Arizona State Retirement System Sells 7,431 Shares of The Boeing Company $BA

Key Points

• Arizona State Retirement System reduced its Boeing stake by 3.5%, selling 7,431 shares and retaining 207,154 shares valued at approximately $44.8 million.
• Other institutional investors increased their Boeing holdings, including AXA, which boosted its position by more than 1,200%, while institutions collectively own 64.82% of the stock.
• Boeing faces mixed signals: free cash flow turned positive and the company secured an $880 million Navy contract, but August commercial deliveries declined and quarterly earnings missed analyst expectations. Analysts maintain a “Moderate Buy” consensus with a $272.58 target price.

Arizona State Retirement System lowered its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 3.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,154 shares of the aircraft producer's stock after selling 7,431 shares during the quarter. Arizona State Retirement System's holdings in Boeing were worth $44,843,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Revolve Wealth Partners LLC bought a new position in Boeing in the 4th quarter valued at about $201,000. Sivia Capital Partners LLC lifted its holdings in shares of Boeing by 16.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer's stock worth $320,000 after acquiring an additional 217 shares during the period. AXA S.A. boosted its position in shares of Boeing by 1,225.7% during the 2nd quarter. AXA S.A. now owns 34,655 shares of the aircraft producer's stock worth $7,261,000 after acquiring an additional 32,041 shares in the last quarter. Ieq Capital LLC boosted its position in shares of Boeing by 243.8% during the 2nd quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer's stock worth $7,016,000 after acquiring an additional 23,746 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in Boeing by 4.2% in the second quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer's stock valued at $279,608,000 after acquiring an additional 53,736 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing reported that free cash flow has turned positive, an important milestone in its turnaround. Investors will now focus on whether the company can sustain cash generation, improve production efficiency, and avoid further losses in its commercial-aircraft and defense businesses. Boeing's Free Cash Flow Turned Positive
• Positive Sentiment: Boeing won an $880 million U.S. Navy contract, reinforcing the defense segment’s value and providing additional backlog visibility. Reports that President Trump bought BA shares on the same day add publicity, although they also raise questions about potential conflicts of interest. Boeing Navy Contract and Stock Purchase
• Neutral Sentiment: A fatal accident involving an Amazon cargo aircraft operated by 21 Air has renewed attention on Boeing 767 freighters. The aircraft was a 1994-built 767 converted to cargo use in 2015; investigators are still determining the cause, so the direct implications for Boeing remain unclear. Boeing Jet That Overshot a Miami Runway
• Negative Sentiment: Boeing delivered 51 commercial jets in August, below 57 a year earlier and slightly below the prior month. The decline was driven by fewer 787 Dreamliner handovers, highlighting continued execution and delivery challenges at a time when investors need consistent production recovery and cash flow. Boeing August Deliveries Dip
• Negative Sentiment: Additional reports of a British Airways 787 emergency slide inflating onto a catering truck may add to investor sensitivity around Boeing’s aircraft quality and operational reliability, even though the incident appears isolated and no broader financial impact was reported. British Airways Boeing 787 Incident

Wall Street Analysts Forecast Growth

Several brokerages have commented on BA. The Goldman Sachs Group downgraded shares of Boeing from a "buy" rating to a "hold" rating in a research report on Tuesday, August 11th. William Blair reiterated an "outperform" rating on shares of Boeing in a research note on Tuesday, July 28th. UBS Group assumed coverage on Boeing in a report on Tuesday, August 11th. They set a "buy" rating for the company. Sanford C. Bernstein started coverage on Boeing in a research report on Tuesday, August 11th. They set an "outperform" rating for the company. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Boeing in a research note 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 assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Boeing has an average rating of "Moderate Buy" and a consensus target price of $272.58.

Boeing Price Performance

Boeing stock traded down $1.45 during mid-day trading on Tuesday, reaching $210.80. The company had a trading volume of 4,366,216 shares, compared to its average volume of 6,625,970. The business has a fifty day simple moving average of $219.58 and a 200 day simple moving average of $219.85. The company has a market cap of $166.61 billion, a P/E ratio of 91.26 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. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BA - Get Free Report) 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 analyst estimates of $24.26 billion. During the same quarter last year, the company posted ($1.24) earnings per share. The firm's quarterly revenue was up 8.0% on a year-over-year basis. On average, equities research analysts predict that The Boeing Company will post -0.87 earnings per share for the current year.

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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