Citigroup Cuts Booz Allen Hamilton (NYSE:BAH) Price Target to $87.00

Booz Allen Hamilton (NYSE:BAH) had its price objective cut by Citigroup from $109.00 to $87.00 in a report published on Thursday,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.

Other equities research analysts have also issued reports about the company. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 23rd. Jefferies Financial Group dropped their target price on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a report on Thursday, December 18th. Truist Financial set a $98.00 price target on shares of Booz Allen Hamilton in a report on Friday, January 23rd. Wells Fargo & Company assumed coverage on shares of Booz Allen Hamilton in a research report on Wednesday. They set an “equal weight” rating and a $85.00 price objective on the stock. Finally, Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $95.25.

Booz Allen Hamilton Trading Down 0.1%

Booz Allen Hamilton stock opened at $83.06 on Thursday. Booz Allen Hamilton has a 52 week low of $73.93 and a 52 week high of $130.91. 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 firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 12.34, a P/E/G ratio of 4.77 and a beta of 0.35. The company has a 50 day moving average price of $81.06 and a 200 day moving average price of $87.71.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating 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 net margin of 7.35% and a return on equity of 76.79%. The company’s revenue was down 10.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Research analysts forecast that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.8%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio is 35.07%.

Institutional Trading of Booz Allen Hamilton

Several large investors have recently made changes to their positions in BAH. Activest Wealth Management lifted its holdings in Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after purchasing an additional 178 shares during the last quarter. Torren Management LLC acquired a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $26,000. Rakuten Securities Inc. grew its holdings in Booz Allen Hamilton by 414.6% during the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 199 shares during the last quarter. Aventura Private Wealth LLC bought a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $27,000. Finally, West Branch Capital LLC raised its position in shares of Booz Allen Hamilton by 58.3% in the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 105 shares during the period. 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.