Recent chatter on X about Parsons Corporation (PSN) has been buzzing, largely driven by the company’s announcement of a significant $30 million contract with the US Army for radar development. Many users are highlighting the potential for this deal to bolster long-term growth in the defense sector, with some pointing to it as a sign of strong future performance.
However, there are also voices of caution, with discussions around the challenges of execution and whether such contracts can sustain momentum amid broader market uncertainties. The conversation reflects a mix of excitement and scrutiny as stakeholders weigh the implications of this development.
Note: This discussion summary was generated from an AI condensation of post data.
Parsons Corporation Hedge Fund Activity
We have seen 211 institutional investors add shares of Parsons Corporation stock to their portfolio, and 166 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,428,858 shares (+90.0%) to their portfolio in Q2 2025, for an estimated $102,549,138
- MILLENNIUM MANAGEMENT LLC removed 1,321,714 shares (-91.6%) from their portfolio in Q2 2025, for an estimated $94,859,413
- CITADEL ADVISORS LLC removed 1,283,491 shares (-74.1%) from their portfolio in Q2 2025, for an estimated $92,116,149
- NEWPORT TRUST COMPANY, LLC removed 846,938 shares (-1.6%) from their portfolio in Q2 2025, for an estimated $60,784,740
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added 793,807 shares (+72.5%) to their portfolio in Q2 2025, for an estimated $56,971,528
- JUNTO CAPITAL MANAGEMENT LP added 762,616 shares (+inf%) to their portfolio in Q2 2025, for an estimated $54,732,950
- AQR CAPITAL MANAGEMENT LLC added 639,481 shares (+151.5%) to their portfolio in Q2 2025, for an estimated $45,895,551
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Parsons Corporation Government Contracts
We have seen $1,686,142,870 of award payments to $PSN over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- CARE LOGISTICAL SUPPORT SERVICES - CLSS: $471,650,000
- BOLD VENTURE: $197,172,785
- NEW AMMONIUM NITRATE SOLUTION TANK FARM AT THE HOLSTON ARMY AMMUNITION PLANT IN KINGSPORT TENNESSEE: $176,032,926
- THE PURPOSE OF THIS AWARD IS FOR THE C5ISR, EXERCISES, OPERATIONS, AND INFORMATION SERVICES (CEOIS) TASK OR...: $148,418,002
- EO14042 TEAMS-NEXT MISSILE DEFENSE SYSTEMS ENGINEERING: $135,507,595
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Parsons Corporation Analyst Ratings
Wall Street analysts have issued reports on $PSN in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Truist Securities issued a "Buy" rating on 09/30/2025
- Keybanc issued a "Overweight" rating on 09/29/2025
- Baird issued a "Outperform" rating on 08/07/2025
- Stifel issued a "Buy" rating on 06/24/2025
- Goldman Sachs issued a "Buy" rating on 06/04/2025
- B of A Securities issued a "Buy" rating on 06/03/2025
To track analyst ratings and price targets for Parsons Corporation, check out Quiver Quantitative's $PSN forecast page.
Parsons Corporation Price Targets
Multiple analysts have issued price targets for $PSN recently. We have seen 9 analysts offer price targets for $PSN in the last 6 months, with a median target of $87.0.
Here are some recent targets:
- Tobey Sommer from Truist Securities set a target price of $100.0 on 09/30/2025
- Sangita Jain from Keybanc set a target price of $87.0 on 09/29/2025
- Andrew Wittmann from Baird set a target price of $100.0 on 09/17/2025
- Noah Poponak from Goldman Sachs set a target price of $81.0 on 08/13/2025
- Brian Gesuale from Raymond James set a target price of $90.0 on 07/08/2025
- Sheila Kahyaoglu from Jefferies set a target price of $80.0 on 07/02/2025
- Jonathan Siegmann from Stifel set a target price of $81.0 on 06/24/2025
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.
