Bastion Asset Management Inc. Invests $8.04 Million in Parsons Corporation $PSN
Bastion Asset Management Inc. recently acquired a new position in Parsons Corporation (NYSE:PSN), purchasing 128,186 shares valued at approximately $8.04 million, which represents 4.4% of Bastion's holdings. This investment comes as Parsons reported quarterly earnings of $0.79 per share, surpassing analyst estimates, despite a slight revenue decline. Insider buying activity further underscores confidence in the company, while analysts maintain a "Moderate Buy" rating with an average price target of $78.17.
Parsons Celebrates the Opening of D Line Subway Extension Section 1
Parsons Corporation announced the opening of Section 1 of the Los Angeles County Transportation Authority's D Line Subway Extension, for which Parsons served as the lead designer. This 3.9-mile extension introduces three new underground stations, improving commuter access and connecting neighborhoods to major cultural institutions. The project aims to reduce traffic congestion, enhance air quality, and provide sustainable transportation solutions for the community.
New LA subway link brings riders to LACMA and Beverly Hills
Parsons (NYSE: PSN) announced the opening of Section 1 of the Los Angeles Metro D Line Subway Extension, for which it served as lead designer. This 3.9-mile extension connects Wilshire/Western to Beverly Hills with three new underground stations, aiming to alleviate traffic congestion, improve air quality, and enhance access to cultural institutions like LACMA. The full D Line Extension will eventually span nine miles and is expected to provide safe and sustainable transportation solutions for the community.
The Bull Case For Parsons (PSN) Could Change Following New Long-Term Air Force A‑E Award - Learn Why
Parsons Corporation recently secured a significant long-term contract with the U.S. Air Force, valued at US$136 million over 8.5 years, for architect-engineer services at Hill Air Force Base. This award, along with other recent federal contracts like the U.S. Army Corps of Engineers US$2 billion ERCIP MATOC, reinforces Parsons' focus on government infrastructure and installation modernization. While these contracts are expected to drive sentiment and revenue, investors should be mindful of the concentration risk in federal programs, with some analysts holding more cautious views on Parsons' ability to convert these opportunities into sustained long-term earnings growth.
Director at Parsons (NYSE: PSN) adds 10,000 shares at $50
Parsons Corp director George L. Ball purchased 10,000 shares of common stock at $50.00 per share on May 13, 2026, increasing his direct holdings to 150,383 shares. An additional 205,000 shares are held in a family trust over which he has shared control. This open-market transaction, detailed in a Form 4 SEC filing, represents a $500,000 investment and indicates insider confidence.
Parsons Corp (PSN) director adds 10,000 shares in open-market purchases
Parsons Corp director Mark Keith Holdsworth reported open-market purchases of 10,000 shares of company common stock on May 12, 2026. The shares were bought in two transactions at weighted-average prices of $51.54 and $50.70 per share. Following these purchases, Holdsworth directly owns 39,918 shares of Parsons common stock.
Is Parsons Corp (PSN) a Bargain After 4.5% Drop? GF Value Says Undervalued
Parsons Corp (PSN) shares recently dropped by 4.5%, contributing to an 18.5% year-to-date and 22.9% year-over-year decline. Despite this, GuruFocus's GF Value™ indicates the stock is significantly undervalued by 37.0% compared to its intrinsic value of $79.93, with a GF Score™ of 79/100 suggesting strong long-term potential. Insider buying activity further signals confidence, as insiders have purchased $1.1 million in shares over the past three months without any selling.
Parsons Drops 6.4% Amid Sector-Wide Selling
Parsons Corporation experienced a 6.4% drop in its stock price, closing at $49.33, as a result of a widespread sell-off across the Information Technology Services sector. This decline, which also affected several of Parsons' peers, suggests a broader sentiment shift among investors away from government IT contractors and enterprise service providers, rather than company-specific concerns. The synchronized movement of stocks in the sector points to external factors like macro conditions or changes in government spending outlooks influencing investor behavior.
Insider Buying: Mark Holdsworth Acquires 10,000 Shares of Parsons Corp (PSN)
Mark Holdsworth, a Director at Parsons Corp (PSN), recently purchased 10,000 shares of the company, increasing his total holdings to 39,918 shares. This purchase reflects a positive insider sentiment, as there have been three insider buys and no sells over the past year. Parsons Corp's stock appears significantly undervalued with a price-to-GF-Value ratio of 0.64, despite its P/E ratio being higher than the industry median.
Insider Buying: Harry Mcmahon Acquires Shares in Parsons Corp (P
Harry Mcmahon, a Director at Parsons Corp (PSN), recently purchased 10,000 shares, increasing his total holdings to 61,582 shares. This transaction is part of a trend of insider buying at the company, with two insider buys and no sells over the past year. Parsons Corp is considered significantly undervalued with a price-to-GF-Value ratio of 0.61, suggesting a potential investment opportunity.
