one8zero8 LLC Invests $643,000 in The Boeing Company $BA

one8zero8 LLC acquired a new stake in The Boeing Company (NYSE:BA) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 2,969 shares of the aircraft producer’s stock, valued at approximately $643,000.

Other institutional investors have also made changes to their positions in the company. Addison Advisors LLC acquired a new position in Boeing during the second quarter worth $46,000. Mmbg Investment Advisors CO. acquired a new stake in Boeing in the 2nd quarter valued at $1,949,000. West Family Investments Inc. acquired a new stake in Boeing in the 2nd quarter valued at $580,000. Knuff & Co LLC bought a new stake in Boeing during the 2nd quarter worth about $3,903,000. Finally, NewEdge Wealth LLC bought a new stake in Boeing during the 2nd quarter worth about $1,390,000. Institutional investors own 64.82% of the company’s stock.

Boeing Stock Down 0.6%

Shares of BA stock opened at $221.79 on Thursday. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14. The firm’s 50-day moving average is $222.33 and its 200-day moving average is $222.44. The stock has a market cap of $175.30 billion, a price-to-earnings ratio of 96.01 and a beta of 1.21. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35.

Boeing (NYSE:BA) last posted 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 business had revenue of $24.56 billion for the quarter, compared to the consensus estimate of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.24) EPS. Sell-side analysts predict that The Boeing Company will post -0.87 EPS for the current year.

Wall Street Analyst Weigh In

BA has been the subject of several analyst reports. UBS Group started coverage on Boeing in a report on Tuesday, August 11th. They issued a “buy” rating for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Boeing in a report on Tuesday, July 21st. Cantor Fitzgerald cut Boeing to a “neutral” rating in a research report on Tuesday, August 11th. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a research note on Tuesday, August 11th. Finally, Citigroup lowered Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Boeing has an average rating of “Moderate Buy” and an average target price of $272.58.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is pursuing an internal turnaround under CEO Kelly Ortberg, emphasizing engineering discipline, production quality and long-term aircraft development rather than short-term Wall Street targets. The strategy could improve execution and restore customer and investor confidence, although results will take time. How Kelly Ortberg is rebuilding Boeing from the inside out
• Positive Sentiment: Wright-Patterson Air Force Base awarded Boeing a $75 million contract for Air Force One spare parts, providing incremental support for the company’s defense and government-services business. Boeing $75 million Air Force One parts contract
• Positive Sentiment: Boeing and Lockheed Martin’s United Launch Alliance reportedly completed a $1.5 billion private bond offering—three times the initial target—suggesting strong investor demand for ULA financing and continued interest in its space business. Boeing Q2 earnings context

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.