RFG Advisory LLC Grows Stock Holdings in The Boeing Company $BA

RFG Advisory LLC boosted its stake in The Boeing Company (NYSE:BA) by 64.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,082 shares of the aircraft producer’s stock after acquiring an additional 3,155 shares during the period. RFG Advisory LLC’s holdings in Boeing were worth $1,609,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC purchased a new position in shares of Boeing in the 4th quarter valued at approximately $201,000. Sivia Capital Partners LLC raised its stake in shares of Boeing by 16.5% during the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares during the last quarter. AXA S.A. lifted its holdings in shares of Boeing by 1,225.7% during the second quarter. AXA S.A. now owns 34,655 shares of the aircraft producer’s stock worth $7,261,000 after purchasing an additional 32,041 shares during the period. Ieq Capital LLC grew its position in Boeing by 243.8% in the 2nd quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer’s stock valued at $7,016,000 after buying an additional 23,746 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Boeing by 4.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer’s stock valued at $279,608,000 after buying an additional 53,736 shares during the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing won a new Space Force/MUOS defense contract worth up to $2 billion, adding to its government and space backlog and providing a longer-term revenue stream. Article Title
• Positive Sentiment: The EU extended its suspension of retaliatory tariffs in the Boeing-Airbus dispute, reducing the risk of fresh trade pressure on Boeing’s commercial airplane business. Article Title
• Positive Sentiment: Boeing also announced a new cybersecurity-focused SkyGuard service partnership with CYVIATION, a small but constructive sign of product expansion in aviation services. Article Title
• Neutral Sentiment: Comments from Boeing leadership about ongoing ETOPS testing and the 777X suggest there is still “a lot of work to do,” reinforcing that certification and execution risks remain. Article Title
• Negative Sentiment: A Boeing 777 freighter’s extremely low flyover in Texas drew criticism from pilots, creating another headline that could remind investors of operational and safety scrutiny around the brand. Article Title

Insider Activity at Boeing

In related news, Director Bradley D. Tilden acquired 1,370 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $218.50 per share, with a total value of $299,345.00. Following the completion of the acquisition, the director owned 1,370 shares in the company, valued at approximately $299,345. This represents a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by company insiders.

Boeing Price Performance

Boeing stock opened at $217.31 on Friday. The Boeing Company has a one year low of $176.77 and a one year high of $254.35. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18. The business has a fifty day moving average of $223.94 and a two-hundred day moving average of $223.48. The company has a market cap of $171.30 billion, a P/E ratio of 105.49 and a beta of 1.19.

Boeing (NYSE:BA) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to analysts’ expectations of $22.15 billion. Boeing’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.49) earnings per share. As a group, analysts predict that The Boeing Company will post -0.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

BA has been the topic of several recent research reports. Weiss Ratings cut shares of Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Citigroup lifted their target price on shares of Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. Tigress Financial boosted their price target on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Morgan Stanley increased their price target on shares of Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Finally, Wells Fargo & Company started coverage on shares of Boeing in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.61.

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.