Gables Capital Management Inc. Takes $2.55 Million Position in The Boeing Company $BA

Gables Capital Management Inc. bought a new position in The Boeing Company (NYSE:BA) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 11,788 shares of the aircraft producer’s stock, valued at approximately $2,552,000. Boeing accounts for 0.9% of Gables Capital Management Inc.’s portfolio, making the stock its 28th biggest position.

Several other institutional investors have also added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC purchased a new position in shares of Boeing in the third quarter worth about $25,000. Strive Financial Group LLC bought a new stake in Boeing during the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC bought a new position in Boeing in the fourth quarter worth $26,000. CrossGen Wealth LLC purchased a new position in Boeing during the 4th quarter valued at about $26,000. Finally, Strategic Wealth Advisors LLC bought a new stake in shares of Boeing in the 4th quarter worth approximately $27,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Morgan Stanley upped their price target on shares of Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Argus upgraded shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a research note on Tuesday, August 11th. The Goldman Sachs Group downgraded shares of Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Wolfe Research cut Boeing from an “outperform” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, Robert W. Baird set a $300.00 target price on Boeing in a research note on Wednesday, July 29th. One equities 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $272.58.

Boeing Stock Performance

Shares of NYSE BA opened at $222.91 on Wednesday. The Boeing Company has a 12-month low of $176.77 and a 12-month high of $254.35. The firm has a market capitalization of $176.18 billion, a price-to-earnings ratio of 96.50 and a beta of 1.21. 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 firm has a 50 day moving average of $222.08 and a 200 day moving average of $222.53.

Boeing (NYSE:BA) last issued its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS 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 company had revenue of $24.56 billion during the quarter, compared to analysts’ expectations of $24.26 billion. During the same quarter in the previous year, the company earned ($1.24) EPS. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, research analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing received a $75 million U.S. Air Force contract for Air Force One spare parts. Although modest relative to Boeing’s overall business, the award supports its defense and government-services backlog. Air Force One parts contract
• Positive Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly completed a $1.5 billion private bond offering—triple its original target. The financing could support ULA’s launch operations and growth, though the debt is at the venture level rather than a direct Boeing contract. Boeing-Lockheed ULA bond offering
• Neutral Sentiment: Boeing appointed Celso Ferrer to lead its Latin America and Caribbean operations. His regional airline and safety experience could help rebuild customer relationships and expand commercial opportunities, but the financial impact is likely longer term. Boeing Latin America leadership appointment
• Negative Sentiment: The U.S. Army temporarily grounded Apache helicopters after a fatal crash near Fort Hood that killed two service members. Boeing manufactures the Apache, and the stand-down increases concerns about program reliability, potential investigations and delivery delays. Apache helicopter grounding
• Negative Sentiment: A new Netflix documentary revisits the 737 MAX tragedies and alleges that a profits-over-quality culture contributed to Boeing’s safety failures. Renewed scrutiny of whistleblower claims may weigh on the company’s reputation, regulatory risk and future aircraft demand. Freefall documentary review
• Negative Sentiment: Recent second-quarter results showed revenue growth of 8% year over year to $24.56 billion, but Boeing missed the consensus EPS estimate. With a high P/E ratio, substantial debt and continued execution challenges, investors remain sensitive to further setbacks. Boeing second-quarter earnings comparison

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.