The Boeing Company $BA Stock Holdings Increased by Armstrong Advisory Group Inc.

Key Points

• Armstrong Advisory Group increased its Boeing holdings by 891.2% in the third quarter, adding 7,397 shares to own 8,227 shares valued at approximately $1.53 million.
• Other institutional investors also expanded their positions, including Sound Income Strategies, which added more than 1.27 million shares. Institutional investors now own approximately 64.82% of Boeing’s stock.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $269.96 price target, but Boeing faces significant risks from high leverage, debt repayments, production delays and a recent quarterly EPS miss.

Armstrong Advisory Group Inc. increased its holdings in shares of The Boeing Company (NYSE:BA - Free Report) by 891.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,227 shares of the aircraft producer's stock after buying an additional 7,397 shares during the quarter. Armstrong Advisory Group Inc.'s holdings in Boeing were worth $1,531,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Marquette Asset Management LLC boosted its holdings in Boeing by 1,049.3% during the third quarter. Marquette Asset Management LLC now owns 770 shares of the aircraft producer's stock worth $143,000 after purchasing an additional 703 shares during the last quarter. Capital Planning LLC boosted its stake in shares of Boeing by 1.7% during the 3rd quarter. Capital Planning LLC now owns 35,689 shares of the aircraft producer's stock worth $6,640,000 after buying an additional 583 shares during the last quarter. Mirador Capital Partners LP bought a new position in shares of Boeing in the 3rd quarter valued at about $3,367,000. Sound Income Strategies LLC grew its holdings in shares of Boeing by 24,347.8% in the 3rd quarter. Sound Income Strategies LLC now owns 1,284,975 shares of the aircraft producer's stock valued at $239,070,000 after acquiring an additional 1,279,719 shares in the last quarter. Finally, GK Wealth Management LLC increased its position in shares of Boeing by 104.8% in the third quarter. GK Wealth Management LLC now owns 8,708 shares of the aircraft producer's stock valued at $1,620,000 after acquiring an additional 4,457 shares during the last quarter. 64.82% of the stock is currently owned by 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

Wall Street Analysts Forecast Growth

BA has been the subject of a number of analyst reports. Bank of America restated a "buy" rating and issued a $270.00 price target on shares of Boeing in a research note on Friday, September 18th. The Goldman Sachs Group downgraded Boeing from a "buy" rating to a "hold" rating in a report on Tuesday, August 11th. Tigress Financial raised their target price on shares of Boeing from $295.00 to $305.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Cantor Fitzgerald downgraded shares of Boeing to a "neutral" rating in a report on Tuesday, August 11th. Finally, BNP Paribas Exane upgraded shares of Boeing from an "underperform" rating to an "outperform" rating and increased their price target for the company from $230.00 to $300.00 in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, Boeing currently has an average rating of "Moderate Buy" and a consensus price target of $269.96.

Boeing Price Performance

NYSE:BA opened at $190.47 on Friday. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The firm has a market cap of $150.54 billion, a price-to-earnings ratio of 82.45 and a beta of 1.26. The firm's 50-day simple moving average is $209.70 and its 200 day simple moving average is $215.86. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) 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 the consensus estimate of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($1.24) EPS. As a group, sell-side analysts predict that The Boeing Company will post -0.91 earnings per share for the current year.

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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