Meeder Advisory Services Inc. Purchases Shares of 12,364 The Boeing Company $BA

Meeder Advisory Services Inc. purchased a new position in shares of The Boeing Company (NYSE:BAFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,364 shares of the aircraft producer’s stock, valued at approximately $2,676,000.

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

Key Boeing News

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

Boeing Trading Down 1.3%

Shares of NYSE:BA opened at $222.91 on Wednesday. The company has a market cap of $176.18 billion, a PE ratio of 96.50 and a beta of 1.21. The company’s 50-day moving average price is $222.08 and its 200 day moving average price is $222.53. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. 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:BAGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. Boeing’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($1.24) EPS. Sell-side analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on BA. UBS Group began coverage on shares of Boeing in a research note on Tuesday, August 11th. They issued a “buy” rating for the company. Wolfe Research lowered shares of Boeing from an “outperform” rating to a “hold” rating in a report on Tuesday, August 11th. Sanford C. Bernstein started coverage on Boeing in a research note on Tuesday, August 11th. They set an “outperform” rating for 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 research report on Wednesday, July 29th. Finally, Morgan Stanley upped their target price on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $272.58.

Read Our Latest Stock Analysis on Boeing

About Boeing

(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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