The Boeing Company $BA Stock Position Raised by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lifted its stake in The Boeing Company (NYSE:BA) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 431,882 shares of the aircraft producer’s stock after purchasing an additional 5,711 shares during the period. Douglas Lane & Associates LLC’s holdings in Boeing were worth $80,352,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BA. Highland Investment Advisors LLC acquired a new position in shares of Boeing in the 2nd quarter valued at $26,000. 1 North Wealth Services LLC bought a new position in shares of Boeing in the fourth quarter worth $27,000. Wealth Preservation Advisors LLC grew its holdings in Boeing by 66.7% during the fourth quarter. Wealth Preservation Advisors LLC now owns 125 shares of the aircraft producer’s stock worth $27,000 after acquiring an additional 50 shares during the period. Strategic Wealth Advisors LLC acquired a new stake in shares of Boeing during the second quarter valued at approximately $27,000. Finally, Retirement Wealth Solutions LLC raised its position in Boeing by 3,575.0% during the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock valued at $27,000 after buying an additional 143 shares during the period. Institutional investors and hedge funds own 64.82% of the company’s stock.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: TD Cowen maintains a bullish view: The firm lowered its price target from $250 to $240 but retained a “buy” rating, implying substantial potential upside from recent trading levels. The target reduction may reflect a more cautious outlook, but the continued buy rating provides positive sentiment. TD Cowen Boeing price target update
• Positive Sentiment: New 737 MAX order supports commercial demand: Aircraft lessor Avolon ordered 140 Boeing 737 MAX jets as part of a larger 250-aircraft order that also includes Airbus planes. The Boeing portion adds to the company’s backlog and supports future deliveries, revenue and cash flow. Avolon orders Boeing 737 MAX aircraft
• Positive Sentiment: Potential Southwest 787 selection: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a possible long-haul expansion. Although no final order has been announced, the selection could create a meaningful new customer relationship and help Boeing’s widebody recovery. Southwest weighs Boeing 787 purchase
• Positive Sentiment: Defense growth remains a catalyst: Rising demand for infrared search-and-track systems and Boeing’s approximately $14.7 billion PAC-3 seeker production contract could strengthen its defense backlog and diversify results beyond commercial aircraft.
• Neutral Sentiment: Large backlog has execution risk: Boeing’s roughly $715 billion backlog offers long-term visibility, but investors remain focused on delivery timing, production rates and whether the orders generate sufficient cash and returns. Boeing backlog analysis
• Negative Sentiment: Debt and execution concerns remain: Large upcoming debt repayments, production delays and weak return on invested capital could pressure liquidity and limit the benefit of new orders and defense contracts. Boeing debt wall analysis

Analyst Ratings Changes

BA has been the subject of a number of recent research reports. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Boeing in a research note on Wednesday, September 30th. Citigroup cut Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price for the company in a research note on Tuesday, August 11th. The Goldman Sachs Group downgraded Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, William Blair reissued an “outperform” rating on shares of Boeing in a research note on Wednesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $269.96.

Boeing Trading Up 1.3%

Shares of NYSE:BA traded up $2.40 during mid-day trading on Friday, reaching $190.15. 2,591,670 shares of the company’s stock were exchanged, compared to its average volume of 6,843,655. The business’s fifty day moving average price is $210.22 and its 200-day moving average price is $216.03. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. 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 market capitalization of $150.28 billion, a price-to-earnings ratio of 82.22 and a beta of 1.26.

Boeing (NYSE:BA) last announced its quarterly 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 negative return on equity of 346.82% and a net margin of 2.41%.The company had revenue of $24.56 billion for the quarter, compared to the consensus estimate of $24.26 billion. During the same quarter last year, the company posted ($1.24) EPS. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, research analysts predict that The Boeing Company will post -0.91 EPS for the current fiscal year.

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.