Peak Financial Advisors LLC acquired a new stake in shares of The Boeing Company (NYSE:BA – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 15,150 shares of the aircraft producer’s stock, valued at approximately $2,819,000. Boeing makes up approximately 1.2% of Peak Financial Advisors LLC’s portfolio, making the stock its 26th largest holding.
Other hedge funds also recently bought and sold shares of the company. Jupiter Topco LLC purchased a new position in Boeing during the second quarter worth about $911,878,000. Bank of New York Mellon Corp acquired a new position in Boeing in the 2nd quarter valued at about $747,763,000. Legal & General Group Plc purchased a new stake in shares of Boeing in the 2nd quarter valued at approximately $710,816,000. Deutsche Bank AG purchased a new stake in shares of Boeing in the 2nd quarter valued at approximately $539,456,000. Finally, Swiss National Bank grew its stake in shares of Boeing by 7.6% in the 1st quarter. Swiss National Bank now owns 2,298,077 shares of the aircraft producer’s stock valued at $457,386,000 after buying an additional 163,000 shares during the period. 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: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
- Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
- Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
- Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
- Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
- Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
- Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
- Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation
Wall Street Analysts Forecast Growth
BA has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a research report on Monday, October 19th. Bank of America reiterated a “buy” rating and issued a $270.00 price objective on shares of Boeing in a research report on Friday, September 18th. Citigroup cut Boeing from a “buy” rating to a “sell” rating in a research note on Tuesday, August 11th. Zacks Research downgraded Boeing from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Finally, Piper Sandler lowered Boeing from an “overweight” rating to a “neutral” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $246.92.
View Our Latest Stock Report on BA
Boeing Price Performance
Boeing stock opened at $171.41 on Friday. The stock has a market cap of $135.83 billion, a P/E ratio of 18.65 and a beta of 1.26. The company has a fifty day simple moving average of $196.12 and a 200-day simple moving average of $217.21. The Boeing Company has a 12-month low of $165.01 and a 12-month high of $254.35. The company has a current ratio of 1.13, a quick ratio of 0.33 and a debt-to-equity ratio of 6.31.
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. The company had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter in the prior year, the business earned ($7.47) earnings per share. Boeing’s revenue was up 3.9% compared to the same quarter last year. Equities analysts expect that The Boeing Company will post -1.48 EPS for the current fiscal year.
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.
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