Hill City Capital LP Invests $134.55 Billion in The Boeing Company $BA

Hill City Capital LP purchased a new position in shares of The Boeing Company (NYSE:BA) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 621,583 shares of the aircraft producer’s stock, valued at approximately $134,554,072,000. Boeing comprises approximately 3.1% of Hill City Capital LP’s portfolio, making the stock its 9th largest holding.

Other hedge funds also recently bought and sold shares of the company. Newport Trust Company LLC boosted its stake in shares of Boeing by 1.0% during the fourth quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock valued at $6,401,847,000 after purchasing an additional 286,848 shares during the period. Geode Capital Management LLC increased its stake in Boeing by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock worth $3,679,592,000 after buying an additional 533,753 shares during the period. Fisher Asset Management LLC lifted its holdings in Boeing by 2.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock valued at $1,224,752,000 after buying an additional 135,860 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Boeing by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock valued at $948,905,000 after buying an additional 138,469 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in shares of Boeing in the second quarter valued at approximately $911,878,000. Institutional investors own 64.82% of the company’s stock.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing’s $131B F-15 Win
• Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
• Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
• Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
• Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
• Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
• Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling

Boeing Stock Performance

Shares of BA stock opened at $209.78 on Friday. The firm has a market cap of $165.81 billion, a price-to-earnings ratio of 90.82 and a beta of 1.21. The Boeing Company has a 52-week low of $176.77 and a 52-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. The company’s 50 day moving average is $220.87 and its 200 day moving average is $221.44.

Boeing (NYSE:BA) last posted its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The company had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.24) EPS. On average, sell-side analysts anticipate that The Boeing Company will post -0.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BA. Barclays cut Boeing from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, August 11th. UBS Group initiated coverage on Boeing in a report on Tuesday, August 11th. They issued a “buy” rating for the company. Robert W. Baird set a $300.00 price target on Boeing in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on Boeing from $270.00 to $290.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada decreased their price objective on Boeing from $275.00 to $265.00 and set an “outperform” rating for the company in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $272.58.

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.