The Boeing Company $BA Stock Acquired by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Boeing stake by 16.4% in the third quarter, bringing its holdings to 57,929 shares valued at approximately $10.8 million. Institutional investors collectively own 64.82% of Boeing.
• Boeing’s outlook is supported by strong demand, including Avolon’s order for 140 737 MAX jets and a backlog of roughly $715 billion. Potential future orders and defense opportunities provide additional long-term revenue visibility.
• Despite a “Moderate Buy” consensus and $269.96 average analyst price target, Boeing faces significant risks from high leverage, upcoming debt repayments, production delays and weak profitability. The company also missed quarterly EPS estimates, while TD Cowen lowered its price target to $240 but retained a Buy rating.

Farther Finance Advisors LLC increased its holdings in shares of The Boeing Company (NYSE:BA - Free Report) by 16.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,929 shares of the aircraft producer's stock after acquiring an additional 8,170 shares during the period. Farther Finance Advisors LLC's holdings in Boeing were worth $10,778,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Highland Investment Advisors LLC acquired a new position in Boeing during the second quarter worth about $26,000. 1 North Wealth Services LLC purchased a new stake in Boeing during the fourth quarter worth $27,000. Wealth Preservation Advisors LLC grew its holdings in Boeing by 66.7% in the fourth quarter. Wealth Preservation Advisors LLC now owns 125 shares of the aircraft producer's stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Strategic Wealth Advisors LLC acquired a new stake in Boeing in the second quarter valued at $27,000. Finally, Retirement Wealth Solutions LLC increased its position in shares of Boeing by 3,575.0% in the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer's stock valued at $27,000 after buying an additional 143 shares in the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Boeing

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

BA stock opened at $190.47 on Friday. The company has a market cap of $150.54 billion, a PE ratio of 82.45 and a beta of 1.26. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77. The stock has a 50-day moving average price of $209.70 and a two-hundred day moving average price of $215.86. 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 released its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.42). The firm had revenue of $24.56 billion during 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 business's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the business earned ($1.24) earnings per share. As a group, research analysts predict that The Boeing Company will post -0.91 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on BA shares. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Boeing in a research note on Wednesday, September 30th. The Goldman Sachs Group cut shares of Boeing from a "buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Argus upgraded shares of Boeing from a "hold" rating to a "buy" rating and set a $265.00 price target on the stock in a research report on Tuesday, August 11th. Barclays began coverage on shares of Boeing in a research note on Thursday. They set an "overweight" rating and a $300.00 price objective for the company. Finally, BNP Paribas Exane upgraded Boeing from an "underperform" rating to an "outperform" rating and increased their target price for the company from $230.00 to $300.00 in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus 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.

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.