Booz Allen Hamilton (NYSE:BAH) Earns "Hold" Rating from TD Cowen

Key Points

• Booz Allen Hamilton has received a "hold" rating from TD Cowen, with a price target reduced to $105.00, indicating a potential upside of 7.89% from its previous close.
• The company's recent quarterly earnings showed earnings per share (EPS) of $1.48, beating estimates, although revenue fell slightly by 0.6% compared to last year.
• Recent institutional investments have significantly increased, with several hedge funds boosting their positions in Booz Allen Hamilton stock, resulting in over 91% of the stock being held by institutional investors.

Booz Allen Hamilton (NYSE:BAH - Get Free Report)'s stock had its "hold" rating reaffirmed by stock analysts at TD Cowen in a research report issued on Friday,Benzinga reports. They presently have a $105.00 price target on the business services provider's stock, down from their previous price target of $125.00. TD Cowen's price objective suggests a potential upside of 7.89% from the company's previous close.

A number of other equities research analysts also recently commented on BAH. Stifel Nicolaus lifted their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a report on Monday, July 28th. Cowen lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Friday. William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the company a "neutral" rating in a report on Monday, July 28th. Finally, Zacks Research lowered shares of Booz Allen Hamilton from a "hold" rating to a "strong sell" rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $129.45.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $97.32 on Friday. The company has a 50 day moving average price of $104.10 and a 200-day moving average price of $108.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. Booz Allen Hamilton has a fifty-two week low of $95.05 and a fifty-two week high of $190.59. The company has a market capitalization of $11.99 billion, a PE ratio of 11.96, a P/E/G ratio of 1.52 and a beta of 0.42.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. During the same period last year, the company posted $1.38 earnings per share. Booz Allen Hamilton's revenue was down .6% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, equities analysts forecast that Booz Allen Hamilton will post 6.44 earnings per share for the current year.

Institutional Investors Weigh In On Booz Allen Hamilton

Institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $168,069,000. Wellington Management Group LLP grew its position in shares of Booz Allen Hamilton by 603.1% in the 1st quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider's stock valued at $151,266,000 after buying an additional 1,240,689 shares during the last quarter. Primecap Management Co. CA grew its position in shares of Booz Allen Hamilton by 2,011.8% in the 2nd quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider's stock valued at $131,939,000 after buying an additional 1,207,058 shares during the last quarter. AQR Capital Management LLC raised its position in Booz Allen Hamilton by 288.4% in the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider's stock valued at $168,491,000 after purchasing an additional 1,204,446 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in Booz Allen Hamilton by 187.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider's stock valued at $168,136,000 after purchasing an additional 1,021,809 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.

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