Joshua Petty, Executive Vice President and General Counsel at Booz Allen Hamilton Holding Corp, sold 1,500 shares on October 28, 2026, at $82.92 per share for a total of $124,380. His direct beneficial ownership after the sale stands at 8,538 shares.
Booz Allen reported fiscal second-quarter adjusted earnings of $1.76 per share, beating Wall Street expectations of $1.48. Revenue came in at $2.8 billion, slightly below the forecast of $2.81 billion and down 3.9% year-over-year. The company generated $263 million in free cash flow and raised its total backlog to nearly $41 billion, with funded backlog climbing 5% to $5.7 billion.
On October 20, 2026, the Compensation, Culture and People Committee approved a modification to Petty's restricted stock unit vesting schedule. His 3,004 units granted on May 26, 2026, will now vest quarterly over three years instead of in three equal installments. Approximately 16.67% vested on November 6, 2026, with the remaining 83.33% scheduled to vest in ten equal quarterly installments starting January 13, 2027, subject to his continued service.
Analyst reaction was mixed. UBS raised its price target to $86 citing backlog growth. BofA Securities lowered its target to $68, attributing the earnings beat largely to a favorable tax rate. TD Cowen upgraded the stock to Buy with a $95 price target, highlighting improvements in funded backlog and federal civilian sales.
BAH stock has climbed to $88.49, a 13% gain over the past week.