3,121 Shares in The Boeing Company $BA Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of The Boeing Company (NYSE:BA) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,121 shares of the aircraft producer’s stock, valued at approximately $676,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BA. Princeton Capital Management LLC increased its holdings in Boeing by 78.3% during the 4th quarter. Princeton Capital Management LLC now owns 12,249 shares of the aircraft producer’s stock worth $2,660,000 after purchasing an additional 5,381 shares during the period. Rakuten Investment Management Inc. boosted its stake in shares of Boeing by 502.3% in the 4th quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock valued at $22,398,000 after buying an additional 85,982 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of Boeing during the first quarter worth about $7,961,000. Patriot Financial Group Insurance Agency LLC grew its position in shares of Boeing by 103.8% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 11,240 shares of the aircraft producer’s stock worth $2,237,000 after buying an additional 5,726 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in shares of Boeing by 47.5% during the fourth quarter. Deutsche Bank AG now owns 2,376,243 shares of the aircraft producer’s stock worth $515,930,000 after buying an additional 765,197 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s defense and space business is gaining momentum, supported by approximately $85 billion in backlog and several programs moving into low-rate production. This could provide a steadier growth driver beyond commercial aircraft and improve long-term revenue visibility. Can Boeing’s Defense Business Become a Bigger Growth Driver?
• Positive Sentiment: Boeing is gradually increasing aircraft production after receiving additional regulatory approvals, while its enormous commercial backlog—potentially covering more than a decade of deliveries—offers substantial future revenue support. Boeing Stock Analysis: Sales Increase 8% to $24.6 Billion. Time to Buy?
• Neutral Sentiment: Industry research projects continued growth in the global freighter-aircraft market, driven by e-commerce, express shipping and fleet replacement. The trend could benefit Boeing, although the report describes an industry opportunity rather than a new contract or forecast revision for BA. Global Freighter Aircraft Market to Reach $12.11 Billion by 2031
• Negative Sentiment: Boeing and the union representing roughly 17,000 engineers and technical workers will resume contract negotiations on September 8. Workers previously rejected Boeing’s four-year offers and authorized a potential strike, creating a significant execution, cost and production risk if talks fail. Boeing, Engineers Union Agree to Resume Contract Talks
• Negative Sentiment: The latest quarterly results showed improving revenue but continued earnings pressure: sales rose 8% to $24.56 billion, while Boeing reported a $0.76-per-share loss that missed the $0.34 consensus loss estimate. High leverage, weak liquidity metrics and an estimated full-year loss reinforce concerns about the pace and cost of the turnaround. Boeing Stock Analysis: Sales Increase 8% to $24.6 Billion

Analysts Set New Price Targets

BA has been the topic of several analyst reports. UBS Group initiated coverage on shares of Boeing in a report on Tuesday, August 11th. They issued a “buy” rating on the stock. Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Cantor Fitzgerald lowered shares of Boeing to a “neutral” rating in a report on Tuesday, August 11th. BNP Paribas Exane raised shares of Boeing from an “underperform” rating to an “outperform” rating and lifted their price objective for the stock from $230.00 to $300.00 in a research report on Monday, August 3rd. Finally, Argus upgraded shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price for the company in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Boeing currently has an average rating of “Moderate Buy” and a consensus price target of $272.58.

Boeing Price Performance

BA stock opened at $205.63 on Wednesday. The business has a 50 day moving average price of $220.11 and a 200 day moving average price of $220.73. The stock has a market cap of $162.52 billion, a price-to-earnings ratio of 89.02 and a beta of 1.21. 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 quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BA) last announced its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. 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 prior year, the company earned ($1.24) earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. Equities research analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

About Boeing

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.