The Boeing Company $BA Shares Acquired by U S Global Investors Inc.

U S Global Investors Inc. raised its holdings in shares of The Boeing Company (NYSE:BA – Free Report) by 5.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,260 shares of the aircraft producer’s stock after buying an additional 4,353 shares during the period. Boeing comprises approximately 1.5% of U S Global Investors Inc.’s investment portfolio, making the stock its 21st biggest position. U S Global Investors Inc.’s holdings in Boeing were worth $14,746,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BA. Highland Investment Advisors LLC bought a new stake in shares of Boeing during the 2nd quarter worth $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Boeing in the 2nd quarter worth $27,000. Bell Investment Advisors Inc acquired a new stake in shares of Boeing during the second quarter worth $29,000. Security National Bank of SO Dak acquired a new stake in shares of Boeing during the second quarter worth $30,000. Finally, Retirement Wealth Solutions LLC lifted its holdings in shares of Boeing by 3,575.0% during the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock valued at $27,000 after purchasing an additional 143 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Boeing Stock Performance

Shares of BA opened at $187.46 on Friday. The firm has a market cap of $148.17 billion, a price-to-earnings ratio of 81.15 and a beta of 1.26. The company’s fifty day moving average is $201.61 and its 200-day moving average is $215.33. 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 Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35.

Boeing (NYSE:BA – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The business had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.24) EPS. Equities analysts expect that The Boeing Company will post -1.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BA shares. Sanford C. Bernstein dropped their price target on Boeing from $298.00 to $278.00 and set an “outperform” rating on the stock in a research note on Monday, October 12th. Rothschild & Co Redburn upped their price objective on shares of Boeing from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a research note on Monday. UBS Group reaffirmed a “buy” rating on shares of Boeing in a research note on Tuesday, September 29th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Boeing in a research report on Sunday, September 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and an average target price of $266.96.

Get Our Latest Stock Analysis on BA

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: The FAA granted final certification to the 737 MAX 10, clearing the way for deliveries of an aircraft with approximately 1,555 orders. The approval could help Boeing compete more effectively with Airbus’ A321neo and ease a key delivery bottleneck. Boeing 737 MAX 10 certification
  • Positive Sentiment: Analysts said MAX 10 approval could support more stable production and deliveries as aircraft demand builds in 2027 and 2028, potentially improving Boeing’s cash flow and turnaround prospects. Boeing wins FAA certification
  • Neutral Sentiment: Boeing is scheduled to report third-quarter results before the market opens on October 27. Analysts are focused on aircraft deliveries, services demand, production rates and other operating metrics, with some forecasts calling for double-digit earnings growth. Boeing earnings preview
  • Negative Sentiment: Investors still face execution concerns ahead of earnings, including supply-chain delays, the need to ramp 737 MAX production and Boeing’s negative return on invested capital. These issues could limit the benefit of the MAX 10 certification if deliveries and profitability do not improve. Boeing stock before earnings
  • Negative Sentiment: The certification news has not translated into sustained buying, likely because approval was widely expected. With Boeing trading at a high earnings multiple and carrying substantial leverage, investors may be demanding clearer evidence of improving cash generation before bidding the shares higher. Boeing receives FAA approval

About Boeing

(Free Report)

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.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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