ProShare Advisors LLC decreased its position in The Boeing Company (NYSE:BA – Free Report) by 2.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 223,690 shares of the aircraft producer’s stock after selling 4,551 shares during the period. ProShare Advisors LLC’s holdings in Boeing were worth $41,618,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of the company. Vise Technologies Inc. bought a new position in Boeing in the third quarter valued at $5,842,000. Grandfield & Dodd LLC lifted its position in 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 buying an additional 22,015 shares in the last quarter. Investment Partners LTD. lifted its position in Boeing by 38.6% during the 3rd quarter. Investment Partners LTD. now owns 2,300 shares of the aircraft producer’s stock worth $428,000 after buying an additional 641 shares in the last quarter. Summit Global Investments boosted its stake in shares of Boeing by 65.7% during the 3rd quarter. Summit Global Investments now owns 5,052 shares of the aircraft producer’s stock worth $940,000 after buying an additional 2,004 shares during the last quarter. Finally, Kassira Wealth Management LLC boosted its stake in shares of Boeing by 37.0% during the 3rd quarter. Kassira Wealth Management LLC now owns 13,141 shares of the aircraft producer’s stock worth $2,445,000 after buying an additional 3,549 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.
Key Stories Impacting Boeing
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 Trading Down 0.1%
Shares of NYSE:BA opened at $171.41 on Monday. The Boeing Company has a 52-week low of $165.01 and a 52-week high of $254.35. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.34 and a current ratio of 1.13. 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 50-day simple moving average of $196.12 and a 200 day simple moving average of $217.21.
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09). The business had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. Boeing’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period last year, the firm earned ($7.47) EPS. Sell-side analysts forecast that The Boeing Company will post -1.72 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on BA. Robert W. Baird lowered their target price on Boeing from $300.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Scotiabank upgraded Boeing to an “outperform” rating in a report on Wednesday. Jefferies Financial Group cut Boeing from a “buy” rating to a “hold” rating in a research report on Wednesday. Roth Capital downgraded Boeing to a “neutral” rating in a research note on Wednesday. Finally, William Blair reaffirmed an “outperform” rating on shares of Boeing in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Boeing has an average rating of “Moderate Buy” and a consensus price target of $246.92.
View Our Latest Stock Analysis on Boeing
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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