Meeder Advisory Services Inc. bought a new stake in shares of The Boeing Company (NYSE:BA – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,364 shares of the aircraft producer’s stock, valued at approximately $2,676,000.
A number of other institutional investors also recently made changes to their positions in BA. Purus Wealth Management LLC increased its stake in shares of Boeing by 3.6% during the fourth quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer’s stock valued at $256,000 after acquiring an additional 41 shares during the period. XML Financial LLC increased its position in shares of Boeing by 0.5% during the 4th quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock valued at $1,933,000 after purchasing an additional 43 shares during the period. North Star Investment Management Corp. increased its position in shares of Boeing by 1.6% during the 4th quarter. North Star Investment Management Corp. now owns 2,833 shares of the aircraft producer’s stock valued at $615,000 after purchasing an additional 44 shares during the period. Strait & Sound Wealth Management LLC raised its stake in shares of Boeing by 1.1% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,915 shares of the aircraft producer’s stock worth $850,000 after buying an additional 44 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC lifted its holdings in shares of Boeing by 1.4% in the first quarter. B.O.S.S. Retirement Advisors LLC now owns 3,175 shares of the aircraft producer’s stock valued at $632,000 after buying an additional 44 shares during the period. 64.82% of the stock is owned by institutional investors and hedge funds.
Boeing News Roundup
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
Analyst Ratings Changes
Get Our Latest Research Report on BA
Boeing Stock Performance
Shares of BA opened at $222.91 on Wednesday. The company has a 50-day moving average of $222.08 and a two-hundred day moving average of $222.53. The stock has a market cap of $176.18 billion, a price-to-earnings ratio of 96.50 and a beta of 1.21. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33. The Boeing Company has a one year low of $176.77 and a one year high of $254.35.
Boeing (NYSE:BA – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $24.26 billion. During the same quarter in the prior year, the firm earned ($1.24) EPS. The firm’s revenue was up 8.0% compared to the same quarter last year. On average, equities research 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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