Great Lakes Advisors LLC Makes New $113.41 Million Investment in The Boeing Company $BA

Key Points

• Great Lakes Advisors acquired 523,914 Boeing shares worth approximately $113.4 million, representing 0.07% of the company. Institutional investors and hedge funds collectively own 64.82% of Boeing.
• Analyst sentiment remains cautiously positive, with a consensus “Moderate Buy” rating and average price target of $272.58, despite mixed calls including Barclays’ downgrade to “underweight.”
• Boeing’s second-quarter revenue rose 8% year over year to $24.56 billion, but the company missed EPS estimates, while high debt, Apache helicopter concerns and renewed 737 MAX safety scrutiny continue to weigh on the outlook.

Great Lakes Advisors LLC acquired a new stake in The Boeing Company (NYSE:BA - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 523,914 shares of the aircraft producer's stock, valued at approximately $113,412,000. Great Lakes Advisors LLC owned 0.07% of Boeing as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Boeing by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer's stock worth $15,413,227,000 after buying an additional 3,460,021 shares during the last quarter. Newport Trust Company LLC raised its holdings in shares of Boeing by 1.0% during the fourth 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 lifted its position in Boeing by 3.2% during 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 period. Fisher Asset Management LLC boosted its holdings 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. Finally, Charles Schwab Investment Management Inc. grew its position in Boeing by 3.3% during the 4th 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 during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on BA shares. Royal Bank Of Canada decreased their price objective on Boeing from $275.00 to $265.00 and set an "outperform" rating for the company in a report on Wednesday, July 29th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Boeing in a research report on Tuesday, July 21st. Tigress Financial boosted their price target on Boeing from $295.00 to $305.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Barclays lowered Boeing from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, August 11th. Finally, Morgan Stanley lifted their target price on shares of Boeing from $245.00 to $250.00 and gave the company an "equal weight" rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Boeing has a consensus rating of "Moderate Buy" and an average target price of $272.58.

Boeing News Summary

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

Boeing Price Performance

NYSE:BA opened at $222.91 on Wednesday. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The stock's 50-day moving average price is $222.08 and its 200-day moving average price is $222.53. The stock has a market capitalization of $176.18 billion, a PE ratio of 96.50 and a beta of 1.21.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.42). The business had revenue of $24.56 billion during the quarter, compared to analyst estimates 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 for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.24) EPS. As a group, equities analysts expect that The Boeing Company will post -0.87 EPS for the current fiscal year.

Boeing Company 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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