227,047 Shares in The Boeing Company $BA Acquired by Nykredit A S

Key Points

• Nykredit A S acquired 227,047 Boeing shares during the second quarter, valued at approximately $49.1 million. Institutional investors and hedge funds collectively own 64.82% of Boeing.
• Boeing’s shares opened at $208.60, while analysts maintain a “Moderate Buy” consensus and an average price target of $272.58. The company reported $24.56 billion in quarterly revenue, up 8% year over year, but missed earnings expectations with a loss of $0.76 per share.
• Potential freighter demand, improving cash flow, and an approximately $85 billion defense backlog support Boeing’s outlook, though FAA safety violations and strike risks remain significant challenges.

Nykredit A S purchased a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 227,047 shares of the aircraft producer's stock, valued at approximately $49,149,000.

Other institutional investors also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC purchased a new position in shares of Boeing during the fourth quarter worth approximately $201,000. Sivia Capital Partners LLC increased its holdings in shares of Boeing by 16.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer's stock valued at $320,000 after acquiring an additional 217 shares during the period. AXA S.A. raised its position in Boeing by 1,225.7% in the 2nd quarter. AXA S.A. now owns 34,655 shares of the aircraft producer's stock valued at $7,261,000 after purchasing an additional 32,041 shares during the last quarter. Ieq Capital LLC raised its position in Boeing by 243.8% in the 2nd quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer's stock valued at $7,016,000 after purchasing an additional 23,746 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Boeing by 4.2% during the 2nd quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer's stock worth $279,608,000 after purchasing an additional 53,736 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Boeing Stock Up 1.4%

Shares of Boeing stock opened at $208.60 on Thursday. The Boeing Company has a one year low of $176.77 and a one year high of $254.35. The company has a market cap of $164.88 billion, a P/E ratio of 90.31 and a beta of 1.21. 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 fifty day moving average of $219.88 and a two-hundred day moving average of $220.52.

Boeing (NYSE:BA - Get Free Report) last issued its earnings results 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). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The firm had revenue of $24.56 billion during the quarter, compared to analysts' expectations of $24.26 billion. During the same period in the previous year, the firm earned ($1.24) EPS. The firm's revenue was up 8.0% on a year-over-year basis. On average, analysts forecast that The Boeing Company will post -0.87 earnings per share for the current year.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Potential Ethiopian Airlines freighter order: Ethiopian Airlines is reportedly nearing a deal to purchase as many as 10 long-haul Boeing freighters. The possible order would support Boeing’s commercial backlog and benefit from growing demand for dedicated cargo aircraft. Ethiopian Airlines nears Boeing cargo plane order
• Positive Sentiment: Analyst upgrade highlights cash-flow progress: Argus upgraded Boeing from Hold to Buy, citing its substantial backlog, improving revenue and margins, and a second-quarter cash-flow turnaround. The upgrade reinforces the view that production and profitability issues are gradually improving. Q2 Cash Flow Turnaround Supports Boeing’s Rating Upgrade
• Positive Sentiment: Satellite delivery completed: Boeing delivered the final group of mPower satellites, marking progress in its space business and providing a modest positive catalyst for the company’s defense and space operations. Boeing Delivers Final Round of mPower Satellites
• Positive Sentiment: Defense backlog offers longer-term support: Boeing’s defense unit has approximately $85 billion in backlog, with several programs moving into low-rate production. Investors view the segment as a potential growth and diversification driver while commercial aerospace recovers. Can Boeing’s Defense Business Become a Bigger Growth Driver?
• Neutral Sentiment: Upcoming investor presentation: CEO Kelly Ortberg is scheduled to speak at the Morgan Stanley Laguna Conference on September 16. Investors may look for updates on production rates, cash flow, labor talks and the company’s turnaround plans. Boeing CEO to Speak at Morgan Stanley Laguna Conference
• Negative Sentiment: FAA safety violations remain an overhang: Boeing paid a $3.1 million FAA fine earlier this year over widespread safety violations, including conduct connected to the 2024 Alaska Airlines 737 MAX 9 emergency. The disclosure could renew scrutiny of Boeing’s safety culture, regulatory relationship and potential compliance costs. Boeing Paid Fine to FAA Over Safety Violations
• Negative Sentiment: Strike risk persists: Boeing and approximately 17,000 engineers and technical workers are set to resume contract talks on September 8 after workers rejected the company’s proposals and authorized a potential strike. A work stoppage could disrupt production and add costs. Boeing Resumes Talks as Engineer Strike Risk Looms

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Btg Pactual set a $260.00 price objective on shares of Boeing in a research report on Tuesday, July 14th. Barclays cut shares of Boeing from an "equal weight" rating to an "underweight" rating in a report on Tuesday, August 11th. Weiss Ratings reissued a "sell (d+)" rating on shares of Boeing in a report on Tuesday, July 21st. Sanford C. Bernstein initiated coverage on Boeing in a research report on Tuesday, August 11th. They issued an "outperform" rating on the stock. Finally, The Goldman Sachs Group cut Boeing from a "buy" rating to a "hold" rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company 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.

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