Coastal Bridge Advisors LLC Takes $2.04 Million Position in The Boeing Company $BA

Coastal Bridge Advisors LLC bought a new stake in The Boeing Company (NYSE:BA) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 9,434 shares of the aircraft producer’s stock, valued at approximately $2,042,000.

Other hedge funds have also bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in shares of Boeing in the second quarter valued at approximately $62,074,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Boeing during the 2nd quarter worth approximately $334,000. Blue Edge Capital LLC acquired a new position in shares of Boeing during the 2nd quarter worth approximately $4,600,000. Jacobs Equity LLC bought a new stake in Boeing in the 2nd quarter valued at $260,000. Finally, Proficio Capital Partners LLC bought a new stake in Boeing in the 2nd quarter valued at $676,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Boeing Stock Performance

BA opened at $209.78 on Friday. The business has a fifty day simple moving average of $220.87 and a 200 day simple moving average of $221.44. The company has a market capitalization of $165.81 billion, a PE ratio of 90.82 and a beta of 1.21. The Boeing Company has a 1 year low of $176.77 and a 1 year 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.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.24) earnings per share. Research analysts expect that The Boeing Company will post -0.87 EPS for the current year.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing’s $131B F-15 Win
• Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
• Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
• Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
• Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
• Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
• Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Cantor Fitzgerald cut shares of Boeing to a “neutral” rating in a research report on Tuesday, August 11th. Wolfe Research lowered shares of Boeing from an “outperform” rating to a “hold” rating in a research report on Tuesday, August 11th. UBS Group started coverage on shares of Boeing in a research note on Tuesday, August 11th. They set a “buy” rating for the company. Tigress Financial raised their target price on shares of Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

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.