[Form 4] PARSONS CORP Insider Trading Activity
Parsons Corp director Harry T. McMahon purchased 10,000 shares of common stock in an open-market transaction on May 11, 2026, at $49.14 per share, totaling $491,400. Following this transaction, McMahon directly owns 61,582 Parsons shares. The insider trade is categorized as a "buy" with a positive filing sentiment.
Is Parsons Corporation (PSN) Among the Best Transport Infrastructure Stocks to Buy for 2026?
Parsons Corporation (NYSE: PSN) is considered one of the best transport infrastructure stocks for 2026 due to its strategic partnerships and significant contracts. The company has partnered with Everywhere Communications to advance autonomous drone capabilities and secured a contract with The Boring Company for the Dubai Loop project. These initiatives highlight Parsons' dual engines of growth in defense innovation and global transport development, leading to a strong long-term outlook.
Parsons Shares Jumping 6.4% on Parsons Awarded Position on $136 Million Air Force Contract
Parsons Corporation (PSN) saw its shares climb 6.4% after securing a position on a $136 million U.S. Air Force contract. This contract win signals continued momentum in its federal business and reflects strong investor confidence in the company's ability to secure large-scale government technology contracts, indicating a positive outlook for its growth trajectory in 2026.
Parsons bags $136M US Air Force contract
Parsons has been awarded a $136 million contract by the U.S. Air Force. This contract is for services related to the Air Force's missions.
Parsons (PSN) Secures $136 Million Contract with U.S. Air Force
Parsons Corporation (PSN) has secured a $136 million contract with the U.S. Air Force for architect-engineer services at Hill Air Force Base, spanning 8.5 years. This contract, focusing on infrastructure design, renovation, maintenance, and cybersecurity services, strengthens Parsons' position in defense and critical infrastructure. The company’s GF Score™ of 78/100 indicates strong overall performance, though its financial strength warrants some caution.
Parsons stock gains after securing $136M Air Force contract
Parsons Corporation (NYSE:PSN) shares rose after the company secured a multiple award task order contract worth up to $136 million from the United States Air Force for architect-engineer services at Hill Air Force Base. The 8.5-year contract covers various infrastructure needs including design, alteration, and repair of airfields, buildings, and utilities. Additionally, the company's CEO, Carey A. Smith, recently purchased 12,500 shares of common stock.
Parsons Just Landed Another Pentagon Deal – And PSN Stock Is Moving Higher
Parsons Corp (PSN) secured a new multiple-award task order contract from the United States Air Force with a ceiling value of $136 million for architect-engineer services at Hill Air Force Base. This marks Parsons' second Pentagon award in May. The contract covers various infrastructure and cybersecurity-related design services, causing PSN stock to rise over 1.5% premarket.
Air Force picks Parsons for $136M, 8.5-year Hill AFB work
Parsons (NYSE: PSN) has been selected for a multiple award task order contract by the U.S. Air Force at Hill Air Force Base, valued at up to $136 million over 8.5 years. The contract involves providing architect-engineer services for infrastructure design, alteration, and repair, including cybersecurity-related design. While the contract offers a long-term opportunity, actual revenue for Parsons depends on successfully competing for individual task orders.
Parsons to Present at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference
Parsons Corporation (NYSE: PSN) announced that its chair, president, and CEO, Carey Smith, along with CFO Matt Ofilos, will participate in a fireside chat at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference on May 13, 2026. The presentation will be webcast live on Parsons' investor relations website, with a replay available for 30 days. Parsons is a technology provider in national security and global infrastructure markets.
Parsons (NYSE: PSN) CEO adds 12,500 shares in open-market purchases
Parsons Corp President & CEO Carey A. Smith purchased 12,500 shares of company stock in open-market transactions on May 8, 2026, at approximately $50 per share. This transaction increased his direct holdings to 575,376 shares, plus additional indirect shares held through an ESOP. The purchases are viewed positively, signaling confidence from the CEO in the company's prospects.
Bank of America hosts Parsons leaders in May 13 investor Q&A
Parsons (NYSE: PSN) announced that its chair, president, and CEO Carey Smith, along with CFO Matt Ofilos, will participate in a fireside chat at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference on May 13, 2026, at 2:55 p.m. ET. The session will be live-streamed on Parsons’ investor relations website, with a replay available for 30 days. This event is part of Parsons' ongoing investor outreach, following recent contract wins and a strong Q1 2026 performance with a record backlog.
Parsons Lands $34M DTRA Option Year for Nuclear Vulnerability Assessments
Parsons Corp. announced that the Defense Threat Reduction Agency (DTRA) has exercised Option Year 3, valued at $34 million, for nuclear vulnerability assessments. This is part of a larger $170 million indefinite-delivery, indefinite-quantity contract. Parsons will continue to provide technical support and strategic mission analyses for DTRA's Nuclear Enterprise Mission Assurance Department.
