Truist Financial Cuts Booz Allen Hamilton (NYSE:BAH) Price Target to $85.00

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

A number of other brokerages have also commented on BAH. UBS Group reaffirmed a “neutral” rating and issued a $97.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Stifel Nicolaus raised their price target on Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Citigroup lowered their price objective on 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. Finally, Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Reduce” and a consensus target price of $94.17.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $77.42 on Monday. The stock has a fifty day moving average of $79.38 and a 200 day moving average of $85.96. Booz Allen Hamilton has a 52 week low of $73.93 and a 52 week high of $130.91. The firm has a market capitalization of $9.34 billion, a price-to-earnings ratio of 11.50, a PEG ratio of 4.68 and a beta of 0.35. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.

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

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given 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 3.0%. Booz Allen Hamilton’s dividend payout ratio is 35.07%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Union Bancaire Privee UBP SA raised its position in shares of Booz Allen Hamilton by 4.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 13,494 shares of the business services provider’s stock worth $1,053,000 after purchasing an additional 562 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of Booz Allen Hamilton in the 1st quarter worth about $2,731,000. Fifth Third Wealth Advisors LLC raised its position in shares of Booz Allen Hamilton by 10.3% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,992 shares of the business services provider’s stock worth $311,000 after purchasing an additional 373 shares during the last quarter. XML Financial LLC purchased a new position in shares of Booz Allen Hamilton in the 1st quarter worth about $220,000. Finally, BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Booz Allen Hamilton by 1,438.5% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 84,912 shares of the business services provider’s stock worth $6,626,000 after purchasing an additional 79,393 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other 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.