Ratan Capital Management LP Buys Shares of 3,000 The Boeing Company $BA

Ratan Capital Management LP purchased a new position in The Boeing Company (NYSE:BAFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,000 shares of the aircraft producer’s stock, valued at approximately $649,000.

Other large investors have also made changes to their positions in the company. Revolve Wealth Partners LLC purchased a new stake in Boeing during the 4th quarter valued at $201,000. Sivia Capital Partners LLC increased its position in shares of Boeing by 16.5% during the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after acquiring an additional 217 shares during the period. AXA S.A. lifted its position in shares of Boeing by 1,225.7% in the 2nd quarter. AXA S.A. now owns 34,655 shares of the aircraft producer’s stock worth $7,261,000 after purchasing an additional 32,041 shares during the period. Ieq Capital LLC raised its holdings in Boeing by 243.8% in the second quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer’s stock worth $7,016,000 after purchasing an additional 23,746 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Boeing by 4.2% during the second quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer’s stock worth $279,608,000 after purchasing an additional 53,736 shares in the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Boeing Trading Down 0.0%

Shares of NYSE:BA opened at $209.84 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 market capitalization of $165.85 billion, a PE ratio of 90.84 and a beta of 1.21. The business has a 50 day moving average of $220.60 and a two-hundred day moving average of $221.36. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BAGet Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) 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 analyst estimates of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.Boeing’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($1.24) EPS. As a group, analysts forecast that The Boeing Company will post -0.87 EPS for the current year.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Boeing expanded and extended its credit facilities, including a new 364-day agreement with a lender syndicate. The move should improve near-term liquidity and financial flexibility, although it also underscores the company’s substantial funding needs. Boeing Expands and Extends Credit Facilities to Bolster Liquidity
  • Positive Sentiment: The Pentagon awarded Boeing a sole-source F-15 sustainment contract with a potential ceiling of roughly $131.2 billion through 2037. The headline figure strengthens Boeing’s defense backlog, though only a smaller portion has been obligated so far, limiting the immediate financial impact. Boeing’s $131B F-15 Win
  • Positive Sentiment: GE Aerospace’s LEAP engine deliveries rose sharply this year. Higher engine availability is important for Boeing because engine supply remains a bottleneck to increasing 737 and other aircraft deliveries, revenue recognition, and cash generation. GE Aerospace’s LEAP Engine Deliveries Jumped 41%
  • Neutral Sentiment: Analysts continue to view Boeing and other defense contractors as beneficiaries of elevated military spending, strong backlogs, and geopolitical demand. However, comparisons with General Dynamics highlight Boeing’s execution, debt, and profitability challenges. BA vs. GD: Which Defense Contractor Has Stronger Growth Prospects?
  • Negative Sentiment: Boeing engineers and technical workers overwhelmingly rejected a four-year contract proposal and authorized a strike, raising the risk of higher labor costs, production disruption, and delays to commercial-aircraft recovery. Negotiators are scheduled to resume talks Monday. Boeing and Union Negotiators to Meet Monday
  • Negative Sentiment: Boeing has reportedly posted contractor openings for engineering and technical positions as the labor dispute escalates. The apparent preparation for replacement or contingency staffing increases uncertainty and may further strain relations with the union. Boeing Posts Contract Jobs in Labor Dispute
  • Negative Sentiment: Investor commentary continues to flag Boeing’s heavy debt burden and the risk that large contract ceilings may not translate into near-term cash flow. Financing actions and elevated valuation make execution particularly important for BA.

Analysts Set New Price Targets

BA has been the topic of several research analyst reports. Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein started coverage on shares of Boeing in a report on Tuesday, August 11th. They set an “outperform” rating on the stock. BNP Paribas Exane upgraded Boeing from an “underperform” rating to an “outperform” rating and raised their target price for the stock from $230.00 to $300.00 in a research note on Monday, August 3rd. Tigress Financial lifted their price target on Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Boeing in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

Get Our Latest Analysis on Boeing

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.

Further Reading

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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