11,462 The Boeing Company $BA Shares Sold by International Assets Investment Management LLC

Key Points

• International Assets Investment Management cut its Boeing stake by 31.4%, selling 11,462 shares and retaining 25,000 shares valued at $4.65 million. Other institutional investors increased their positions, with institutions collectively owning 64.82% of Boeing.
• Boeing reported a quarterly loss of $0.34 per share, missing the $0.25 consensus estimate, although revenue of $24.19 billion exceeded expectations and rose 3.9% year over year.
• Analyst sentiment remains mixed: Boeing has a “Moderate Buy” consensus rating and a $246.92 average price target, but several firms recently downgraded the stock or lowered their targets. Shares opened at $171.41, near the company’s 12-month low.

International Assets Investment Management LLC trimmed its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 31.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 25,000 shares of the aircraft producer's stock after selling 11,462 shares during the quarter. International Assets Investment Management LLC's holdings in Boeing were worth $4,651,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BA. SteelPeak Wealth LLC lifted its holdings in Boeing by 660.0% during the 3rd quarter. SteelPeak Wealth LLC now owns 94,976 shares of the aircraft producer's stock worth $17,670,000 after buying an additional 82,479 shares during the period. McAlister Sweet & Associates Inc. raised its position in shares of Boeing by 57.2% during the third quarter. McAlister Sweet & Associates Inc. now owns 45,420 shares of the aircraft producer's stock worth $8,450,000 after acquiring an additional 16,531 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Boeing by 16.0% during the second quarter. Integrated Wealth Concepts LLC now owns 42,417 shares of the aircraft producer's stock worth $9,182,000 after acquiring an additional 5,862 shares during the last quarter. T3 Companies LLC raised its position in shares of Boeing by 1,487.1% during the third quarter. T3 Companies LLC now owns 17,458 shares of the aircraft producer's stock worth $3,248,000 after acquiring an additional 16,358 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in shares of Boeing by 347.3% in the third quarter. Mather Group LLC. now owns 23,183 shares of the aircraft producer's stock worth $4,313,000 after acquiring an additional 18,000 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BA. The Goldman Sachs Group reissued a "buy" rating and issued a $238.00 price objective on shares of Boeing in a research note on Wednesday. Jefferies Financial Group cut Boeing from a "buy" rating to a "hold" rating in a research note on Wednesday. Citigroup cut Boeing from a "buy" rating to a "sell" rating in a research note on Tuesday, August 11th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Boeing in a report on Monday, October 19th. Finally, Morgan Stanley dropped their price target on Boeing from $225.00 to $195.00 and set an "equal weight" rating on the stock in a research note on Wednesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $246.92.

Boeing Stock Down 0.1%

Boeing stock opened at $171.41 on Monday. The firm has a 50 day moving average price of $196.12 and a 200-day moving average price of $217.21. The Boeing Company has a twelve month low of $165.01 and a twelve month high of $254.35. The company has a market capitalization of $135.83 billion, a P/E ratio of 18.65 and a beta of 1.26. The company has a quick ratio of 0.34, a current ratio of 1.13 and a debt-to-equity ratio of 6.31.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.09). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The business had revenue of $24.19 billion for the quarter, compared to analysts' expectations of $23.95 billion. During the same quarter in the previous year, the company posted ($7.47) earnings per share. The business's quarterly revenue was up 3.9% compared to the same quarter last year. As a group, equities analysts predict that The Boeing Company will post -1.72 EPS for the current year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
• Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
• Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
• Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
• Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
• Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
• Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
• Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation

About Boeing

The Boeing Company NYSE: BA is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world's major aerospace manufacturers.

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Boeing Company (NYSE:BA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.