Booz Allen Hamilton (NYSE:BAH) Rating Increased to Hold at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Booz Allen Hamilton (NYSE:BAH) to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Several other equities analysts have also commented on the company. Citigroup raised their price target 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 report on Tuesday, March 3rd. Jefferies Financial Group lowered their price objective on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. Truist Financial set a $98.00 target price on shares of Booz Allen Hamilton in a report on Friday, January 23rd. Finally, DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Reduce” and an average target price of $97.08.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $80.45 on Tuesday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The company has a market capitalization of $9.70 billion, a PE ratio of 11.95, a P/E/G ratio of 4.58 and a beta of 0.37. The company has a 50 day moving average price of $81.70 and a 200-day moving average price of $87.97. Booz Allen Hamilton has a fifty-two week low of $73.93 and a fifty-two week high of $130.91.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.26 by $0.51. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was down 10.2% on a year-over-year basis. During the same period last year, the business posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, equities analysts forecast that Booz Allen Hamilton will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio is presently 35.07%.

Institutional Investors Weigh In On Booz Allen Hamilton

Institutional investors have recently added to or reduced their stakes in the stock. Activest Wealth Management lifted its position 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 buying an additional 178 shares during the last quarter. Torren Management LLC purchased a new position in shares of Booz Allen Hamilton in the 4th quarter worth approximately $26,000. Rakuten Securities Inc. raised its stake in shares of Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth approximately $27,000. Finally, West Branch Capital LLC lifted its position in Booz Allen Hamilton by 58.3% during the third 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 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.