Booz Allen Hamilton (NYSE:BAH) Upgraded by Wells Fargo & Company to Hold Rating

Booz Allen Hamilton (NYSE:BAH) was upgraded by research analysts at Wells Fargo & Company to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Several other research analysts also recently commented on BAH. Citigroup boosted their target price on Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a research note on Friday, January 23rd. Finally, UBS Group reaffirmed a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $97.08.

Booz Allen Hamilton Trading Up 3.1%

Shares of BAH stock opened at $80.45 on Tuesday. The stock’s fifty day moving average price is $81.70 and its two-hundred day moving average price is $87.97. The company has a market cap of $9.70 billion, a PE ratio of 11.95, a P/E/G ratio of 4.58 and a beta of 0.37. Booz Allen Hamilton has a fifty-two week low of $73.93 and a fifty-two week high of $130.91. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The company had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the firm earned $1.55 EPS. Booz Allen Hamilton’s revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities analysts predict that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently added to or reduced their stakes in BAH. Vanguard Group Inc. raised its stake in shares of Booz Allen Hamilton by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock valued at $1,176,522,000 after acquiring an additional 227,141 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Booz Allen Hamilton by 38.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock valued at $550,722,000 after purchasing an additional 1,811,906 shares during the period. First Trust Advisors LP increased its holdings in Booz Allen Hamilton by 36.0% in the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock valued at $409,697,000 after purchasing an additional 1,285,475 shares during the period. Primecap Management Co. CA raised its position in Booz Allen Hamilton by 135.2% during the 4th quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after purchasing an additional 2,682,460 shares during the last quarter. Finally, State Street Corp raised its position in Booz Allen Hamilton by 53.2% during the 4th quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock worth $371,428,000 after purchasing an additional 1,528,739 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

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.