Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives Consensus Rating of “Reduce” from Brokerages

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been assigned a consensus recommendation of “Reduce” from the fifteen brokerages that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $83.6923.

Several equities research analysts have recently weighed in on BAH shares. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, May 26th. The Goldman Sachs Group cut their target price on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a research report on Tuesday, July 14th. UBS Group upped their target price on Booz Allen Hamilton from $70.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, July 27th. TD Cowen decreased their price target on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a research report on Tuesday, July 7th. Finally, BNP Paribas Exane assumed coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price target on the stock.

Institutional Investors Weigh In On Booz Allen Hamilton

Several hedge funds have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Booz Allen Hamilton by 15.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 128,890 shares of the business services provider’s stock valued at $10,941,000 after buying an additional 17,686 shares in the last quarter. Weiss Asset Management LP bought a new position in Booz Allen Hamilton during the first quarter valued at approximately $12,945,000. Legal & General Group Plc raised its position in Booz Allen Hamilton by 9.9% during the fourth quarter. Legal & General Group Plc now owns 537,400 shares of the business services provider’s stock valued at $45,335,000 after acquiring an additional 48,457 shares in the last quarter. Bank of America Corp DE lifted its stake in Booz Allen Hamilton by 2.6% in the first quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock valued at $87,181,000 after acquiring an additional 28,462 shares during the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in Booz Allen Hamilton by 1,624.2% in the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 51,725 shares of the business services provider’s stock worth $4,364,000 after acquiring an additional 48,725 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $72.31 on Friday. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.60 and a quick ratio of 1.59. The firm’s 50 day moving average is $70.99 and its 200-day moving average is $74.72. Booz Allen Hamilton has a 12-month low of $59.50 and a 12-month high of $109.10. The stock has a market capitalization of $8.70 billion, a P/E ratio of 11.37, a P/E/G ratio of 3.72 and a beta of 0.36.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.49 by $0.32. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The business’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Equities research analysts anticipate that Booz Allen Hamilton will post 6.33 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 37.11%.

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.