Spartan Wealth Advisory Services LLC Makes New $824,000 Investment in The Boeing Company $BA

Spartan Wealth Advisory Services LLC acquired a new position in The Boeing Company (NYSE:BA) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 4,141 shares of the aircraft producer’s stock, valued at approximately $824,000.

A number of other large investors have also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC purchased a new stake in Boeing in the 3rd quarter worth approximately $25,000. Strive Financial Group LLC bought a new stake in Boeing during the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC purchased a new position in Boeing during the fourth quarter valued at approximately $26,000. CrossGen Wealth LLC bought a new position in shares of Boeing in the fourth quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Boeing in the fourth quarter worth approximately $27,000. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The FAA said Boeing can again self-certify airworthiness for its 737 MAX and 787 jets, restoring a key authority Boeing lost after the MAX crashes and signaling improving oversight trust. FAA returning ticketing authority to Boeing for 737 MAX, 787 planes
• Positive Sentiment: Reports also say Boeing is nearing certification milestones for the 737 MAX 7 and MAX 10, which could help unlock delayed deliveries and improve cash flow. Boeing nears key certification milestone for 737 Max 7 and Max 10
• Positive Sentiment: Boeing delivered 64 jets in June and posted its strongest first half of deliveries since 2018, reinforcing the case that production and cash generation are improving. Boeing Delivered 64 Jets in June. Here’s What That Means for Its July 28 Earnings.
• Positive Sentiment: Boeing is also targeting a potential 100-jet SMBC deal, while broader airline demand headlines and upcoming air shows could support new order activity. Boeing Targets 100-Jet SMBC Deal as Airbus Battles for Major Order
• Neutral Sentiment: Analysts continue to rate Boeing as a “moderate buy,” but that view reflects ongoing execution progress rather than a near-term breakout catalyst. The Boeing Company (NYSE:BA) Given Average Recommendation of “Moderate Buy” by Brokerages
• Negative Sentiment: Competition remains a concern, as Airbus won major orders from Chinese airlines, highlighting Boeing’s continued weakness in a key international market. Airbus Wins Major Order from Air China to Firm Regional Hold

Insider Transactions at Boeing

In other Boeing news, Director Bradley D. Tilden acquired 1,370 shares of the stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $218.50 per share, for a total transaction of $299,345.00. Following the completion of the transaction, the director directly owned 1,370 shares of the company’s stock, valued at $299,345. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is currently owned by insiders.

Boeing Stock Up 0.2%

Shares of BA opened at $214.38 on Monday. The stock has a market capitalization of $169.00 billion, a price-to-earnings ratio of 104.07 and a beta of 1.21. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The business’s 50 day simple moving average is $221.83 and its 200-day simple moving average is $224.79. The company has a debt-to-equity ratio of 7.42, a current ratio of 1.18 and a quick ratio of 0.35.

Boeing (NYSE:BA) last posted its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. During the same quarter in the prior year, the company posted ($0.49) earnings per share. The firm’s revenue was up 14.0% compared to the same quarter last year. As a group, equities analysts expect that The Boeing Company will post -0.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BA has been the subject of a number of analyst reports. Btg Pactual set a $260.00 price objective on shares of Boeing in a research note on Tuesday, July 14th. Citigroup upped their target price on shares of Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Wells Fargo & Company began coverage on Boeing in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 price target for the company. Wolfe Research reissued an “outperform” rating and set a $275.00 price target on shares of Boeing in a report on Thursday, April 23rd. Finally, Tigress Financial boosted their price objective on Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.53.

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.