California State Teachers Retirement System Boosts Stake in The Boeing Company $BA

Key Points

• California State Teachers Retirement System dramatically increased its Boeing stake by 20,689.6% in the second quarter, acquiring about 244.7 million additional shares and reaching roughly 31.11% ownership. Institutional investors collectively hold 64.82% of Boeing’s stock.
• Boeing reported quarterly revenue of $24.56 billion, up 8% year over year, but its adjusted loss of $0.76 per share missed analyst expectations of a $0.34 loss. The company continues to face weak profitability and significant leverage.
• Analyst sentiment is generally favorable, with a consensus “Moderate Buy” rating and an average price target of $272.58, though production delays, 777X challenges, safety concerns and losses tied to the Spirit AeroSystems acquisition remain key risks.

California State Teachers Retirement System raised its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 20,689.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,894,334 shares of the aircraft producer's stock after acquiring an additional 244,711,560 shares during the quarter. California State Teachers Retirement System owned approximately 31.11% of Boeing worth $53,228,746,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in BA. Newport Trust Company LLC lifted its stake in shares of Boeing by 1.0% during the 4th quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer's stock worth $6,401,847,000 after purchasing an additional 286,848 shares during the last quarter. Geode Capital Management LLC grew its stake in Boeing by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer's stock valued at $3,679,592,000 after purchasing an additional 533,753 shares during the last quarter. Fisher Asset Management LLC grew its stake in Boeing by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer's stock valued at $1,224,752,000 after purchasing an additional 135,860 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Boeing by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer's stock worth $948,905,000 after purchasing an additional 138,469 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in shares of Boeing during the second quarter valued at about $911,878,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Boeing Stock Down 0.0%

BA stock opened at $212.15 on Monday. The firm's fifty day simple moving average is $219.63 and its 200-day simple moving average is $220.07. The company has a market capitalization of $167.68 billion, a P/E ratio of 91.84 and a beta of 1.21. 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 Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35.

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

Analyst Upgrades and Downgrades

BA has been the topic of a number of recent analyst reports. BNP Paribas Exane upgraded shares of Boeing from an "underperform" rating to an "outperform" rating and raised their price target for the company from $230.00 to $300.00 in a report on Monday, August 3rd. Argus upgraded shares of Boeing from a "hold" rating to a "buy" rating and set a $265.00 price objective for the company in a research note on Tuesday, August 11th. UBS Group initiated coverage on shares of Boeing in a research report on Tuesday, August 11th. They set a "buy" rating for the company. Robert W. Baird set a $300.00 target price on shares of Boeing in a research note on Wednesday, July 29th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Boeing in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $272.58.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Recovery and backlog support the bull case: Recent coverage highlights Boeing’s improving financial performance, growing commercial-aircraft demand, record backlog and improving cash flow. Analysts also see potential upside from defense growth and a valuation discount relative to some aerospace peers. Boeing vs. Lockheed Martin: Which Aerospace Stock Is a Better Buy in 2026?
• Positive Sentiment: Longer-term demand remains constructive: Boeing’s projection for substantial growth in Africa’s commercial aircraft fleet by 2045 reinforces the company’s long-range aircraft-demand opportunity. In addition, Albany International extended its agreement to manufacture composite fuselage frames for Boeing’s 787 program, supporting continued supplier activity. Boeing Projects Africa’s Commercial Aircraft Fleet in 2045
• Positive Sentiment: Institutional interest signals potential turnaround value: Reports that David Tepper and Paul Tudor Jones initiated Boeing positions may be encouraging investors who believe the company’s recovery prospects are stronger than its recent technical weakness suggests. What Do Tepper, Tudor See in Boeing That the Market Doesn't?
• Neutral Sentiment: Recovery remains incomplete: Boeing’s revenue growth and narrowing aircraft-production losses are positive trends, but the company continues to face elevated valuation, weak profitability and significant balance-sheet leverage while it works through its turnaround. Should You Buy Boeing Stock While It Still Loses Money On Airplanes?
• Negative Sentiment: Spirit AeroSystems deal is weighing on sentiment: Boeing’s $8.4 billion acquisition has reportedly uncovered larger-than-expected liabilities and continues to lose money, raising concerns that integrating the supplier could delay the payoff from fixing Boeing’s supply chain. Boeing's $8.4 Billion Deal Is Bleeding Red Ink
• Negative Sentiment: FAA safety enforcement renews quality concerns: Boeing paid a $3.1 million FAA fine tied to alleged interference with safety oversight, certification of non-airworthy aircraft and hundreds of quality-system violations related to the 737 MAX. The company’s failure to publicly disclose the penalty has added reputational and regulatory risk. Boeing paid $3.1M FAA safety fine without public disclosure
• Negative Sentiment: Execution risks remain: Production delays, cancellations and challenges surrounding the 777X continue to cloud Boeing’s outlook, limiting how quickly demand and backlog can translate into earnings and cash flow.

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.

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.