Bryn Mawr Trust Advisors LLC Invests $603,000 in The Boeing Company $BA

Bryn Mawr Trust Advisors LLC bought a new stake in shares of The Boeing Company (NYSE:BA) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,786 shares of the aircraft producer’s stock, valued at approximately $603,000.

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

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The Pentagon signed framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The seven-year arrangements could provide greater visibility for Boeing’s defense business and support incremental revenue, helping drive the stock higher. Pentagon signs deals with Boeing and RTX
• Positive Sentiment: Boeing is selling Wisk Aero, Insitu and SkyGrid to Archer Aviation in an all-stock transaction that gives Boeing an approximately 20% stake in Archer. Analysts view the deal as a way to exit a struggling, non-core air-taxi operation while retaining exposure to autonomy and electric-aircraft technologies, potentially sharpening Boeing’s turnaround focus. Boeing’s Wisk sale and portfolio strategy
• Positive Sentiment: Avolon agreed to lease up to seven Boeing 737-8200 aircraft to India’s Akasa Air. The transaction supports continued demand for Boeing’s narrow-body aircraft in one of the aviation industry’s fastest-growing markets. Avolon and Akasa Air 737 transaction
• Neutral Sentiment: Odysight.ai received a Boeing purchase order and will demonstrate AI-powered predictive-maintenance technology at two Boeing sites. The initiative could improve future maintenance capabilities and create supplier opportunities, but its immediate financial impact on BA is expected to be limited. Odysight.ai Boeing purchase order
• Neutral Sentiment: JLL is considering Boeing’s former Chicago headquarters for a potential global headquarters move. The move could benefit Boeing through property monetization or reduced real-estate obligations, though no transaction has been finalized. JLL considers Boeing’s former headquarters

Boeing Stock Up 0.5%

BA opened at $231.50 on Friday. The company has a market cap of $182.97 billion, a PE ratio of 100.21 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 company has a 50-day moving average price of $221.70 and a 200 day moving average price of $222.97. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BA) last posted 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). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same quarter in the previous year, the firm posted ($1.24) earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Sell-side analysts expect that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BA has been the subject of a number of analyst reports. Robert W. Baird set a $300.00 price target on Boeing in a report on Wednesday, July 29th. Barclays lowered Boeing from an “equal weight” rating to an “underweight” rating in a report on Tuesday. BNP Paribas Exane upgraded Boeing from an “underperform” rating to an “outperform” rating and boosted their price objective for the company from $230.00 to $300.00 in a research report on Monday, August 3rd. William Blair reaffirmed an “outperform” rating on shares of Boeing in a research note on Tuesday, July 28th. Finally, Cantor Fitzgerald lowered Boeing to a “neutral” rating in a research report on Tuesday. One equities 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, the stock has an average rating of “Moderate Buy” and an average target price of $272.58.

Insider Buying and Selling at Boeing

In other news, Director Bradley D. Tilden purchased 1,370 shares of the stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $218.50 per share, with a total value of $299,345.00. Following the completion of the purchase, the director directly owned 1,370 shares of the company’s stock, valued at approximately $299,345. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.10% of the stock is currently owned by company insiders.

About Boeing

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.