Mirador Capital Partners LP Acquires New Stake in The Boeing Company $BA

Mirador Capital Partners LP acquired a new stake in The Boeing Company (NYSE:BA) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 18,099 shares of the aircraft producer’s stock, valued at approximately $3,367,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jupiter Topco LLC bought a new position in Boeing in the second quarter valued at about $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 position in Boeing in the second quarter valued at approximately $747,763,000. Legal & General Group Plc acquired a new position in Boeing in the second quarter valued at approximately $710,816,000. Finally, Deutsche Bank AG bought a new position in Boeing in the second quarter valued at approximately $539,456,000. 64.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on the stock. Citigroup cut shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Tigress Financial lifted their price objective on Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Barclays started coverage on Boeing in a report on Thursday. They set an “overweight” rating and a $300.00 target price on the stock. William Blair reiterated an “outperform” rating on shares of Boeing in a research report on Wednesday, September 30th. Finally, Btg Pactual set a $260.00 price objective on shares of Boeing in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $269.96.

Boeing Stock Up 1.4%

BA stock opened at $190.47 on Friday. The stock has a market capitalization of $150.54 billion, a P/E ratio of 82.45 and a beta of 1.26. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The business has a 50-day moving average of $209.70 and a 200-day moving average of $215.86. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33.

Boeing (NYSE:BA) 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). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same quarter last year, the business earned ($1.24) earnings per share. Boeing’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, sell-side analysts anticipate that The Boeing Company will post -0.91 earnings per share for the current fiscal year.

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

Boeing Company 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.