Mirador Capital Partners LP Purchases New Position in The Boeing Company $BA

Key Points

• Mirador Capital Partners acquired 18,099 Boeing shares worth approximately $3.37 million in the third quarter. Institutional investors collectively own 64.82% of Boeing.
• Boeing’s outlook is supported by strong aircraft demand, including Avolon’s order for 140 737 MAX jets and a backlog of roughly $715 billion, but production delays, high leverage and upcoming debt repayments remain significant risks.
• Analysts maintain a generally positive view, with Boeing receiving a “Moderate Buy” consensus rating and an average price target of $269.96, despite TD Cowen lowering its target to $240.

Mirador Capital Partners LP purchased a new stake in The Boeing Company (NYSE:BA - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 18,099 shares of the aircraft producer's stock, valued at approximately $3,367,000.

Several other large investors have also modified their holdings of the company. Jupiter Topco LLC bought a new position in Boeing in the 2nd quarter worth $911,878,000. Janus Henderson Group PLC grew its position in shares of Boeing by 43.1% in the fourth quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer's stock valued at $840,204,000 after purchasing an additional 1,176,074 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Boeing in the second quarter valued at about $747,763,000. Legal & General Group Plc bought a new position in shares of Boeing in the second quarter worth about $710,816,000. Finally, Deutsche Bank AG acquired a new position in shares of Boeing during the 2nd quarter worth about $539,456,000. 64.82% of the stock is owned by institutional investors.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Aircraft lessor Avolon placed a firm order for 140 Boeing 737 MAX jets as part of a broader 250-aircraft transaction split with Airbus. The order reinforces demand for Boeing’s highest-volume commercial program. Boeing Lands Order for 140 737 MAX Jets
• Positive Sentiment: Boeing reported a total backlog of approximately $715 billion at the end of the second quarter, including $597 billion in commercial airplanes. The backlog provides long-term revenue visibility if the company can improve delivery rates and production execution. Boeing’s Strategic Push to Balance Rising Demand with Operational Bottlenecks
• Positive Sentiment: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a potential long-haul international expansion, which could create a meaningful future widebody order. Southwest Airlines Weighs Boeing 787
• Positive Sentiment: Boeing’s defense business could benefit from rising demand for infrared search-and-track systems, while its approximately $14.7 billion PAC-3 seeker contract with Lockheed Martin adds longer-term defense visibility. Rising IRST Demand and Boeing’s Defense Outlook
• Positive Sentiment: Barclays included Boeing among its aerospace and defense stock picks tied to a “modern-day industrial revolution,” supporting the bullish long-term investment case. Boeing and More Buys for the Modern-Day Industrial Revolution
• Neutral Sentiment: TD Cowen lowered its Boeing price target from $250 to $240 but maintained a Buy rating, indicating reduced near-term confidence while still seeing substantial upside potential. TD Cowen Cuts Aerospace Targets
• Negative Sentiment: Investors remain concerned about Boeing’s approaching debt repayments, high leverage, production delays and weak returns on invested capital. The company’s large backlog will not translate into cash flow quickly unless deliveries accelerate. Boeing Faces a Debt Wall

Boeing Price Performance

Boeing stock opened at $190.47 on Friday. The business has a 50 day simple moving average of $209.70 and a 200 day simple moving average of $215.86. 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 capitalization of $150.54 billion, a PE ratio of 82.45 and a beta of 1.26. The Boeing Company has a one year low of $176.77 and a one year high of $254.35.

Boeing (NYSE:BA - Get Free Report) last released 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). 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 in the prior year, the company earned ($1.24) earnings per share. The business's revenue was up 8.0% compared to the same quarter last year. On average, sell-side analysts forecast that The Boeing Company will post -0.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on BA shares. Bank of America restated a "buy" rating and set a $270.00 target price on shares of Boeing in a research note on Friday, September 18th. TD Cowen reduced their price objective on Boeing from $250.00 to $240.00 and set a "buy" rating for the company in a research report on Friday. BNP Paribas Exane upgraded shares of Boeing from an "underperform" rating to an "outperform" rating and raised their price objective for the stock from $230.00 to $300.00 in a research note on Monday, August 3rd. Btg Pactual set a $260.00 target price on shares of Boeing in a research report on Tuesday, July 14th. Finally, Rothschild & Co Redburn boosted their price objective on shares of Boeing from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Boeing currently has an average rating of "Moderate Buy" and an average target price of $269.96.

About Boeing

The Boeing Company NYSE: BA is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.

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