2,463 Shares in The Boeing Company $BA Bought by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC purchased a new stake in The Boeing Company (NYSE:BA) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 2,463 shares of the aircraft producer’s stock, valued at approximately $533,000.

Other hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Boeing in the third quarter valued at about $25,000. Strive Financial Group LLC acquired a new position in Boeing during the 4th quarter worth approximately $25,000. CrossGen Wealth LLC acquired a new position in Boeing during the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC purchased a new position in Boeing in the 4th quarter worth approximately $26,000. Finally, 1 North Wealth Services LLC purchased a new position in Boeing in the 4th quarter worth approximately $27,000. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing Trading Up 0.7%

BA opened at $212.48 on Thursday. 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. The stock has a market capitalization of $167.94 billion, a PE ratio of 91.98 and a beta of 1.21. The firm’s fifty day moving average price is $221.15 and its 200 day moving average price is $221.68.

Boeing (NYSE:BA) last announced its quarterly earnings data 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). The company had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.Boeing’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned ($1.24) earnings per share. As a group, research analysts expect that The Boeing Company will post -0.87 EPS for the current fiscal year.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Bernstein initiated or reiterated a Buy view on Boeing, providing support for the stock despite recent operational concerns. Boeing Gets a Buy from Bernstein
• Positive Sentiment: Boeing and RTX won approximately $766 million in U.S. Air Force contracts tied to B-52 modernization. The award reinforces Boeing’s defense exposure and provides incremental backlog and revenue visibility. Boeing and RTX Win B-52 Modernization Contracts
• Positive Sentiment: The market continues to focus on Boeing’s potential $131.23 billion F-15 Eagle contract ceiling, which could support defense revenue through 2037 and include modernization, sustainment, and foreign military sales. However, the indefinite-delivery/indefinite-quantity award is a maximum authorization—not guaranteed revenue—and only about $344,000 was initially funded. F-15 Eagle Contract Announcement
• Positive Sentiment: Some valuation analysis argues Boeing may be undervalued after a roughly 10% annual decline, citing long-term defense contracts and technology partnerships as potential cash-flow catalysts. Execution remains the key risk. Boeing Stock Could Be Undervalued

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. UBS Group assumed coverage on shares of Boeing in a research note on Tuesday, August 11th. They set a “buy” rating on the stock. Tigress Financial upped their target price on shares of Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citigroup lowered shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. The Goldman Sachs Group downgraded shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Argus upgraded shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $272.58.

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.