Mystic Asset Management Inc. Makes New Investment in The Boeing Company $BA

Mystic Asset Management Inc. purchased a new stake in The Boeing Company (NYSE:BA) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 22,608 shares of the aircraft producer’s stock, valued at approximately $4,894,000. Boeing comprises 1.0% of Mystic Asset Management Inc.’s portfolio, making the stock its 24th largest holding.

Several other large investors have also recently modified their holdings of BA. XML Financial LLC grew its stake in shares of Boeing by 0.5% in the fourth quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock worth $1,933,000 after purchasing an additional 43 shares during the last quarter. North Star Investment Management Corp. raised its position in Boeing by 1.6% during the 4th quarter. North Star Investment Management Corp. now owns 2,833 shares of the aircraft producer’s stock worth $615,000 after purchasing an additional 44 shares during the last quarter. Strait & Sound Wealth Management LLC raised its position in Boeing by 1.1% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,915 shares of the aircraft producer’s stock worth $850,000 after purchasing an additional 44 shares during the last quarter. B.O.S.S. Retirement Advisors LLC lifted its holdings in Boeing by 1.4% during the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 3,175 shares of the aircraft producer’s stock worth $632,000 after buying an additional 44 shares during the period. Finally, PKS Advisory Services LLC lifted its holdings in Boeing by 2.5% during the 4th quarter. PKS Advisory Services LLC now owns 1,839 shares of the aircraft producer’s stock worth $399,000 after buying an additional 45 shares during the period. Institutional investors own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BA. William Blair reissued an “outperform” rating on shares of Boeing in a research note on Tuesday, July 28th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a research note on Tuesday, July 21st. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a report on Tuesday, August 11th. Robert W. Baird set a $300.00 target price on shares of Boeing in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their price target on shares of Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $272.58.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The U.S. State Department approved a potential $4.5 billion sale of KC-46A aerial refueling tankers to Qatar. The deal would support Boeing’s defense backlog and international sales, although it remains subject to final agreements and congressional review. US approves potential $4.5B sale of Boeing KC-46A tankers to Qatar
• Positive Sentiment: Boeing is progressing repairs and interior work on the next Air Force One aircraft, and it recently received a contract worth roughly $75 million for Air Force One parts. These developments provide defense and government-services revenue, though schedule pressure remains. Boeing advances Air Force One repairs
• Neutral Sentiment: Boeing’s partnership with Archer Aviation involves transferring Boeing-owned businesses—including Wisk Aero, Insitu and SkyGrid—in exchange for a strategic equity stake in Archer. The transaction could monetize noncore assets and preserve exposure to future aviation technology, but its near-term financial effect on BA is unclear. Archer Aviation bets big on becoming more than an air taxi company
• Negative Sentiment: The largest near-term overhang is uncertainty surrounding a contract vote by approximately 17,000 SPEEA engineers and technical workers. Rejection could lead to strike authorization after contracts expire on October 6, potentially disrupting Boeing’s recovery, certification work and production ramp. Boeing slides as labor vote uncertainty appears to outweigh recent operational progress
• Negative Sentiment: Air Force One repair work faces potential schedule threats related to windows and interior installation, reinforcing investor concerns about Boeing’s ability to execute complex programs on time and control costs.
• Negative Sentiment: Boeing’s $1.5 billion private bond financing for United Launch Alliance highlights continued capital needs and leverage concerns. With elevated debt and historically weak profitability, additional borrowing may weigh on sentiment despite supporting liquidity. A $1.5 Billion Deal: Why Boeing and Lockheed Stocks Are in Focus

Boeing Stock Performance

Shares of BA opened at $215.22 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77. The firm’s fifty day simple moving average is $222.21 and its two-hundred day simple moving average is $222.31. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35. The stock has a market capitalization of $170.10 billion, a P/E ratio of 93.17 and a beta of 1.21.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The business had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business’s revenue was up 8.0% on a year-over-year basis. During the same period last year, the business posted ($1.24) earnings per share. As a group, analysts predict that The Boeing Company will post -0.87 EPS for the current year.

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.