Booz Allen Hamilton (NYSE:BAH) Raised to “Hold” at Wells Fargo & Company

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

A number of other brokerages also recently weighed in on BAH. Truist Financial set a $98.00 target price on shares of Booz Allen Hamilton in a research note on Friday, January 23rd. Weiss Ratings cut shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 23rd. Jefferies Financial Group lowered their price objective on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research report on Thursday, December 18th. DA Davidson set a $81.00 price objective on Booz Allen Hamilton in a research note on Tuesday, January 27th. Finally, Stifel Nicolaus upped their target price on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $97.08.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $80.45 on Tuesday. The stock has a market capitalization of $9.70 billion, a PE ratio of 11.95, a PEG ratio of 4.58 and a beta of 0.37. The business’s 50 day simple moving average is $81.70 and its 200 day simple moving average is $87.97. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton has a one year low of $73.93 and a one year high of $130.91.

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

Institutional Investors Weigh In On Booz Allen Hamilton

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EJMK Ventures LLC bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $268,000. T. Rowe Price Investment Management Inc. increased its position in Booz Allen Hamilton by 38.4% in the 4th 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 buying an additional 1,811,906 shares in the last quarter. Invesco Ltd. raised its stake in Booz Allen Hamilton by 13.0% during the 4th quarter. Invesco Ltd. now owns 822,044 shares of the business services provider’s stock worth $69,348,000 after buying an additional 94,434 shares during the period. Strive Financial Group LLC acquired a new position in Booz Allen Hamilton during the 4th quarter worth approximately $367,000. Finally, State of Tennessee Department of Treasury bought a new position in Booz Allen Hamilton in the fourth quarter worth approximately $3,083,000. 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.