Westmount Partners LLC Decreases Stake in The Boeing Company $BA

Westmount Partners LLC cut its holdings in shares of The Boeing Company (NYSE:BA) by 44.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,763 shares of the aircraft producer’s stock after selling 3,047 shares during the period. Westmount Partners LLC’s holdings in Boeing were worth $815,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new position in Boeing in the third quarter valued at about $25,000. Strive Financial Group LLC purchased a new stake in Boeing during the 4th quarter worth approximately $25,000. CrossGen Wealth LLC purchased a new stake in Boeing during the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC acquired a new position in shares of Boeing in the 4th quarter valued at approximately $26,000. Finally, 1 North Wealth Services LLC purchased a new position in shares of Boeing during the 4th quarter valued at approximately $27,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BA. Weiss Ratings reissued a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. UBS Group reaffirmed a “buy” rating on shares of Boeing in a report on Wednesday, July 29th. Royal Bank Of Canada reduced their price objective on shares of Boeing from $275.00 to $265.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 29th. William Blair reissued an “outperform” rating on shares of Boeing in a report on Tuesday, July 28th. Finally, BNP Paribas Exane raised shares of Boeing from an “underperform” rating to an “outperform” rating and boosted their target price for the stock from $230.00 to $300.00 in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $273.00.

Insider Buying and Selling at Boeing

In other Boeing news, Director Bradley D. Tilden bought 1,370 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of $218.50 per share, with a total value of $299,345.00. Following the completion of the acquisition, the director owned 1,370 shares of the company’s stock, valued at approximately $299,345. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The Federal Aviation Administration approved the 737 MAX 7 for commercial service on August 3, removing a major certification bottleneck that had delayed the aircraft for years. The approval supports Boeing’s future delivery pipeline and could improve operating momentum as the company prepares for the aircraft’s rollout. Boeing Shows Operational Acceleration Ahead of Max 7 Rollout
• Positive Sentiment: Tigress Financial raised its Boeing price target from $295 to $305 and maintained a “buy” rating, reflecting optimism about the company’s recovery, deliveries, and cash-flow improvement. Boeing Price Target Increase
• Positive Sentiment: Boeing and Northrop Grumman tested an AI-enabled communications link between the MQ-4C Triton drone and P-8 Poseidon, highlighting potential support for Boeing’s defense and autonomous-systems business. Northrop and Boeing Test AI-Enabled Link
• Neutral Sentiment: Boeing-Lockheed Martin joint venture United Launch Alliance reportedly plans a roughly $500 million private bond sale to refinance debt. The financing could support ULA’s operations, but it also underscores leverage and does not directly change Boeing’s near-term results. ULA Plans Private Bond Sale
• Negative Sentiment: Progress toward a new agreement with the Society of Professional Engineering Employees in Aerospace has not provided a meaningful boost to BA, suggesting investors remain focused on execution, labor costs, and Boeing’s ability to convert certification progress into profitable deliveries. SPEEA Agreement and Boeing Stock

Boeing Price Performance

Shares of NYSE BA opened at $232.23 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77. The company has a market capitalization of $183.55 billion, a price-to-earnings ratio of 100.53 and a beta of 1.21. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The business has a 50 day simple moving average of $220.16 and a 200-day simple moving average of $223.53.

Boeing (NYSE:BA) last announced 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 firm 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 business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the business earned ($1.24) earnings per share. As a group, equities research analysts expect that The Boeing Company will post -0.88 earnings per share for the current year.

Boeing Company Profile

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.