FAS Wealth Partners Inc. Has $4.03 Million Position in The Boeing Company $BA

Key Points

• FAS Wealth Partners increased its Boeing stake by 37.3% during the first quarter, bringing its holdings to 20,230 shares valued at approximately $4.03 million. Institutional investors and hedge funds collectively own 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’s stock opened at $216.64, with a one-year range of $176.77 to $254.35.
• Analysts remain generally optimistic, with a consensus “Moderate Buy” rating and an average price target of $264.11, though Boeing continues to face execution risks, including cost overruns and delays in its B-52 modernization program and ongoing labor uncertainty.

FAS Wealth Partners Inc. boosted its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 37.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,230 shares of the aircraft producer's stock after acquiring an additional 5,501 shares during the period. FAS Wealth Partners Inc.'s holdings in Boeing were worth $4,026,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC acquired a new stake in Boeing during the fourth quarter worth about $201,000. Sivia Capital Partners LLC increased its holdings in 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 buying an additional 217 shares during the period. AXA S.A. raised its position in shares of 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 buying an additional 32,041 shares in the last quarter. Ieq Capital LLC raised its position in shares of 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 buying an additional 23,746 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of 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 acquiring an additional 53,736 shares during the period. 64.82% of the stock is owned by institutional investors and hedge funds.

Boeing Price Performance

BA stock opened at $216.64 on Monday. The company has a 50 day simple moving average of $219.14 and a 200 day simple moving average of $223.81. The stock has a market cap of $171.23 billion, a price-to-earnings ratio of 93.78 and a beta of 1.21. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS 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 company had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. During the same period in the previous year, the company earned ($1.24) EPS. Boeing's revenue for the quarter was up 8.0% on a year-over-year basis. Research analysts anticipate that The Boeing Company will post -0.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BA. Wolfe Research reiterated an "outperform" rating and set a $275.00 price target on shares of Boeing in a research report on Thursday, April 23rd. Btg Pactual set a $260.00 target price on Boeing in a research note on Tuesday, July 14th. JPMorgan Chase & Co. raised their target price on Boeing from $270.00 to $290.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Tigress Financial lifted their price target on Boeing from $290.00 to $295.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Finally, Citigroup boosted their price target on Boeing from $256.00 to $260.00 and gave the stock a "buy" rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $264.11.

Insider Activity at Boeing

In other news, Director Bradley D. Tilden acquired 1,370 shares of the business's stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average price of $218.50 per share, with a total value of $299,345.00. Following the acquisition, the director directly owned 1,370 shares in the company, valued at $299,345. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.10% of the company's stock.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s commercial-airplane recovery remains the key catalyst. Reports indicate accelerating deliveries, with the company targeting as many as 600 commercial aircraft in 2026 and forecasting $1 billion to $3 billion in cash flow. Stronger deliveries could improve liquidity and help convert backlog into earnings and free cash flow. Boeing's Delivery Pace Is Finally Accelerating Boeing’s recovery momentum surges with $24.6B revenue in Q2
• Positive Sentiment: Boeing has offered a new contract to roughly 17,000 commercial-airplane engineers and technical workers, and union negotiators have endorsed the proposal. A successful agreement could reduce the risk of another labor disruption affecting production and deliveries. Boeing sends contract offer to engineers union
• Positive Sentiment: JPMorgan raised its Boeing price target to $290, signaling greater confidence in the recovery outlook, although target changes are analyst opinions rather than guarantees. JPMorgan boosts Boeing price target
• Neutral Sentiment: Coverage portrays Boeing as rebuilding customer and investor trust after years of safety and execution problems. The longer-term opportunity is significant, but the company still must demonstrate sustained profitability and operational consistency. The return of Boeing, and the long road to restore their reputation
• Neutral Sentiment: RBC lowered its Boeing price target to $265, contrasting with JPMorgan’s increase and highlighting disagreement among analysts about the pace and reliability of the turnaround. RBC lowers Boeing price target
• Negative Sentiment: A Government Accountability Office report found that Boeing’s $21 billion B-52 modernization program is already experiencing cost increases and schedule delays. Further overruns could pressure margins and raise concerns about execution in Boeing’s defense business. Boeing’s $21 billion B-52 upgrade faces cost overruns
• Negative Sentiment: WestJet has begun parking Boeing 737 aircraft while negotiations with flight attendants remain unresolved. A strike or other labor disruption could temporarily reduce aircraft utilization and delay deliveries or related revenue, adding to Boeing’s broader labor and production risks. WestJet starts parking Boeing 737 jets

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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