Brokerages Set Booz Allen Hamilton Holding Corporation (NYSE:BAH) Price Target at $108.23

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have been given a consensus recommendation of “Hold” by the seventeen brokerages that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $108.2308.

A number of research firms recently weighed in on BAH. UBS Group lowered their target price on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Bank of America lowered Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective for the company. in a report on Friday, October 24th. Citigroup started coverage on Booz Allen Hamilton in a report on Thursday, December 11th. They issued a “neutral” rating and a $93.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a report on Monday, October 27th. Finally, Truist Financial set a $90.00 price objective on Booz Allen Hamilton in a research note on Friday, October 24th.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CEO Horacio Rozanski bought 23,800 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were purchased at an average price of $84.66 per share, for a total transaction of $2,014,908.00. Following the purchase, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This represents a 3.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.91% of the stock is currently owned by corporate insiders.

Institutional Trading of Booz Allen Hamilton

Hedge funds have recently bought and sold shares of the business. Rakuten Securities Inc. grew its stake in Booz Allen Hamilton by 414.6% in the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 199 shares during the period. West Branch Capital LLC boosted its holdings in shares of Booz Allen Hamilton by 58.3% in the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after buying an additional 105 shares during the last quarter. Cornerstone Planning Group LLC grew its position in Booz Allen Hamilton by 244.0% during the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock valued at $29,000 after buying an additional 205 shares during the period. Fulcrum Asset Management LLP purchased a new stake in Booz Allen Hamilton during the third quarter worth about $32,000. Finally, WPG Advisers LLC bought a new stake in Booz Allen Hamilton in the first quarter worth about $35,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Up 0.6%

NYSE BAH opened at $84.88 on Monday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton has a 52 week low of $79.23 and a 52 week high of $146.95. The business has a 50 day moving average price of $85.38 and a 200-day moving average price of $98.15. The company has a market cap of $10.30 billion, a price-to-earnings ratio of 12.96, a P/E/G ratio of 1.50 and a beta of 0.34.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.49. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. Booz Allen Hamilton’s revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, equities analysts expect that Booz Allen Hamilton will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio is presently 33.59%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.