Triumph Capital Management Decreases Stock Position in The Boeing Company $BA

Triumph Capital Management trimmed its stake in shares of The Boeing Company (NYSE:BA) by 60.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,016 shares of the aircraft producer’s stock after selling 4,600 shares during the quarter. Triumph Capital Management’s holdings in Boeing were worth $653,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Boeing during the third quarter worth about $25,000. Strive Financial Group LLC acquired a new stake in Boeing in the fourth quarter valued at approximately $25,000. CrossGen Wealth LLC acquired a new stake in Boeing in the fourth quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new stake in Boeing in the fourth quarter valued at approximately $27,000. Finally, 1 North Wealth Services LLC purchased a new position in Boeing in the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s defense and space business is gaining momentum, supported by approximately $85 billion in backlog and several programs moving into low-rate production. This could provide a steadier growth driver beyond commercial aircraft and improve long-term revenue visibility. Can Boeing’s Defense Business Become a Bigger Growth Driver?
• Positive Sentiment: Boeing is gradually increasing aircraft production after receiving additional regulatory approvals, while its enormous commercial backlog—potentially covering more than a decade of deliveries—offers substantial future revenue support. Boeing Stock Analysis: Sales Increase 8% to $24.6 Billion. Time to Buy?
• Neutral Sentiment: Industry research projects continued growth in the global freighter-aircraft market, driven by e-commerce, express shipping and fleet replacement. The trend could benefit Boeing, although the report describes an industry opportunity rather than a new contract or forecast revision for BA. Global Freighter Aircraft Market to Reach $12.11 Billion by 2031
• Negative Sentiment: Boeing and the union representing roughly 17,000 engineers and technical workers will resume contract negotiations on September 8. Workers previously rejected Boeing’s four-year offers and authorized a potential strike, creating a significant execution, cost and production risk if talks fail. Boeing, Engineers Union Agree to Resume Contract Talks
• Negative Sentiment: The latest quarterly results showed improving revenue but continued earnings pressure: sales rose 8% to $24.56 billion, while Boeing reported a $0.76-per-share loss that missed the $0.34 consensus loss estimate. High leverage, weak liquidity metrics and an estimated full-year loss reinforce concerns about the pace and cost of the turnaround. Boeing Stock Analysis: Sales Increase 8% to $24.6 Billion

Wall Street Analyst Weigh In

A number of equities research analysts have commented on BA shares. Barclays downgraded shares of Boeing from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group lowered Boeing from a “buy” rating to a “hold” rating in a report on Tuesday, August 11th. Wolfe Research cut Boeing from an “outperform” rating to a “hold” rating in a research note on Tuesday, August 11th. Robert W. Baird set a $300.00 price objective on Boeing in a research report on Wednesday, July 29th. Finally, Btg Pactual set a $260.00 price objective on Boeing in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

Boeing Stock Down 1.0%

Boeing stock opened at $205.63 on Wednesday. The company has a market capitalization of $162.52 billion, a P/E ratio of 89.02 and a beta of 1.21. 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 Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The stock has a 50-day simple moving average of $220.11 and a 200-day simple moving average of $220.73.

Boeing (NYSE:BA) last released its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The firm had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($1.24) EPS. Equities research analysts expect that The Boeing Company will post -0.87 earnings per share for the current year.

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.