Arizona State Retirement System Has $44.84 Million Stock Holdings in The Boeing Company $BA

Arizona State Retirement System trimmed its holdings in shares of The Boeing Company (NYSE:BA) by 3.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 207,154 shares of the aircraft producer’s stock after selling 7,431 shares during the quarter. Arizona State Retirement System’s holdings in Boeing were worth $44,843,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Princeton Capital Management LLC boosted its stake in shares of Boeing by 78.3% in the 4th quarter. Princeton Capital Management LLC now owns 12,249 shares of the aircraft producer’s stock valued at $2,660,000 after purchasing an additional 5,381 shares during the last quarter. Rakuten Investment Management Inc. boosted its position in Boeing by 502.3% during the fourth quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock valued at $22,398,000 after acquiring an additional 85,982 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in Boeing during the 1st quarter worth about $7,961,000. Patriot Financial Group Insurance Agency LLC raised its position in shares of Boeing by 103.8% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,240 shares of the aircraft producer’s stock worth $2,237,000 after acquiring an additional 5,726 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in shares of Boeing by 47.5% in the 4th quarter. Deutsche Bank AG now owns 2,376,243 shares of the aircraft producer’s stock valued at $515,930,000 after purchasing an additional 765,197 shares during the period. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Royal Bank Of Canada decreased their target price on Boeing from $275.00 to $265.00 and set an “outperform” rating for the company in a research note on Wednesday, July 29th. UBS Group began coverage on shares of Boeing in a research note on Tuesday, August 11th. They issued a “buy” rating for the company. Btg Pactual set a $260.00 target price on shares of Boeing in a research report on Tuesday, July 14th. Tigress Financial raised their price target on shares of Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research note on Tuesday, August 11th. One 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Boeing presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing reported that free cash flow has turned positive, an important milestone in its turnaround. Investors will now focus on whether the company can sustain cash generation, improve production efficiency, and avoid further losses in its commercial-aircraft and defense businesses. Boeing’s Free Cash Flow Turned Positive
• Positive Sentiment: Boeing won an $880 million U.S. Navy contract, reinforcing the defense segment’s value and providing additional backlog visibility. Reports that President Trump bought BA shares on the same day add publicity, although they also raise questions about potential conflicts of interest. Boeing Navy Contract and Stock Purchase
• Neutral Sentiment: A fatal accident involving an Amazon cargo aircraft operated by 21 Air has renewed attention on Boeing 767 freighters. The aircraft was a 1994-built 767 converted to cargo use in 2015; investigators are still determining the cause, so the direct implications for Boeing remain unclear. Boeing Jet That Overshot a Miami Runway
• Negative Sentiment: Boeing delivered 51 commercial jets in August, below 57 a year earlier and slightly below the prior month. The decline was driven by fewer 787 Dreamliner handovers, highlighting continued execution and delivery challenges at a time when investors need consistent production recovery and cash flow. Boeing August Deliveries Dip
• Negative Sentiment: Additional reports of a British Airways 787 emergency slide inflating onto a catering truck may add to investor sensitivity around Boeing’s aircraft quality and operational reliability, even though the incident appears isolated and no broader financial impact was reported. British Airways Boeing 787 Incident

Boeing Stock Down 0.7%

Boeing stock traded down $1.45 during mid-day trading on Tuesday, reaching $210.80. The stock had a trading volume of 4,366,216 shares, compared to its average volume of 6,625,970. The firm has a market capitalization of $166.61 billion, a PE ratio of 91.26 and a beta of 1.21. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The stock’s 50-day simple moving average is $219.58 and its 200-day simple moving average is $219.85. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14.

Boeing (NYSE:BA) last issued its 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). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The firm had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. During the same period in the previous year, the company earned ($1.24) earnings per share. Boeing’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, sell-side analysts forecast that The Boeing Company will post -0.87 EPS for the current fiscal year.

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.