Perennial Investment Advisors LLC Invests $948,000 in The Boeing Company $BA

Perennial Investment Advisors LLC purchased a new stake in The Boeing Company (NYSE:BA) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,383 shares of the aircraft producer’s stock, valued at approximately $948,000.

Several other institutional investors have also recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC bought a new stake in shares of Boeing during the third quarter worth $25,000. Strive Financial Group LLC bought a new position in Boeing in the fourth quarter valued at about $25,000. CrossGen Wealth LLC bought a new position in Boeing in the fourth quarter valued at about $26,000. Ares Financial Consulting LLC acquired a new stake in Boeing in the fourth quarter worth about $26,000. Finally, 1 North Wealth Services LLC bought a new stake in Boeing during the 4th quarter worth about $27,000. Institutional investors own 64.82% of the company’s stock.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Bernstein initiated or reiterated a Buy view on Boeing, providing support for the stock despite recent operational concerns. Boeing Gets a Buy from Bernstein
• Positive Sentiment: Boeing and RTX won approximately $766 million in U.S. Air Force contracts tied to B-52 modernization. The award reinforces Boeing’s defense exposure and provides incremental backlog and revenue visibility. Boeing and RTX Win B-52 Modernization Contracts
• Positive Sentiment: The market continues to focus on Boeing’s potential $131.23 billion F-15 Eagle contract ceiling, which could support defense revenue through 2037 and include modernization, sustainment, and foreign military sales. However, the indefinite-delivery/indefinite-quantity award is a maximum authorization—not guaranteed revenue—and only about $344,000 was initially funded. F-15 Eagle Contract Announcement
• Positive Sentiment: Some valuation analysis argues Boeing may be undervalued after a roughly 10% annual decline, citing long-term defense contracts and technology partnerships as potential cash-flow catalysts. Execution remains the key risk. Boeing Stock Could Be Undervalued

Boeing Price Performance

Shares of BA opened at $212.48 on Thursday. 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 stock has a market cap of $167.94 billion, a P/E ratio of 91.98 and a beta of 1.21. The stock’s 50-day moving average price is $221.15 and its two-hundred day moving average price is $221.68.

Boeing (NYSE:BA) last announced 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). The company had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business’s revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company earned ($1.24) earnings per share. On average, equities analysts predict that The Boeing Company will post -0.87 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on BA. William Blair restated an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. Robert W. Baird set a $300.00 price target on shares of Boeing in a research note on Wednesday, July 29th. Barclays lowered shares of Boeing from an “equal weight” rating to an “underweight” rating in a report on Tuesday, August 11th. The Goldman Sachs Group cut shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Btg Pactual set a $260.00 target price on shares of Boeing in a report on Tuesday, July 14th. 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $272.58.

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.