Mirae Asset Global Investments Co. Ltd. bought a new stake in The Boeing Company (NYSE:BA – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 376,750 shares of the aircraft producer’s stock, valued at approximately $70,094,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. SFE Investment Counsel lifted its position in shares of Boeing by 49.3% during the 3rd quarter. SFE Investment Counsel now owns 1,892 shares of the aircraft producer’s stock valued at $352,000 after buying an additional 625 shares during the last quarter. Vise Technologies Inc. bought a new position in shares of Boeing during the 3rd quarter worth $5,842,000. Grandfield & Dodd LLC grew its stake in shares of Boeing by 30.9% during the 3rd quarter. Grandfield & Dodd LLC now owns 93,327 shares of the aircraft producer’s stock worth $17,364,000 after acquiring an additional 22,015 shares during the period. Investment Partners LTD. increased its holdings in Boeing by 38.6% in the 3rd quarter. Investment Partners LTD. now owns 2,300 shares of the aircraft producer’s stock worth $428,000 after acquiring an additional 641 shares during the last quarter. Finally, Summit Global Investments increased its holdings in Boeing by 65.7% in the 3rd quarter. Summit Global Investments now owns 5,052 shares of the aircraft producer’s stock worth $940,000 after acquiring an additional 2,004 shares during the last quarter. 64.82% of the stock is owned by institutional investors.
Boeing Trading Down 0.1%
Shares of BA opened at $171.41 on Monday. The firm’s 50 day simple moving average is $196.12 and its 200 day simple moving average is $217.21. The company has a market capitalization of $135.83 billion, a P/E ratio of 18.65 and a beta of 1.26. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.13 and a quick ratio of 0.34. The Boeing Company has a 1-year low of $165.01 and a 1-year high of $254.35.
Boeing (NYSE:BA – Get Free Report) last announced its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The company had revenue of $24.19 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the previous year, the firm earned ($7.47) earnings per share. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. Sell-side analysts forecast that The Boeing Company will post -1.72 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Langenberg & Company set a $250.00 price objective on shares of Boeing in a report on Tuesday, October 27th. Zacks Research downgraded shares of Boeing from a “hold” rating to a “strong sell” rating in a research note on Friday, October 16th. William Blair reiterated an “outperform” rating on shares of Boeing in a research note on Wednesday, September 30th. Robert W. Baird lowered their price target on shares of Boeing from $300.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Finally, Cantor Fitzgerald cut shares of Boeing to a “neutral” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and an average target price of $246.92.
View Our Latest Report on Boeing
Boeing News Roundup
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
- Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
- Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
- Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
- Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
- Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
- Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
- Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation
Boeing Profile
The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.
Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.
Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.
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