Booz Allen Hamilton (NYSE:BAH) Coverage Initiated by Analysts at Wells Fargo & Company

Wells Fargo & Company started coverage on shares of Booz Allen Hamilton (NYSE:BAH) in a report published on Wednesday morning, Marketbeat Ratings reports. The firm issued an equal weight rating and a $85.00 price objective on the business services provider’s stock.

A number of other research analysts also recently issued reports on the company. Citigroup boosted their price objective on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. UBS Group reaffirmed a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Finally, Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a research report on Friday, January 23rd. 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 stock. Based on data from MarketBeat, Booz Allen Hamilton currently has an average rating of “Reduce” and an average target price of $97.08.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $80.45 on Wednesday. Booz Allen Hamilton has a one year low of $73.93 and a one year high of $130.91. The stock’s fifty day moving average is $81.70 and its 200 day moving average is $87.97. The stock has a market cap of $9.70 billion, a P/E ratio of 11.95, a P/E/G ratio of 4.58 and a beta of 0.37. 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 released its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.51. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.Booz Allen Hamilton’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Sell-side analysts anticipate that Booz Allen Hamilton will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a dividend of $0.59 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a yield of 2.9%. Booz Allen Hamilton’s payout ratio is 35.07%.

Hedge Funds Weigh In On Booz Allen Hamilton

Hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Booz Allen Hamilton by 22.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after acquiring an additional 4,870 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Booz Allen Hamilton by 365.0% in the 1st quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after purchasing an additional 9,223 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of Booz Allen Hamilton by 53.7% during the second quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock valued at $464,000 after purchasing an additional 1,559 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Booz Allen Hamilton by 5.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 6,583 shares of the business services provider’s stock valued at $685,000 after purchasing an additional 337 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its holdings in shares of Booz Allen Hamilton by 197.1% in the second quarter. OMERS ADMINISTRATION Corp now owns 13,867 shares of the business services provider’s stock worth $1,444,000 after purchasing an additional 9,200 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

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.