Peak Financial Advisors LLC purchased a new position in shares of The Boeing Company (NYSE:BA – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,150 shares of the aircraft producer’s stock, valued at approximately $2,819,000. Boeing makes up approximately 1.2% of Peak Financial Advisors LLC’s holdings, making the stock its 26th biggest holding.
A number of other institutional investors have also made changes to their positions in BA. Jupiter Topco LLC bought a new position in Boeing in the second quarter worth about $911,878,000. Bank of New York Mellon Corp bought a new position in shares of Boeing in the second quarter worth $747,763,000. Legal & General Group Plc bought a new position in Boeing in the 2nd quarter valued at about $710,816,000. Deutsche Bank AG bought a new position in shares of Boeing in the second quarter valued at approximately $539,456,000. Finally, Swiss National Bank increased its position in shares of Boeing by 7.6% during the 1st quarter. Swiss National Bank now owns 2,298,077 shares of the aircraft producer’s stock valued at $457,386,000 after purchasing an additional 163,000 shares during the period. 64.82% of the stock is currently owned by institutional investors.
Boeing News Summary
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 Trading Down 0.7%
Shares of BA stock opened at $171.41 on Friday. The Boeing Company has a 52-week low of $165.01 and a 52-week high of $254.35. The stock has a market cap of $135.83 billion, a price-to-earnings ratio of 18.65 and a beta of 1.26. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.33 and a current ratio of 1.13. The firm has a fifty day moving average of $196.12 and a 200-day moving average of $217.21.
Boeing (NYSE:BA – Get Free Report) last issued its quarterly earnings data 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). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The company had revenue of $24.19 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the previous year, the business posted ($7.47) earnings per share. The firm’s revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts forecast that The Boeing Company will post -1.48 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. DZ Bank reaffirmed a “buy” rating on shares of Boeing in a report on Thursday, August 6th. Piper Sandler lowered shares of Boeing from an “overweight” rating to a “neutral” rating in a research report on Wednesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Boeing in a research report on Monday, October 19th. William Blair reissued an “outperform” rating on shares of Boeing in a research report on Wednesday, September 30th. Finally, Btg Pactual set a $260.00 price objective on Boeing in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and a consensus price target of $246.92.
Check Out Our Latest Stock Analysis on BA
Boeing Company 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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