12 Best Consulting Stocks to Buy According to Hedge Funds

3. Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Number of Hedge Fund Investors: 48

Booz Allen Hamilton Holding Corporation (NYSE:BAH) provides management consulting services to the United States government. Other services include cloud computing and cybersecurity consulting, as well as engineering consulting. The consultancy services are geared toward defense, intelligence, and civic markets. Moreover, the firm offers management and technology consulting services to large companies, institutions, and non-profit organizations. The company aids clients with long-term contracts across the globe.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) reported positive financial performance in Q3 FY2025, with 14% revenue growth, 13% organic growth, and an adjusted EBITDA of $332 million at an 11.4% margin. The company announced a record backlog of $39 billion, up 15% YoY.

Booz Allen Hamilton Holding Corporation (NYSE:BAH)  currently has the largest artificial intelligence business in the federal government and is one of the world’s leading cybersecurity firms. To improve its market position, the company extended partnership agreements with Palantir Technologies and Amazon Web Services to drive advances in cloud migration, cybersecurity, and generative AI.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) also spent roughly $150 million on share repurchases and raised its dividend by $0.04 per share. Headcount grew by 6% YoY, and the company anticipates double-digit growth for the fiscal year, with an updated revenue growth target of 12% to 13%.