rating in a research note on Tuesday, August 11th. William Blair reissued an “outperform” rating on shares of Boeing in a report on Tuesday, July 28th. Weiss Ratings restated a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. Finally, Tigress Financial upped their target price on shares of Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $272.58.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The U.S. State Department approved a potential $4.5 billion sale of KC-46A aerial refueling tankers to Qatar. The deal would support Boeing’s defense backlog and international sales, although it remains subject to final agreements and congressional review. US approves potential $4.5B sale of Boeing KC-46A tankers to Qatar
• Positive Sentiment: Boeing is progressing repairs and interior work on the next Air Force One aircraft, and it recently received a contract worth roughly $75 million for Air Force One parts. These developments provide defense and government-services revenue, though schedule pressure remains. Boeing advances Air Force One repairs
• Neutral Sentiment: Boeing’s partnership with Archer Aviation involves transferring Boeing-owned businesses—including Wisk Aero, Insitu and SkyGrid—in exchange for a strategic equity stake in Archer. The transaction could monetize noncore assets and preserve exposure to future aviation technology, but its near-term financial effect on BA is unclear. Archer Aviation bets big on becoming more than an air taxi company
• Negative Sentiment: The largest near-term overhang is uncertainty surrounding a contract vote by approximately 17,000 SPEEA engineers and technical workers. Rejection could lead to strike authorization after contracts expire on October 6, potentially disrupting Boeing’s recovery, certification work and production ramp. Boeing slides as labor vote uncertainty appears to outweigh recent operational progress
• Negative Sentiment: Air Force One repair work faces potential schedule threats related to windows and interior installation, reinforcing investor concerns about Boeing’s ability to execute complex programs on time and control costs.
• Negative Sentiment: Boeing’s $1.5 billion private bond financing for United Launch Alliance highlights continued capital needs and leverage concerns. With elevated debt and historically weak profitability, additional borrowing may weigh on sentiment despite supporting liquidity. A $1.5 Billion Deal: Why Boeing and Lockheed Stocks Are in Focus

Boeing Stock Performance

NYSE:BA opened at $215.22 on Friday. The stock has a 50-day simple moving average of $222.21 and a two-hundred day simple moving average of $222.31. 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 quick ratio of 0.33 and a current ratio of 1.14. The firm has a market capitalization of $170.10 billion, a PE ratio of 93.17 and a beta of 1.21.

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

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.