Booz Allen Hamilton Slides as Federal Spending Fears Hit Consulting Names

Booz Allen Hamilton (BAH) is down 6.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears to be driven less by a new company-specific announcement and more by renewed concern around federal and consulting spending. Another large consulting peer cut its growth outlook on June 18 while pointing to U.S. federal pressure, and that likely amplified worries around Booz Allen because the company has already been navigating weakness in its civil business and only projected flat to low-single-digit revenue growth for fiscal 2027.

Details:

Booz Allen’s most recent annual results showed fiscal 2026 revenue of $11.2 billion, down 6.4% year over year, with management describing the year as unusually challenging.

The company’s fiscal 2027 guidance called for revenue of $11.2 billion to $11.7 billion, which implies 0% to 4% growth and does not suggest a sharp rebound.

Booz Allen disclosed earlier this year that the Treasury contract cancellations announced in January are expected to affect less than 1% of fiscal 2027 revenue, so today’s drop does not appear tied to a newly disclosed hit of that size.

A major peer’s June 18 earnings update highlighted softer federal demand and weaker growth expectations, which could be because investors are extrapolating similar budget and procurement pressure across government-focused consulting firms.

Sources:

Booz Allen Hamilton, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BAH Insider Trading Activity

$BAH insiders have traded $BAH stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BAH stock by insiders over the last 6 months:

DENNIS METZFIELD (VP, PAO & Controller) sold 350 shares for an estimated $27,506

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$BAH Hedge Fund Activity

We have seen 234 institutional investors add shares of $BAH stock to their portfolio, and 527 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 2,755,464 shares (+321.9%) to their portfolio in Q1 2026, for an estimated $215,008,855
FIRST TRUST ADVISORS LP removed 2,191,990 shares (-45.1%) from their portfolio in Q1 2026, for an estimated $171,040,979
ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. added 1,978,319 shares (+23795.0%) to their portfolio in Q1 2026, for an estimated $154,368,231
MORGAN STANLEY removed 1,685,674 shares (-30.6%) from their portfolio in Q1 2026, for an estimated $131,533,142
QUBE RESEARCH & TECHNOLOGIES LTD removed 1,675,783 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $141,369,053
PRICE T ROWE ASSOCIATES INC /MD/ added 1,415,740 shares (+27.1%) to their portfolio in Q1 2026, for an estimated $110,470,192
JANUS HENDERSON GROUP PLC removed 1,314,270 shares (-97.2%) from their portfolio in Q4 2025, for an estimated $110,871,817

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BAH Government Contracts

We have seen $6,255,035,886 of award payments to $BAH over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

SERVICE SOLUTIONS FOR MODERNIZATION ANALYSIS READINESS CAPABILITY THREAT AND TRAINING SSMARTT: $426,477,417
TASK ORDER AWARD: $317,468,045
NEW TO - EHRM PMO IO SUPPORT: $274,653,712
THE CONTRACTOR SHALL PROVIDE SHIPPABLE PRODUCTS, OPERATIONS SUPPORT, AND SECURITY COMPLIANCE FOR THE HEALTH...: $201,044,111
CDM DEFEND GROUP BD BRIDGE TASK ORDER: $188,370,885

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$BAH Price Targets

Multiple analysts have issued price targets for $BAH recently. We have seen 5 analysts offer price targets for $BAH in the last 6 months, with a median target of $85.0.

Here are some recent targets:

Jonathan Siegmann from Stifel set a target price of $110.0 on 05/26/2026
Seth Seifman from JP Morgan set a target price of $85.0 on 05/26/2026
Tobey Sommer from Truist Securities set a target price of $85.0 on 04/20/2026
John Godyn from Citigroup set a target price of $87.0 on 04/02/2026
David Strauss from Wells Fargo set a target price of $85.0 on 04/01/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.