Wealthfront Advisers LLC Makes New Investment in The Boeing Company $BA

Key Points

• Wealthfront Advisers purchased 80,197 Boeing shares in the second quarter, valued at approximately $17.36 million. Institutional investors collectively own 64.82% of Boeing’s outstanding stock.
• Boeing’s shares were trading near $222.91, while the company’s latest quarter showed 8% year-over-year revenue growth to $24.56 billion but an EPS loss of $0.76, missing analyst expectations.
• Analyst sentiment remains moderately bullish, with a consensus “Moderate Buy” rating and a $272.58 target price, though safety concerns, Apache helicopter grounding, high debt and ongoing execution challenges remain risks.

Wealthfront Advisers LLC bought a new stake in shares of The Boeing Company (NYSE:BA - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 80,197 shares of the aircraft producer's stock, valued at approximately $17,360,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Measured Wealth Private Client Group LLC purchased a new stake in shares of Boeing during the third quarter worth $25,000. Strive Financial Group LLC purchased a new position in Boeing in the fourth quarter valued at about $25,000. Ares Financial Consulting LLC acquired a new position in Boeing in the 4th quarter worth about $26,000. CrossGen Wealth LLC purchased a new stake in shares of Boeing during the 4th quarter worth about $26,000. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Boeing during the 4th quarter valued at about $27,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Boeing Price Performance

Shares of Boeing stock opened at $222.91 on Wednesday. The firm has a fifty day simple moving average of $222.08 and a 200-day simple moving average of $222.53. 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 1-year low of $176.77 and a 1-year high of $254.35. The stock has a market capitalization of $176.18 billion, a price-to-earnings ratio of 96.50 and a beta of 1.21.

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 the consensus estimate 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 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 company posted ($1.24) earnings per share. On average, sell-side analysts expect that The Boeing Company will post -0.87 earnings per share for the current year.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing received a $75 million U.S. Air Force contract for Air Force One spare parts. Although modest relative to Boeing’s overall business, the award supports its defense and government-services backlog. Air Force One parts contract
• Positive Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly completed a $1.5 billion private bond offering—triple its original target. The financing could support ULA’s launch operations and growth, though the debt is at the venture level rather than a direct Boeing contract. Boeing-Lockheed ULA bond offering
• Neutral Sentiment: Boeing appointed Celso Ferrer to lead its Latin America and Caribbean operations. His regional airline and safety experience could help rebuild customer relationships and expand commercial opportunities, but the financial impact is likely longer term. Boeing Latin America leadership appointment
• Negative Sentiment: The U.S. Army temporarily grounded Apache helicopters after a fatal crash near Fort Hood that killed two service members. Boeing manufactures the Apache, and the stand-down increases concerns about program reliability, potential investigations and delivery delays. Apache helicopter grounding
• Negative Sentiment: A new Netflix documentary revisits the 737 MAX tragedies and alleges that a profits-over-quality culture contributed to Boeing’s safety failures. Renewed scrutiny of whistleblower claims may weigh on the company’s reputation, regulatory risk and future aircraft demand. Freefall documentary review
• Negative Sentiment: Recent second-quarter results showed revenue growth of 8% year over year to $24.56 billion, but Boeing missed the consensus EPS estimate. With a high P/E ratio, substantial debt and continued execution challenges, investors remain sensitive to further setbacks. Boeing second-quarter earnings comparison

Analyst Ratings Changes

Several brokerages recently weighed in on BA. Sanford C. Bernstein started coverage on shares of Boeing in a research report on Tuesday, August 11th. They set an "outperform" rating on the stock. Btg Pactual set a $260.00 target price on shares of Boeing in a research report on Tuesday, July 14th. Cantor Fitzgerald lowered shares of Boeing to a "neutral" rating in a research note on Tuesday, August 11th. Barclays lowered shares of Boeing from an "equal weight" rating to an "underweight" rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Boeing from $270.00 to $290.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $272.58.

About Boeing

Boeing Company NYSE: BA is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing's principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

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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