Parsons (PSN)

• Market cap: $8.17B
• 1 day: -0.81%
• 5 days: -0.97%
• 1 month: -15.05%
• 3 months: -30.25%
• 6 months: -13.11%
• Year to date: -15.03%
• 1 year: 16.87%
• 5 years: 80.67%
• 10 years: 155.77%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

Employees: 6,551

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

9,515% more call options, than puts

Call options by funds: $268M | Put options by funds: $2.79M

150% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 10 (+6) [Q3]

88% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 49

27% more capital invested

Capital invested by funds: $8.68B [Q2] → $11.1B (+$2.37B) [Q3]

11% more funds holding

Funds holding: 342 [Q2] → 378 (+36) [Q3]

0.5% more ownership

Funds ownership: 99.84% [Q2] → 100.34% (+0.5%) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 126

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $100 30% upside
• Avg. target: $106 37% upside
• High target: $111 44% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Jefferies Sheila Kahyaoglu 66% 1-year accuracy 23 / 35 met price target	30% upside $100	Buy Maintained	24 Jan 2025
Keybanc Sangita Jain 47% 1-year accuracy 20 / 43 met price target	33% upside $102	Overweight Maintained	8 Jan 2025
TD Cowen Gautam Khanna 79% 1-year accuracy 11 / 14 met price target	37% upside $105	Buy Maintained	8 Jan 2025
Goldman Sachs Noah Poponak 72% 1-year accuracy 18 / 25 met price target	44% upside $111	Buy Upgraded	12 Dec 2024
Truist Securities Tobey Sommer 45% 1-year accuracy 21 / 47 met price target	43% upside $110	Buy Maintained	22 Nov 2024