Paul R. Ried Financial Group LLC Purchases 2,483 Shares of The Boeing Company $BA

Paul R. Ried Financial Group LLC lifted its holdings in The Boeing Company (NYSE:BA) by 13.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,543 shares of the aircraft producer’s stock after acquiring an additional 2,483 shares during the quarter. Boeing makes up approximately 1.9% of Paul R. Ried Financial Group LLC’s holdings, making the stock its 12th largest holding. Paul R. Ried Financial Group LLC’s holdings in Boeing were worth $4,447,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Princeton Capital Management LLC raised its holdings in shares of Boeing by 78.3% in the fourth quarter. Princeton Capital Management LLC now owns 12,249 shares of the aircraft producer’s stock valued at $2,660,000 after buying an additional 5,381 shares during the last quarter. Rakuten Investment Management Inc. lifted its position in Boeing by 502.3% during the 4th quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock worth $22,398,000 after buying an additional 85,982 shares in the last quarter. Louisiana State Employees Retirement System bought a new stake in Boeing during the 1st quarter worth about $7,961,000. Patriot Financial Group Insurance Agency LLC increased its position in Boeing by 103.8% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,240 shares of the aircraft producer’s stock valued at $2,237,000 after acquiring an additional 5,726 shares in the last quarter. Finally, MH & Associates Securities Management Corp ADV acquired a new stake in Boeing in the 4th quarter valued at about $2,408,000. 64.82% of the stock is currently owned by institutional investors.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: 737 MAX 7 certification unlocks future revenue. The FAA’s approval ends nearly a decade of technical reviews and safety assessments, allowing Boeing to begin preparations for first deliveries of the smallest MAX variant. The aircraft adds capacity to Boeing’s best-selling narrowbody family and could begin contributing cash flow sooner than the lengthy development timeline might suggest. Federal Aviation Administration certifies Boeing 737 MAX 7
• Positive Sentiment: Wall Street sentiment improved. BNP Paribas analyst Matthew Akers raised Boeing’s rating from Sell to Buy, skipping a Hold rating, citing fading certification risks and the potential for a powerful cash-flow recovery. The upgrade, combined with the FAA decision, helped reinforce investor confidence in Boeing’s extended recovery. Boeing Stock Gets Rare Double Upgrade
• Positive Sentiment: Commercial aircraft demand remains supportive. Airlines are operating aging fleets amid strong travel demand, increasing the value of Boeing’s ability to raise narrowbody and widebody delivery rates. Boeing also delivered a 737 MAX to Tajikistan’s Somon Air, providing another indication of ongoing international demand. Somon Air Receives Its First Boeing 737 MAX Jet
• Neutral Sentiment: Revenue benefits will take time. Although certification clears the way for deliveries, airlines may need months to integrate the MAX 7 into flight schedules, and passengers are not expected to fly on the aircraft until 2027. This limits the immediate earnings impact. Boeing’s Smallest 737 Max Finally Wins FAA Certification
• Negative Sentiment: Defense-program execution remains a concern. Boeing’s recent earnings miss was attributed largely to roughly $280 million in charges tied to legacy fixed-price defense manufacturing. While investors largely looked past the miss because commercial demand and certification progress are improving, the charges highlight continuing margin and cash-flow risks outside the commercial-aircraft business. The $280 Million Reason Boeing Missed

Boeing Stock Performance

Shares of NYSE:BA opened at $237.08 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77. The Boeing Company has a 1-year low of $176.77 and a 1-year high of $254.35. The stock has a market capitalization of $187.38 billion, a P/E ratio of 102.63 and a beta of 1.21. The business has a 50-day moving average price of $219.78 and a two-hundred day moving average price of $223.70.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (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 business had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. During the same period last year, the business posted ($1.24) EPS. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. Equities analysts predict that The Boeing Company will post -0.81 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BA shares. William Blair reiterated an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. Citigroup raised their price target on shares of Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. UBS Group restated a “buy” rating on shares of Boeing in a research report on Wednesday, July 29th. Tigress Financial upped their price objective on Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their price objective on Boeing from $270.00 to $290.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and a consensus price target of $272.44.

Insiders Place Their Bets

In other Boeing news, Director Bradley D. Tilden acquired 1,370 shares of Boeing stock in a transaction on Wednesday, May 20th. The shares were purchased at an average cost of $218.50 per share, with a total value of $299,345.00. Following the completion of the purchase, the director owned 1,370 shares in the company, valued at $299,345. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by corporate insiders.

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.