The Boeing Company $BA Stock Holdings Decreased by One Wealth Capital Management LLC

One Wealth Capital Management LLC lessened its position in shares of The Boeing Company (NYSE:BA) by 90.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,349 shares of the aircraft producer’s stock after selling 12,550 shares during the period. One Wealth Capital Management LLC’s holdings in Boeing were worth $251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BA. Highland Investment Advisors LLC acquired a new stake in Boeing in the 2nd quarter valued at about $26,000. Strategic Wealth Advisors LLC purchased a new position in Boeing during the 2nd quarter valued at about $27,000. Bell Investment Advisors Inc acquired a new position in Boeing during the second quarter worth about $29,000. Security National Bank of SO Dak acquired a new position in Boeing during the second quarter worth about $30,000. Finally, Retirement Wealth Solutions LLC raised its position in Boeing by 3,575.0% during the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock worth $27,000 after acquiring an additional 143 shares during the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on BA shares. Argus raised shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 price target on the stock in a report on Tuesday, August 11th. Royal Bank Of Canada dropped their price objective on shares of Boeing from $265.00 to $235.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Boeing in a research note on Sunday, September 27th. Morgan Stanley cut their price objective on Boeing from $250.00 to $225.00 and set an “equal weight” rating for the company in a research report on Friday, October 16th. Finally, The Goldman Sachs Group lowered Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $266.96.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The FAA has granted final certification for Boeing’s long-delayed 737 MAX 10, removing a significant hurdle for deliveries and allowing the aircraft to compete more directly with Airbus’ A321neo. The approval could support Boeing’s backlog, revenue, cash flow, and long-term competitiveness. Boeing wins FAA certification for 737 MAX 10
• Positive Sentiment: Analysts and investors expect the MAX 10 approval, rising aircraft deliveries, and stronger commercial-services demand to improve earnings and support Boeing’s turnaround. A production recovery could also improve margins across the aerospace supply chain. Great News for Boeing Investors
• Positive Sentiment: GA-ASI, a General Atomics business, is partnering with Spirit Defense, a Boeing company, to support airframe production for the FQ-42 Vengeance Collaborative Combat Aircraft. The relationship highlights potential defense-manufacturing activity for Boeing-affiliated operations, although the financial impact was not disclosed. GA-ASI Partnering With Spirit Defense For FQ-42 CCA Production
• Neutral Sentiment: Boeing is scheduled to report third-quarter results before the market opens on October 27. Investors will focus on deliveries, free cash flow, MAX production, services demand, and management’s guidance for the recovery. Boeing Stock Preps the Runway Ahead of Earnings
• Negative Sentiment: Despite the certification win, investors remain concerned about Boeing’s high debt burden, weak liquidity metrics, supply-chain delays, negative returns on invested capital, and the company’s ability to convert production growth into sustainable cash flow. What’s Going on With Boeing Shares on Friday?

Boeing Stock Up 0.4%

BA opened at $188.36 on Friday. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The firm has a market cap of $148.87 billion, a P/E ratio of 81.54 and a beta of 1.26. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The business’s fifty day simple moving average is $200.75 and its 200 day simple moving average is $215.14.

Boeing (NYSE:BA) last posted its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $24.26 billion. During the same quarter in the prior year, the business posted ($1.24) EPS. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, equities research analysts anticipate that The Boeing Company will post -1.08 EPS for the current fiscal year.

Boeing 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.