Danica Pension Livsforsikringsaktieselskab Acquires New Position in The Boeing Company $BA

Key Points

• Danica Pension acquired 283,098 Boeing shares worth approximately $61.3 million, making Boeing about 1% of its portfolio and its 22nd-largest holding. Institutional investors collectively own 64.82% of Boeing.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $272.58; recent targets range as high as $305.
• Boeing’s quarterly revenue rose 8% year over year to $24.56 billion, but it reported an adjusted loss of $0.76 per share, missing estimates. High debt, execution challenges and renewed safety scrutiny remain key risks.

Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 283,098 shares of the aircraft producer's stock, valued at approximately $61,282,000. Boeing makes up about 1.0% of Danica Pension Livsforsikringsaktieselskab's holdings, making the stock its 22nd largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Purus Wealth Management LLC lifted its position in shares of Boeing by 3.6% during the 4th quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer's stock valued at $256,000 after acquiring an additional 41 shares during the period. XML Financial LLC boosted its stake in shares of Boeing by 0.5% during the 4th 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. grew its holdings in shares of 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 acquiring an additional 44 shares during the period. Strait & Sound Wealth Management LLC grew its holdings in shares of Boeing by 1.1% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,915 shares of the aircraft producer's stock worth $850,000 after acquiring an additional 44 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC increased its stake in 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 in the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BA. Tigress Financial lifted their price objective on Boeing from $295.00 to $305.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. William Blair reissued an "outperform" rating on shares of Boeing in a report on Tuesday, July 28th. Royal Bank Of Canada dropped their price target on Boeing from $275.00 to $265.00 and set an "outperform" rating for the company in a research report on Wednesday, July 29th. BNP Paribas Exane raised Boeing from an "underperform" rating to an "outperform" rating and lifted their price target for the stock from $230.00 to $300.00 in a research note on Monday, August 3rd. Finally, Sanford C. Bernstein began coverage on shares of Boeing in a research report on Tuesday, August 11th. They issued an "outperform" rating on the stock. One 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 given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $272.58.

Boeing Stock Performance

Shares of NYSE BA opened at $222.91 on Wednesday. The company has a 50-day simple moving average of $222.08 and a 200-day simple moving average of $222.53. 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 company has a market cap of $176.18 billion, a PE ratio of 96.50 and a beta of 1.21. 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 announced its quarterly earnings data 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 firm had revenue of $24.56 billion for the quarter, compared to analysts' expectations of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the company posted ($1.24) EPS. On average, equities analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current year.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing received a $75 million U.S. Air Force contract for Air Force One spare parts. Although modest relative to Boeing’s overall business, the award supports its defense and government-services backlog. Air Force One parts contract
• Positive Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly completed a $1.5 billion private bond offering—triple its original target. The financing could support ULA’s launch operations and growth, though the debt is at the venture level rather than a direct Boeing contract. Boeing-Lockheed ULA bond offering
• Neutral Sentiment: Boeing appointed Celso Ferrer to lead its Latin America and Caribbean operations. His regional airline and safety experience could help rebuild customer relationships and expand commercial opportunities, but the financial impact is likely longer term. Boeing Latin America leadership appointment
• Negative Sentiment: The U.S. Army temporarily grounded Apache helicopters after a fatal crash near Fort Hood that killed two service members. Boeing manufactures the Apache, and the stand-down increases concerns about program reliability, potential investigations and delivery delays. Apache helicopter grounding
• Negative Sentiment: A new Netflix documentary revisits the 737 MAX tragedies and alleges that a profits-over-quality culture contributed to Boeing’s safety failures. Renewed scrutiny of whistleblower claims may weigh on the company’s reputation, regulatory risk and future aircraft demand. Freefall documentary review
• Negative Sentiment: Recent second-quarter results showed revenue growth of 8% year over year to $24.56 billion, but Boeing missed the consensus EPS estimate. With a high P/E ratio, substantial debt and continued execution challenges, investors remain sensitive to further setbacks. Boeing second-quarter earnings comparison

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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