Portfolio Design Labs LLC purchased a new stake in The Boeing Company (NYSE:BA – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,271 shares of the aircraft producer’s stock, valued at approximately $2,223,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC bought a new stake in Boeing during the 3rd quarter worth about $25,000. Strive Financial Group LLC acquired a new position in shares of Boeing during the fourth quarter worth approximately $25,000. CrossGen Wealth LLC bought a new stake in shares of Boeing during the fourth quarter valued at approximately $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing in the fourth quarter valued at approximately $26,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Boeing in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 64.82% of the company’s stock.
Trending Headlines about Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: The U.S. State Department approved a potential $4.5 billion sale of KC-46A aerial refueling tankers to Qatar. The deal would support Boeing’s defense backlog and international sales, although it remains subject to final agreements and congressional review. US approves potential $4.5B sale of Boeing KC-46A tankers to Qatar
- Positive Sentiment: Boeing is progressing repairs and interior work on the next Air Force One aircraft, and it recently received a contract worth roughly $75 million for Air Force One parts. These developments provide defense and government-services revenue, though schedule pressure remains. Boeing advances Air Force One repairs
- Neutral Sentiment: Boeing’s partnership with Archer Aviation involves transferring Boeing-owned businesses—including Wisk Aero, Insitu and SkyGrid—in exchange for a strategic equity stake in Archer. The transaction could monetize noncore assets and preserve exposure to future aviation technology, but its near-term financial effect on BA is unclear. Archer Aviation bets big on becoming more than an air taxi company
- Negative Sentiment: The largest near-term overhang is uncertainty surrounding a contract vote by approximately 17,000 SPEEA engineers and technical workers. Rejection could lead to strike authorization after contracts expire on October 6, potentially disrupting Boeing’s recovery, certification work and production ramp. Boeing slides as labor vote uncertainty appears to outweigh recent operational progress
- Negative Sentiment: Air Force One repair work faces potential schedule threats related to windows and interior installation, reinforcing investor concerns about Boeing’s ability to execute complex programs on time and control costs.
- Negative Sentiment: Boeing’s $1.5 billion private bond financing for United Launch Alliance highlights continued capital needs and leverage concerns. With elevated debt and historically weak profitability, additional borrowing may weigh on sentiment despite supporting liquidity. A $1.5 Billion Deal: Why Boeing and Lockheed Stocks Are in Focus
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on Boeing
Boeing Trading Down 3.1%
NYSE:BA opened at $215.22 on Friday. 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 firm has a market capitalization of $170.10 billion, a price-to-earnings ratio of 93.17 and a beta of 1.21. The business’s 50-day moving average price is $222.21 and its two-hundred day moving average price is $222.31.
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings results 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). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same period last year, the firm earned ($1.24) EPS. Boeing’s quarterly revenue was up 8.0% on a year-over-year basis. On average, equities analysts expect that The Boeing Company will post -0.87 earnings per share 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.
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