Booz Allen Hamilton (BAH) – Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Booz Allen Hamilton (NYSE: BAH):

• 10/30/2024 – Booz Allen Hamilton was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 10/29/2024 – Booz Allen Hamilton had its price target raised by analysts at Barclays PLC from $142.00 to $175.00. They now have an “underweight” rating on the stock.
• 10/28/2024 – Booz Allen Hamilton had its price target raised by analysts at Wells Fargo & Company from $185.00 to $206.00. They now have an “overweight” rating on the stock.
• 10/28/2024 – Booz Allen Hamilton had its price target raised by analysts at Truist Financial Co. from $165.00 to $185.00. They now have a “hold” rating on the stock.
• 10/22/2024 – Booz Allen Hamilton was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 10/14/2024 – Booz Allen Hamilton was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 10/10/2024 – Booz Allen Hamilton had its price target raised by analysts at The Goldman Sachs Group, Inc. from $174.00 to $196.00. They now have a “buy” rating on the stock.
• 10/2/2024 – Booz Allen Hamilton was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $158.00 price target on the stock, up previously from $154.00.
• 10/1/2024 – Booz Allen Hamilton had its price target raised by analysts at Wells Fargo & Company from $165.00 to $185.00. They now have an “overweight” rating on the stock.
• 9/25/2024 – Booz Allen Hamilton was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 9/5/2024 – Booz Allen Hamilton had its price target raised by analysts at Truist Financial Co. from $140.00 to $165.00. They now have a “hold” rating on the stock.

Booz Allen Hamilton Stock Performance

BAH opened at $181.73 on Friday. The firm has a market capitalization of $23.48 billion, a PE ratio of 39.51, a PEG ratio of 2.33 and a beta of 0.59. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton Holding Co. has a twelve month low of $118.07 and a twelve month high of $189.13. The firm’s 50-day moving average price is $160.83 and its 200 day moving average price is $154.33.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a yield of 1.12%. Booz Allen Hamilton’s payout ratio is 44.35%.

Insiders Place Their Bets

In related news, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the sale, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,173 shares of company stock valued at $1,989,220. Insiders own 1.59% of the company’s stock.

Hedge Funds Weigh In On Booz Allen Hamilton

Several large investors have recently made changes to their positions in BAH. Diversified Trust Co purchased a new stake in shares of Booz Allen Hamilton in the 1st quarter valued at $425,000. Allspring Global Investments Holdings LLC grew its position in Booz Allen Hamilton by 1.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 110,191 shares of the business services provider’s stock valued at $16,357,000 after acquiring an additional 1,507 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Booz Allen Hamilton by 6.8% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 295,447 shares of the business services provider’s stock worth $43,856,000 after purchasing an additional 18,815 shares during the period. First Trust Direct Indexing L.P. lifted its position in shares of Booz Allen Hamilton by 17.1% during the first quarter. First Trust Direct Indexing L.P. now owns 1,961 shares of the business services provider’s stock worth $291,000 after purchasing an additional 287 shares in the last quarter. Finally, Norden Group LLC boosted its stake in shares of Booz Allen Hamilton by 12.2% in the first quarter. Norden Group LLC now owns 5,263 shares of the business services provider’s stock valued at $781,000 after purchasing an additional 572 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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.