3,650 Shares in The Boeing Company $BA Bought by Hayek Kallen Investment Management

Hayek Kallen Investment Management bought a new position in The Boeing Company (NYSE:BA) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,650 shares of the aircraft producer’s stock, valued at approximately $790,000.

Other large investors have also recently bought and sold shares of the company. Newport Trust Company LLC raised its holdings in Boeing by 1.0% in the 4th quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock valued at $6,401,847,000 after buying an additional 286,848 shares during the last quarter. Geode Capital Management LLC grew its holdings in Boeing by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock worth $3,679,592,000 after acquiring an additional 533,753 shares during the last quarter. Fisher Asset Management LLC grew its holdings in Boeing by 2.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock worth $1,224,752,000 after acquiring an additional 135,860 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Boeing by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock valued at $948,905,000 after acquiring an additional 138,469 shares during the period. Finally, Jupiter Topco LLC acquired a new position in Boeing in the 2nd quarter valued at approximately $911,878,000. 64.82% of the stock is currently owned by institutional investors.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing’s $131B F-15 Win
• Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
• Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
• Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
• Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
• Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
• Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Wolfe Research downgraded shares of Boeing from an “outperform” rating to a “hold” rating in a research note on Tuesday, August 11th. William Blair restated an “outperform” rating on shares of Boeing in a report on Tuesday, July 28th. Tigress Financial raised their target price on Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Sanford C. Bernstein started coverage on Boeing in a report on Tuesday, August 11th. They set an “outperform” rating on the stock. Finally, Barclays lowered Boeing from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 11th. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $272.58.

Boeing Trading Down 1.1%

BA opened at $209.78 on Friday. The stock has a market cap of $165.81 billion, a PE ratio of 90.82 and a beta of 1.21. 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 twelve month low of $176.77 and a twelve month high of $254.35. The company has a fifty day moving average of $220.87 and a 200-day moving average of $221.44.

Boeing (NYSE:BA) last issued its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The business had revenue of $24.56 billion for 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%.The business’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.24) earnings per share. On average, sell-side analysts predict that The Boeing Company will post -0.87 EPS for the current year.

Boeing Company Profile

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.