Booz Allen Hamilton (NYSE:BAH) Upgraded to “Strong-Buy” at Cantor Fitzgerald

Cantor Fitzgerald upgraded shares of Booz Allen Hamilton (NYSE:BAH) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports. Cantor Fitzgerald also issued estimates for Booz Allen Hamilton’s FY2025 earnings at $7.20 EPS.

Other equities analysts have also issued research reports about the stock. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research note on Monday, February 3rd. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. The Goldman Sachs Group dropped their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. UBS Group began coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. Finally, Truist Financial reduced their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $110.92 on Tuesday. Booz Allen Hamilton has a 1 year low of $106.69 and a 1 year high of $190.59. The business’s fifty day moving average is $128.17 and its two-hundred day moving average is $147.07. The stock has a market capitalization of $14.05 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.25 and a beta of 0.55. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. On average, research analysts forecast that Booz Allen Hamilton will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a $0.55 dividend. The ex-dividend date is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 1.98%. Booz Allen Hamilton’s payout ratio is 32.79%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Norges Bank bought a new stake in Booz Allen Hamilton in the fourth quarter worth $196,578,000. Raymond James Financial Inc. acquired a new position in shares of Booz Allen Hamilton during the 4th quarter valued at about $173,055,000. Janus Henderson Group PLC raised its stake in shares of Booz Allen Hamilton by 179.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider’s stock valued at $227,425,000 after acquiring an additional 1,135,426 shares in the last quarter. Man Group plc lifted its holdings in Booz Allen Hamilton by 2,293.2% in the 4th quarter. Man Group plc now owns 1,128,389 shares of the business services provider’s stock worth $145,224,000 after purchasing an additional 1,081,239 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Booz Allen Hamilton by 61.4% during the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider’s stock worth $199,770,000 after purchasing an additional 590,655 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

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.