The Boeing Company $BA Stock: U S Global Investors Inc. Boosts Stake

U S Global Investors Inc. raised its stake in shares of The Boeing Company (NYSE:BA) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 79,260 shares of the aircraft producer’s stock after purchasing an additional 4,353 shares during the quarter. Boeing accounts for about 1.5% of U S Global Investors Inc.’s investment portfolio, making the stock its 21st biggest position. U S Global Investors Inc.’s holdings in Boeing were worth $14,746,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Highland Investment Advisors LLC acquired a new stake in Boeing during the second quarter worth about $26,000. Strategic Wealth Advisors LLC bought a new position in Boeing during the second quarter valued at about $27,000. Bell Investment Advisors Inc bought a new stake in shares of Boeing in the 2nd quarter worth approximately $29,000. Security National Bank of SO Dak bought a new stake in shares of Boeing in the 2nd quarter worth approximately $30,000. Finally, Retirement Wealth Solutions LLC lifted its position in shares of Boeing by 3,575.0% in 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 during the period. Institutional investors and hedge funds own 64.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on BA shares. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft upped their target price on Boeing from $244.00 to $248.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Btg Pactual set a $260.00 price target on shares of Boeing in a research note on Tuesday, July 14th. Robert W. Baird set a $300.00 price target on shares of Boeing and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group dropped their price objective on shares of Boeing from $295.00 to $265.00 and set a “buy” rating for the company in a research note on Monday, September 21st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Boeing currently has an average rating of “Moderate Buy” and a consensus target price of $266.96.

Boeing Stock Down 2.5%

Shares of NYSE:BA opened at $187.46 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 company’s 50-day moving average price is $201.61 and its two-hundred day moving average price is $215.33. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35. The firm has a market cap of $148.17 billion, a P/E ratio of 81.15 and a beta of 1.26.

Boeing (NYSE:BA) last announced its quarterly earnings data 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 during 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 firm’s quarterly 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. As a group, research analysts forecast that The Boeing Company will post -1.08 EPS for the current fiscal year.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The FAA granted final certification to the 737 MAX 10, clearing the way for deliveries of an aircraft with approximately 1,555 orders. The approval could help Boeing compete more effectively with Airbus’ A321neo and ease a key delivery bottleneck. Boeing 737 MAX 10 certification
• Positive Sentiment: Analysts said MAX 10 approval could support more stable production and deliveries as aircraft demand builds in 2027 and 2028, potentially improving Boeing’s cash flow and turnaround prospects. Boeing wins FAA certification
• Neutral Sentiment: Boeing is scheduled to report third-quarter results before the market opens on October 27. Analysts are focused on aircraft deliveries, services demand, production rates and other operating metrics, with some forecasts calling for double-digit earnings growth. Boeing earnings preview
• Negative Sentiment: Investors still face execution concerns ahead of earnings, including supply-chain delays, the need to ramp 737 MAX production and Boeing’s negative return on invested capital. These issues could limit the benefit of the MAX 10 certification if deliveries and profitability do not improve. Boeing stock before earnings
• Negative Sentiment: The certification news has not translated into sustained buying, likely because approval was widely expected. With Boeing trading at a high earnings multiple and carrying substantial leverage, investors may be demanding clearer evidence of improving cash generation before bidding the shares higher. Boeing receives FAA approval

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.