Kassira Wealth Management LLC lifted its stake in shares of The Boeing Company (NYSE:BA – Free Report) by 37.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,141 shares of the aircraft producer’s stock after purchasing an additional 3,549 shares during the quarter. Boeing accounts for about 1.9% of Kassira Wealth Management LLC’s holdings, making the stock its 13th largest position. Kassira Wealth Management LLC’s holdings in Boeing were worth $2,445,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in BA. Jupiter Topco LLC bought a new position in Boeing in the 2nd quarter worth about $911,878,000. Bank of New York Mellon Corp bought a new stake in shares of Boeing during the second quarter valued at about $747,763,000. Legal & General Group Plc bought a new stake in shares of Boeing during the second quarter valued at about $710,816,000. Deutsche Bank AG purchased a new stake in shares of Boeing in the second quarter worth about $539,456,000. Finally, Swiss National Bank lifted its holdings in shares of Boeing by 7.6% in the first quarter. Swiss National Bank now owns 2,298,077 shares of the aircraft producer’s stock worth $457,386,000 after buying an additional 163,000 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on BA shares. Citigroup lowered shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Cantor Fitzgerald lowered shares of Boeing to a “neutral” rating in a report on Tuesday, August 11th. Morgan Stanley lowered their target price on shares of Boeing from $225.00 to $195.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Langenberg & Company set a $250.00 price target on shares of Boeing in a report on Tuesday. Finally, DZ Bank reissued a “buy” rating on shares of Boeing in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Boeing currently has a consensus rating of “Moderate Buy” and a consensus target price of $246.92.
Check Out Our Latest Stock Report on Boeing
Boeing Price Performance
Shares of NYSE BA opened at $171.41 on Friday. The firm has a market capitalization of $135.83 billion, a P/E ratio of 18.65 and a beta of 1.26. The company has a quick ratio of 0.33, a current ratio of 1.13 and a debt-to-equity ratio of 6.31. The stock’s 50-day simple moving average is $196.12 and its two-hundred day simple moving average is $217.21. The Boeing Company has a twelve month low of $165.01 and a twelve month high of $254.35.
Boeing (NYSE:BA – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09). The business had revenue of $24.19 billion for the quarter, compared to the consensus estimate of $23.95 billion. Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business posted ($7.47) EPS. As a group, equities analysts anticipate that The Boeing Company will post -1.72 EPS for the current fiscal year.
Key Headlines Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
- Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
- Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
- Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
- Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
- Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
- Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
- Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation
Boeing Profile
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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