9,434 Shares in The Boeing Company $BA Acquired by Coastal Bridge Advisors LLC

Coastal Bridge Advisors LLC bought a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 9,434 shares of the aircraft producer's stock, valued at approximately $2,042,000.

A number of other institutional investors have also recently bought and sold shares of the stock. XML Financial LLC increased its position in shares of Boeing by 0.5% during the fourth quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer's stock worth $1,933,000 after acquiring an additional 43 shares in the last quarter. North Star Investment Management Corp. boosted its stake in Boeing by 1.6% in the 4th quarter. North Star Investment Management Corp. now owns 2,833 shares of the aircraft producer's stock worth $615,000 after purchasing an additional 44 shares during the period. Strait & Sound Wealth Management LLC increased its holdings in Boeing by 1.1% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,915 shares of the aircraft producer's stock worth $850,000 after purchasing an additional 44 shares in the last quarter. B.O.S.S. Retirement Advisors LLC raised its stake in shares of Boeing by 1.4% in the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 3,175 shares of the aircraft producer's stock valued at $632,000 after purchasing an additional 44 shares during the period. Finally, PKS Advisory Services LLC raised its stake in shares of Boeing by 2.5% in the 4th quarter. PKS Advisory Services LLC now owns 1,839 shares of the aircraft producer's stock valued at $399,000 after purchasing an additional 45 shares during the period. Institutional investors own 64.82% of the company's stock.

Boeing Price Performance

Shares of NYSE BA opened at $209.78 on Friday. 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 business has a 50-day moving average of $220.87 and a 200-day moving average of $221.44. The stock has a market capitalization of $165.81 billion, a price-to-earnings ratio of 90.82 and a beta of 1.21. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35.

Boeing (NYSE:BA - Get Free Report) last released its 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). The company had revenue of $24.56 billion for the quarter, compared to the consensus estimate of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business's revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.24) EPS. As a group, sell-side analysts predict that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

Key Stories Impacting Boeing

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

Analyst Ratings Changes

Several research firms have recently weighed in on BA. Btg Pactual set a $260.00 price objective on Boeing in a research report on Tuesday, July 14th. Royal Bank Of Canada dropped their target price on Boeing from $275.00 to $265.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 29th. William Blair restated an "outperform" rating on shares of Boeing in a research note on Tuesday, July 28th. Barclays downgraded Boeing from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Boeing from $270.00 to $290.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, 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.

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