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

Proficio Capital Partners LLC purchased a new position in shares of The Boeing Company (NYSE:BA) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,121 shares of the aircraft producer’s stock, valued at approximately $676,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC acquired a new position in shares of Boeing in the 3rd quarter valued at $25,000. Strive Financial Group LLC purchased a new position in Boeing during the 4th quarter worth $25,000. CrossGen Wealth LLC purchased a new position in Boeing during the 4th quarter worth $26,000. 1 North Wealth Services LLC acquired a new position in Boeing in the fourth quarter valued at $27,000. Finally, Wealth Preservation Advisors LLC increased its stake in Boeing by 66.7% in the fourth quarter. Wealth Preservation Advisors LLC now owns 125 shares of the aircraft producer’s stock valued at $27,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Key Headlines Impacting Boeing

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BA. The Goldman Sachs Group downgraded shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Tigress Financial boosted their price target on Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. William Blair restated an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. Btg Pactual set a $260.00 price objective on Boeing in a research note on Tuesday, July 14th. Finally, Cantor Fitzgerald cut Boeing to a “neutral” rating in a research report on Tuesday, August 11th. One research 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $272.58.

Boeing Stock Down 1.0%

Shares of Boeing stock opened at $205.63 on Wednesday. The Boeing Company has a one year low of $176.77 and a one year high of $254.35. The company has a market cap of $162.52 billion, a P/E ratio of 89.02 and a beta of 1.21. 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 fifty day moving average of $220.11 and a two-hundred day moving average of $220.73.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share 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 firm had revenue of $24.56 billion during the quarter, compared to analysts’ expectations of $24.26 billion. During the same period in the previous year, the firm earned ($1.24) EPS. The firm’s revenue was up 8.0% on a year-over-year basis. On average, analysts forecast that The Boeing Company will post -0.87 earnings per share 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.