Chancellor Financial Group WB LP Takes $526,000 Position in The Boeing Company $BA

Chancellor Financial Group WB LP bought a new stake in shares of The Boeing Company (NYSE:BAFree Report) during the 2nd quarter, Holdings Channel.com reports. The firm bought 2,431 shares of the aircraft producer’s stock, valued at approximately $526,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC acquired a new stake in Boeing in the 3rd quarter valued at $25,000. Strive Financial Group LLC acquired a new position in shares of Boeing during the fourth quarter worth about $25,000. CrossGen Wealth LLC purchased a new stake in shares of Boeing in the fourth quarter worth about $26,000. Ares Financial Consulting LLC purchased a new stake in shares of Boeing in the fourth quarter worth about $26,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Boeing in the fourth quarter valued at about $27,000. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing Price Performance

Shares of BA stock opened at $222.91 on Wednesday. The firm has a fifty day moving average of $222.08 and a two-hundred day moving average of $222.53. The firm has a market cap of $176.18 billion, a P/E ratio of 96.50 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 company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33.

Boeing (NYSE:BAGet Free Report) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The company had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same quarter last year, the company posted ($1.24) EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, research analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Boeing received a $75 million U.S. Air Force contract for Air Force One spare parts. Although modest relative to Boeing’s overall business, the award supports its defense and government-services backlog. Air Force One parts contract
  • Positive Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly completed a $1.5 billion private bond offering—triple its original target. The financing could support ULA’s launch operations and growth, though the debt is at the venture level rather than a direct Boeing contract. Boeing-Lockheed ULA bond offering
  • Neutral Sentiment: Boeing appointed Celso Ferrer to lead its Latin America and Caribbean operations. His regional airline and safety experience could help rebuild customer relationships and expand commercial opportunities, but the financial impact is likely longer term. Boeing Latin America leadership appointment
  • Negative Sentiment: The U.S. Army temporarily grounded Apache helicopters after a fatal crash near Fort Hood that killed two service members. Boeing manufactures the Apache, and the stand-down increases concerns about program reliability, potential investigations and delivery delays. Apache helicopter grounding
  • Negative Sentiment: A new Netflix documentary revisits the 737 MAX tragedies and alleges that a profits-over-quality culture contributed to Boeing’s safety failures. Renewed scrutiny of whistleblower claims may weigh on the company’s reputation, regulatory risk and future aircraft demand. Freefall documentary review
  • Negative Sentiment: Recent second-quarter results showed revenue growth of 8% year over year to $24.56 billion, but Boeing missed the consensus EPS estimate. With a high P/E ratio, substantial debt and continued execution challenges, investors remain sensitive to further setbacks. Boeing second-quarter earnings comparison

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Royal Bank Of Canada dropped their target price on Boeing from $275.00 to $265.00 and set an “outperform” rating on the stock in a report on Wednesday, July 29th. William Blair reaffirmed an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. The Goldman Sachs Group lowered shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Cantor Fitzgerald cut shares of Boeing to a “neutral” rating in a research report on Tuesday, August 11th. Finally, Sanford C. Bernstein started coverage on shares of Boeing in a research note on Tuesday, August 11th. They issued an “outperform” rating for the company. 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

Get Our Latest Stock 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.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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