The Boeing Company $BA Stock Position Boosted by Steph & Co.

Key Points

• Steph & Co. dramatically increased its Boeing stake by 14,392.1% in the third quarter, ending the period with 21,883 shares valued at approximately $4.1 million. Institutional investors collectively own 64.82% of Boeing.
• Boeing shares traded at $188.17, near the lower end of their 52-week range, while the company’s latest quarterly results missed earnings expectations despite 8% year-over-year revenue growth.
• Defense contracts, including a potential $14.7 billion PAC-3 seeker award and major fighter-program wins, could strengthen Boeing’s backlog, but investors remain concerned about negative EBITDA, heavy debt, commercial-aircraft execution and safety-related risks.

Steph & Co. increased its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 14,392.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 21,883 shares of the aircraft producer's stock after acquiring an additional 21,732 shares during the period. Boeing makes up approximately 1.0% of Steph & Co.'s holdings, making the stock its 19th largest holding. Steph & Co.'s holdings in Boeing were worth $4,071,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Highland Investment Advisors LLC acquired a new position in shares of Boeing in the 2nd quarter valued at approximately $26,000. 1 North Wealth Services LLC acquired a new stake in shares of Boeing during the fourth quarter worth approximately $27,000. Wealth Preservation Advisors LLC increased its stake in shares of Boeing by 66.7% in the fourth quarter. Wealth Preservation Advisors LLC now owns 125 shares of the aircraft producer's stock worth $27,000 after buying an additional 50 shares during the last quarter. Strategic Wealth Advisors LLC bought a new stake in shares of Boeing in the second quarter worth $27,000. Finally, Retirement Wealth Solutions LLC grew its holdings in Boeing by 3,575.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer's stock worth $27,000 after acquiring an additional 143 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company's stock.

Boeing Stock Performance

BA traded down $1.65 during trading on Wednesday, reaching $188.17. 6,372,827 shares of the company were exchanged, compared to its average volume of 6,843,057. The stock has a market cap of $148.73 billion, a P/E ratio of 81.46 and a beta of 1.26. The firm has a 50 day moving average of $210.89 and a 200 day moving average of $216.09. 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 Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35.

Boeing (NYSE:BA - Get Free Report) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The company had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.Boeing's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned ($1.24) earnings per share. On average, sell-side analysts forecast that The Boeing Company will post -0.91 EPS for the current fiscal year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Lockheed Martin awarded Boeing an approximately $14.7 billion, seven-year contract to expand production of PAC-3 Missile Segment Enhancement seekers. Production is expected to triple and the award could strengthen Boeing’s defense backlog and diversify revenue beyond commercial aircraft. However, some contract terms remain subject to finalization. Boeing nabs $14.7B PAC-3 MSE component contract from Lockheed Martin
• Positive Sentiment: Recent reports also highlighted Boeing’s wins in major U.S. fighter programs, including the Navy’s F/A-XX program and the Air Force’s F-47 program. These awards could provide long-duration growth for Boeing’s defense business, although development costs and execution risks remain important considerations. How Boeing won both major sixth-generation fighter programs
• Neutral Sentiment: Defense-focused investment commentary characterized Boeing’s new missile and fighter opportunities as part of a broader case for targeted defense exposure. The contracts improve visibility, but they do not immediately resolve Boeing’s commercial-aircraft production, profitability or balance-sheet challenges. Why Invest in Defense? The Case for Targeted Exposure
• Negative Sentiment: Investors remain concerned that Boeing has negative EBITDA despite reporting positive trailing net income, raising questions about recurring earnings quality and cash flow. The company also faces substantial debt maturities while Treasury yields are elevated, potentially increasing refinancing costs. Boeing has negative EBITDA and positive net income
• Negative Sentiment: Reports that Qatar’s Boeing 747 is already grounded, along with renewed coverage of serious 2026 aircraft incidents, reinforces concerns about reliability, safety scrutiny and potential reputational damage. Boeing stock slips as Qatar’s Boeing 747 is grounded
• Negative Sentiment: A law firm’s investigation on behalf of Boeing investors adds another source of headline and potential litigation risk, even though no finding of wrongdoing was announced. Pomerantz investor alert

Analysts Set New Price Targets

BA has been the topic of a number of recent analyst reports. Sanford C. Bernstein restated an "outperform" rating on shares of Boeing in a research note on Wednesday, September 30th. Citigroup downgraded Boeing from a "buy" rating to a "sell" rating in a research note on Tuesday, August 11th. Cantor Fitzgerald lowered Boeing to a "neutral" rating in a report on Tuesday, August 11th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Boeing in a research report on Tuesday, July 21st. Finally, BNP Paribas Exane upgraded Boeing from an "underperform" rating to an "outperform" rating and raised their price objective for the stock from $230.00 to $300.00 in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $270.95.

Boeing Profile

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.