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The Boeing Company $BA Stock Holdings Lifted by Mather Group LLC.

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Key Points

  • Mather Group LLC increased its Boeing holdings by 347.3% in the third quarter, owning 23,183 shares valued at approximately $4.3 million. Institutional investors collectively own 64.82% of Boeing stock.
  • Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $267.96, although some firms downgraded the stock or lowered their targets.
  • Boeing’s outlook is supported by reduced strike risk, potential new airline orders and improving commercial deliveries, but high leverage, defense-budget uncertainty and ongoing execution risks remain concerns.
  • Interested in Boeing? Here are five stocks we like better.

Mather Group LLC. raised its holdings in The Boeing Company (NYSE:BA - Free Report) by 347.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,183 shares of the aircraft producer's stock after purchasing an additional 18,000 shares during the quarter. Mather Group LLC.'s holdings in Boeing were worth $4,313,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in BA. Jupiter Topco LLC acquired a new position in shares of Boeing during the second quarter worth $911,878,000. Janus Henderson Group PLC grew its position in shares of Boeing by 43.1% during the 4th quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer's stock worth $840,204,000 after buying an additional 1,176,074 shares during the period. Bank of New York Mellon Corp acquired a new stake in Boeing in the second quarter worth $747,763,000. Legal & General Group Plc acquired a new stake in shares of Boeing in the 2nd quarter valued at about $710,816,000. Finally, Deutsche Bank AG acquired a new stake in Boeing in the second quarter valued at approximately $539,456,000. 64.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Argus upgraded Boeing from a "hold" rating to a "buy" rating and set a $265.00 target price on the stock in a report on Tuesday, August 11th. UBS Group restated a "buy" rating on shares of Boeing in a research note on Tuesday, September 29th. TD Cowen cut their price target on Boeing from $250.00 to $240.00 and set a "buy" rating for the company in a research note on Friday, October 9th. Cantor Fitzgerald lowered Boeing to a "neutral" rating in a report on Tuesday, August 11th. Finally, Citigroup downgraded shares of Boeing from a "buy" rating to a "sell" rating in a report on Tuesday, August 11th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $267.96.

Check Out Our Latest Analysis on Boeing

Key Boeing News

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Strike risk was reduced. Boeing reached new contracts with its engineers, helping avert a potential labor strike and removing a near-term disruption risk for production and deliveries. Boeing Fell Back Below $200 Ahead of a Strike Deadline
  • Positive Sentiment: Possible airline orders provided support. Southwest is reportedly considering a Boeing purchase, while Cathay Pacific plans discussions with Boeing and Airbus about a potential wide-body order. These developments could strengthen Boeing’s backlog and future revenue outlook. Boeing Stock Gains as Southwest Considers Buy
  • Positive Sentiment: Commercial deliveries remain a key recovery indicator. Boeing delivered 161 commercial aircraft in the third quarter, including 124 737s, ahead of upcoming earnings. Continued delivery improvement could support cash flow and execution expectations. What’s Going On With Boeing Stock Wednesday?
  • Positive Sentiment: Analyst support remains. Barclays initiated coverage with an overweight rating, and RBC retained its outperform rating despite reducing its price target to $235. Barclays Initiates Coverage of Boeing
  • Neutral Sentiment: U.S. officials are meeting with Boeing and GE executives about aircraft-certification reform, which could eventually streamline approvals but has not yet produced a specific financial benefit. Aircraft Certification Reform Meeting
  • Negative Sentiment: Risk concerns remain prominent. RBC cited lingering defense-budget uncertainty in cutting its target, while another analysis assigned Boeing a 32/100 risk-reward score and a sell rating. Bearish chart signals and Boeing’s high leverage add to investor caution. Boeing Price Target Slashed by RBC

Boeing Stock Up 2.1%

Shares of Boeing stock opened at $188.51 on Friday. 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 Boeing Company has a one year low of $176.77 and a one year high of $254.35. The business's 50 day simple moving average is $205.82 and its two-hundred day simple moving average is $215.75.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings results 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 for 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 company's quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.24) earnings per share. Analysts anticipate that The Boeing Company will post -0.96 EPS for the current year.

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.

Read More

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.

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