The Boeing Company $BA Stock: Americana Partners LLC Cuts Holdings

Key Points

• Americana Partners cut its Boeing holdings by 24% in the third quarter, selling 39,417 shares and retaining 125,023 shares worth approximately $23.3 million. Institutional investors collectively own 64.82% of Boeing.
• Boeing reported a quarterly loss of $0.34 per share, missing the $0.25 consensus loss estimate, although revenue rose 3.9% year over year to $24.19 billion and exceeded expectations.
• Boeing shares opened at $171.41, near their 52-week low, amid concerns over leverage, delayed cash-flow recovery and cautious analyst actions. The stock nevertheless carries a consensus “Moderate Buy” rating with an average price target of $246.92.

Americana Partners LLC lessened its holdings in shares of The Boeing Company (NYSE:BA - Free Report) by 24.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 125,023 shares of the aircraft producer's stock after selling 39,417 shares during the quarter. Americana Partners LLC's holdings in Boeing were worth $23,261,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Jupiter Topco LLC acquired a new stake in Boeing in the 2nd quarter worth about $911,878,000. Bank of New York Mellon Corp purchased a new stake in Boeing in the 2nd quarter valued at about $747,763,000. Legal & General Group Plc purchased a new stake in Boeing in the 2nd quarter valued at about $710,816,000. Deutsche Bank AG acquired a new position in shares of Boeing during the 2nd quarter valued at about $539,456,000. Finally, Swiss National Bank increased its stake in shares of Boeing by 7.6% during the 1st quarter. Swiss National Bank now owns 2,298,077 shares of the aircraft producer's stock valued at $457,386,000 after acquiring an additional 163,000 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company's stock.

Boeing Trading Down 0.7%

BA opened at $171.41 on Friday. The firm's 50 day moving average is $196.12 and its 200-day moving average is $217.21. The Boeing Company has a 52-week low of $165.01 and a 52-week high of $254.35. The company has a quick ratio of 0.33, a current ratio of 1.13 and a debt-to-equity ratio of 6.31. The firm has a market capitalization of $135.83 billion, a P/E ratio of 18.65 and a beta of 1.26.

Boeing (NYSE:BA - Get Free Report) last announced its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.09). The firm had revenue of $24.19 billion during the quarter, compared to analysts' expectations of $23.95 billion. Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. Boeing's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the company posted ($7.47) earnings per share. Analysts expect that The Boeing Company will post -1.48 EPS for the current fiscal year.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
• Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
• Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
• Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
• Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
• Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
• Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
• Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation

Analyst Upgrades and Downgrades

BA has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Boeing from $244.00 to $248.00 and gave the stock a "hold" rating in a research report on Wednesday, July 29th. The Goldman Sachs Group restated a "buy" rating and set a $238.00 price objective on shares of Boeing in a report on Wednesday. Rothschild & Co Redburn increased their target price on Boeing from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Jefferies Financial Group lowered Boeing from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, Glj Research began coverage on Boeing in a report on Wednesday. They issued a "buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $246.92.

Boeing Profile

The Boeing Company NYSE: BA is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world's major aerospace manufacturers.

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