Hayek Kallen Investment Management Invests $790,000 in The Boeing Company $BA

Hayek Kallen Investment Management purchased a new stake in The Boeing Company (NYSE:BAFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,650 shares of the aircraft producer’s stock, valued at approximately $790,000.

Several other institutional investors have also made changes to their positions in BA. Measured Wealth Private Client Group LLC bought a new position in Boeing during the 3rd quarter worth $25,000. Strive Financial Group LLC bought a new stake in shares of Boeing during the 4th quarter valued at $25,000. CrossGen Wealth LLC bought a new stake in shares of Boeing during the 4th quarter valued at $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing during the 4th quarter worth $26,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Boeing during the 4th quarter worth $27,000. 64.82% of the stock is currently owned by institutional investors.

Boeing Stock Performance

Boeing stock opened at $209.78 on Friday. The Boeing Company has a 12-month low of $176.77 and a 12-month high of $254.35. 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 business’s 50-day moving average price is $220.87 and its two-hundred day moving average price is $221.44. The stock has a market cap of $165.81 billion, a PE ratio of 90.82 and a beta of 1.21.

Boeing (NYSE:BAGet Free Report) last posted its 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). 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 during the quarter, compared to the consensus estimate of $24.26 billion. During the same period last year, the company posted ($1.24) EPS. The firm’s revenue was up 8.0% compared to the same quarter last year. As a group, analysts expect that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BA shares. UBS Group began coverage on Boeing in a research note on Tuesday, August 11th. They issued a “buy” rating for the company. Tigress Financial increased their price objective on shares of Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Citigroup lowered shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. Finally, William Blair reaffirmed an “outperform” rating on shares of Boeing in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $272.58.

Get Our Latest Research Report on Boeing

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing’s $131B F-15 Win
  • Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
  • Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
  • Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
  • Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
  • Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
  • Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling

Boeing Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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