Free Trial

The Boeing Company $BA Stock Acquired by State of Alaska Department of Revenue

Boeing logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • Alaska increased its Boeing position by 807.9%: The State of Alaska Department of Revenue acquired 646,674 additional shares, bringing its total to 726,714 shares valued at approximately $135.2 million.
  • Institutional ownership remains substantial: Hedge funds and other institutional investors hold 64.82% of Boeing’s shares, while several smaller investment firms also increased their positions.
  • Analysts remain cautiously optimistic despite financial pressures: Boeing recently missed quarterly EPS estimates, but its improving aircraft deliveries, large order backlog and defense prospects support a “Moderate Buy” consensus with an average price target of $267.96.
  • MarketBeat previews top five stocks to own in November.

State of Alaska Department of Revenue grew its position in The Boeing Company (NYSE:BA - Free Report) by 807.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 726,714 shares of the aircraft producer's stock after acquiring an additional 646,674 shares during the period. Boeing comprises approximately 1.3% of State of Alaska Department of Revenue's investment portfolio, making the stock its 13th biggest position. State of Alaska Department of Revenue owned approximately 0.09% of Boeing worth $135,205,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. B.O.S.S. Retirement Advisors LLC boosted its holdings in Boeing by 1.4% in the first 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 during the last quarter. Horizon Bancorp Inc. IN lifted its stake in shares of Boeing by 3.1% in the 1st quarter. Horizon Bancorp Inc. IN now owns 1,493 shares of the aircraft producer's stock valued at $297,000 after purchasing an additional 45 shares during the period. Meadowbrook Advisors Group LLC lifted its stake in shares of Boeing by 2.5% in the 1st quarter. Meadowbrook Advisors Group LLC now owns 1,955 shares of the aircraft producer's stock valued at $389,000 after purchasing an additional 47 shares during the period. Howe & Rusling Inc. boosted its holdings in Boeing by 2.5% during the first quarter. Howe & Rusling Inc. now owns 2,024 shares of the aircraft producer's stock worth $403,000 after buying an additional 49 shares in the last quarter. Finally, Paul R. Ried Financial Group LLC boosted its holdings in Boeing by 0.3% during the first quarter. Paul R. Ried Financial Group LLC now owns 18,060 shares of the aircraft producer's stock worth $3,594,000 after buying an additional 49 shares in the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing Stock Performance

BA stock traded up $2.20 during trading on Thursday, reaching $186.86. 2,691,507 shares of the company's stock were exchanged, compared to its average volume of 6,803,415. The firm has a market cap of $147.69 billion, a PE ratio of 80.92 and a beta of 1.26. 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 company's fifty day moving average price is $206.69 and its 200-day moving average price is $215.77. The Boeing Company has a 1-year low of $176.77 and a 1-year high of $254.35.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings results 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 net margin of 2.41% and a negative return on equity of 346.82%. The firm had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. During the same quarter last year, the business posted ($1.24) earnings per share. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. On average, research analysts expect that The Boeing Company will post -0.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BA has been the subject of a number of research analyst reports. BNP Paribas Exane upgraded shares of Boeing from an "underperform" rating to an "outperform" rating and upped their price objective for the stock from $230.00 to $300.00 in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Boeing from $244.00 to $248.00 and gave the stock a "hold" rating in a research note on Wednesday, July 29th. Rothschild & Co Redburn increased their price target on shares of Boeing from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. William Blair reissued an "outperform" rating on shares of Boeing in a report on Wednesday, September 30th. Finally, The Goldman Sachs Group downgraded Boeing from a "buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $267.96.

Get Our Latest Stock Report on Boeing

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Improving deliveries: Boeing delivered 161 commercial aircraft in the third quarter, including 124 737s, while September’s 57-jet total was the company’s highest monthly figure of 2026. Rising deliveries could improve revenue and cash flow and signal progress in stabilizing production. What's Going On With Boeing Stock Wednesday?
  • Positive Sentiment: Defense and backlog support: Reports highlight Boeing’s approximately $715 billion order book, improving commercial activity and the U.S. Navy’s selection of Boeing for the F/A-XX carrier-based fighter. A new military deal with Israel also adds to confidence in the defense business. A $715B Order Book and Fighter Jet Wins: Time to Buy Boeing
  • Positive Sentiment: Analyst support: RBC retained an “outperform” rating and reduced its price target to $235 from $265, still implying roughly 25% upside. Barclays also began coverage with an “overweight” rating, reinforcing the view that Boeing’s recovery potential is not fully reflected in the shares.
  • Positive Sentiment: Boardroom expertise: Boeing’s board now includes more directors with deep aviation experience, which could improve strategic oversight and help position the company for next-generation aircraft programs. Boeing's Secret Weapon Isn't on the Factory Floor

Boeing Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Boeing Company (NYSE:BA - Free Report).

Institutional Ownership by Quarter for Boeing (NYSE:BA)

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.

Should You Invest $1,000 in Boeing Right Now?

Before you consider Boeing, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boeing wasn't on the list.

While Boeing currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Best Space Stocks to Own in 2026 Cover

The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines