Booz Allen Hamilton (NYSE:BAH) Price Target Cut to $85.00 by Analysts at Truist Financial

Booz Allen Hamilton (NYSE:BAH) had its price target reduced by Truist Financial from $98.00 to $85.00 in a report issued on Monday morning,Benzinga reports. Truist Financial currently has a hold rating on the business services provider’s stock.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings upgraded shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, April 9th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Stifel Nicolaus lifted their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research report on Monday, January 26th. UBS Group reiterated a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Finally, Citigroup reduced their price target on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. One analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Reduce” and an average price target of $94.17.

Booz Allen Hamilton Price Performance

BAH stock opened at $80.60 on Monday. The firm has a 50 day moving average of $79.61 and a 200-day moving average of $86.18. Booz Allen Hamilton has a 12-month low of $73.93 and a 12-month high of $130.91. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a market cap of $9.72 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 4.72 and a beta of 0.35.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period last year, the firm earned $1.55 EPS. The company’s revenue for the quarter 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. As a group, equities analysts expect that Booz Allen Hamilton will post 6.07 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

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

Institutional Trading of Booz Allen Hamilton

Large investors have recently made changes to their positions in the stock. Activest Wealth Management boosted its stake in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares during the last quarter. Torren Management LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $26,000. Rakuten Securities Inc. raised its holdings 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 acquiring an additional 199 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Booz Allen Hamilton in the 4th quarter valued at $27,000. Finally, West Branch Capital LLC raised its holdings in 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 valued at $28,000 after acquiring an additional 105 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Company Profile

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.