Nykredit A S Makes New Investment in The Boeing Company $BA

Nykredit A S bought a new stake in The Boeing Company (NYSE:BA) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 227,047 shares of the aircraft producer’s stock, valued at approximately $49,149,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BA. XML Financial LLC boosted its holdings in Boeing by 0.5% during the fourth quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock worth $1,933,000 after buying an additional 43 shares in the last quarter. Strait & Sound Wealth Management LLC lifted its position in shares of Boeing by 1.1% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,915 shares of the aircraft producer’s stock valued at $850,000 after acquiring an additional 44 shares during the period. B.O.S.S. Retirement Advisors LLC lifted its position in shares of Boeing by 1.4% during the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 3,175 shares of the aircraft producer’s stock valued at $632,000 after acquiring an additional 44 shares during the period. PKS Advisory Services LLC boosted its stake in shares of Boeing by 2.5% during the 4th quarter. PKS Advisory Services LLC now owns 1,839 shares of the aircraft producer’s stock worth $399,000 after acquiring an additional 45 shares in the last quarter. Finally, Horizon Bancorp Inc. IN boosted its stake in shares of Boeing by 3.1% during the 1st quarter. Horizon Bancorp Inc. IN now owns 1,493 shares of the aircraft producer’s stock worth $297,000 after acquiring an additional 45 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Sanford C. Bernstein began coverage on Boeing in a research note on Tuesday, August 11th. They issued an “outperform” rating for the company. The Goldman Sachs Group downgraded Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Argus raised Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a report on Tuesday, August 11th. William Blair restated an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. Finally, Robert W. Baird set a $300.00 price target on Boeing in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $272.58.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Potential Ethiopian Airlines freighter order: Ethiopian Airlines is reportedly nearing a deal to purchase as many as 10 long-haul Boeing freighters. The possible order would support Boeing’s commercial backlog and benefit from growing demand for dedicated cargo aircraft. Ethiopian Airlines nears Boeing cargo plane order
• Positive Sentiment: Analyst upgrade highlights cash-flow progress: Argus upgraded Boeing from Hold to Buy, citing its substantial backlog, improving revenue and margins, and a second-quarter cash-flow turnaround. The upgrade reinforces the view that production and profitability issues are gradually improving. Q2 Cash Flow Turnaround Supports Boeing’s Rating Upgrade
• Positive Sentiment: Satellite delivery completed: Boeing delivered the final group of mPower satellites, marking progress in its space business and providing a modest positive catalyst for the company’s defense and space operations. Boeing Delivers Final Round of mPower Satellites
• Positive Sentiment: Defense backlog offers longer-term support: Boeing’s defense unit has approximately $85 billion in backlog, with several programs moving into low-rate production. Investors view the segment as a potential growth and diversification driver while commercial aerospace recovers. Can Boeing’s Defense Business Become a Bigger Growth Driver?
• Neutral Sentiment: Upcoming investor presentation: CEO Kelly Ortberg is scheduled to speak at the Morgan Stanley Laguna Conference on September 16. Investors may look for updates on production rates, cash flow, labor talks and the company’s turnaround plans. Boeing CEO to Speak at Morgan Stanley Laguna Conference
• Negative Sentiment: FAA safety violations remain an overhang: Boeing paid a $3.1 million FAA fine earlier this year over widespread safety violations, including conduct connected to the 2024 Alaska Airlines 737 MAX 9 emergency. The disclosure could renew scrutiny of Boeing’s safety culture, regulatory relationship and potential compliance costs. Boeing Paid Fine to FAA Over Safety Violations
• Negative Sentiment: Strike risk persists: Boeing and approximately 17,000 engineers and technical workers are set to resume contract talks on September 8 after workers rejected the company’s proposals and authorized a potential strike. A work stoppage could disrupt production and add costs. Boeing Resumes Talks as Engineer Strike Risk Looms

Boeing Stock Up 1.4%

BA stock opened at $208.60 on Thursday. The company’s 50 day simple moving average is $219.88 and its 200-day simple moving average is $220.52. The firm has a market capitalization of $164.88 billion, a PE ratio of 90.31 and a beta of 1.21. The Boeing Company has a 12 month low of $176.77 and a 12 month 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.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share 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 business had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. During the same period last year, the business earned ($1.24) earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Equities analysts expect 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.