The Bull Case For Parsons (PSN) Could Change Following Major Energy Resilience MATOC Win - Learn Why
Parsons Corporation has secured a position on a US$2.00 billion U.S. Army Corps of Engineers MATOC for energy resilience, along with other contracts. This strategic win reinforces Parsons' focus on higher-value defense, energy resilience, and complex infrastructure projects. While this is positive for strengthening Parsons' backlog quality and business mix, investors should be aware of the inherent risks associated with reliance on large government funding cycles.
Principal Financial Group Inc. Decreases Position in Parsons Corporation $PSN
Principal Financial Group Inc. reduced its stake in Parsons Corporation (NYSE:PSN) by 13.6% in the fourth quarter, selling over 115,000 shares but still retaining a significant holding worth approximately $45 million. Despite this, Wall Street analysts maintain a "Moderate Buy" consensus for Parsons, with several lowering their price targets. Parsons' shares experienced a 3.8% drop, nearing their 52-week low, even as the company surpassed EPS estimates in its recent earnings report.
A Look at Parsons Corp (PSN) After 4.0% Decline -- GF Value $79.85 vs Price $49.18
Parsons Corp (PSN) shares recently fell by 4.0% to $49.18, trading close to its 52-week low. GuruFocus estimates the stock to be 38.4% undervalued with a GF Value of $79.85, suggesting a potential investment opportunity despite low recent momentum. The company has a strong GF Score of 78/100, indicating good long-term return potential driven by strong profitability and growth, but current valuation and price performance are areas of concern.
Parsons Corporation $PSN Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. reduced its stake in Parsons Corporation (NYSE:PSN) by 1.9% in the fourth quarter, selling nearly 99,000 shares but still holding 4.67% of the company worth approximately $307.7 million. Despite institutional ownership of about 98.02%, the company's shares are trading near $51, significantly below their 12-month high. Analysts maintain a "Moderate Buy" rating with an average target price of $78.17, although some recent price objectives have been lowered.
Swedbank AB Acquires 913,079 Shares of Parsons Corporation $PSN
Swedbank AB significantly increased its stake in Parsons Corporation (NYSE:PSN) by 654.7% in the fourth quarter, acquiring 913,079 shares to hold a total of 1,052,541 shares valued at $65 million. This increase brings Swedbank AB's ownership to approximately 0.99% of the company. Parsons reported a positive earnings per share beat of $0.79 against an expected $0.70, despite a 4.1% year-over-year revenue decrease, and currently holds a "Moderate Buy" consensus rating from analysts with an average target price of $78.17.
Parsons wins $34M option year for defense threat reduction work
Parsons Corporation has secured a $34 million option year from the Defense Threat Reduction Agency (DTRA) for vulnerability assessments, continuing its support for the Nuclear Enterprise Mission Assurance Department. This contract win comes despite Parsons shares trading near their 52-week low, with analysts maintaining a positive outlook and suggesting the company is undervalued. Parsons has a long history of working with DTRA on threat reduction and nuclear security programs, and has recently announced other significant contract wins and strategic partnerships.
Parsons Secures $34 Million DTRA Award to Continue Nuclear Enterprise Mission Assurance Support
Parsons Corporation has been awarded a $34 million contract by the Defense Threat Reduction Agency (DTRA) to continue its support for the Nuclear Enterprise Mission Assurance (NE-MA) Department. This award is Option Year 3 under a larger $170 million IDIQ contract, focusing on vulnerability assessments, technical support, and strategic mission analyses. The work aims to enhance resilience and operational readiness of nuclear enterprise programs, reinforcing national and global security.
DTRA extends Parsons nuclear mission assurance work with $34M option
Parsons (NYSE: PSN) announced that the Defense Threat Reduction Agency (DTRA) has exercised a $34 million option year for its Vulnerability Assessments task order, extending its support for DTRA's Nuclear Enterprise Mission Assurance department for another year. This award continues Parsons' long-standing relationship with DTRA and covers services like vulnerability assessments, technical review, and strategic mission analyses. The contract is part of a larger $170 million IDIQ and reinforces Parsons' role in national security initiatives.
Parsons Corporation Secures $34 Million DTRA Award to Continue Nuclear Enterprise Mission Assurance Support
Parsons Corporation has been awarded a $34 million option year contract by the Defense Threat Reduction Agency (DTRA) to continue providing nuclear enterprise mission assurance support. This award, part of a $170 million IDIQ, will see Parsons deliver vulnerability assessments and technical support critical to national and global security initiatives. The company has supported DTRA for over two decades in various threat reduction programs.
Parsons (NYSE:PSN) - Stock Analysis
This article provides a detailed stock analysis of Parsons (NYSE:PSN), highlighting its current market valuation, future growth prospects, past performance, and financial health. It notes that Parsons is trading below its fair value, with anticipated earnings growth, but also carries a high level of debt. The article includes recent news, analyst updates, insider transactions, and financial guidance, detailing contracts, acquisitions, and earnings reports.
Highlander Partners L.P. Acquires 112,500 Shares of Parsons Corporation $PSN
Highlander Partners L.P. has significantly increased its stake in Parsons Corporation (NYSE:PSN) by 68.3%, acquiring an additional 112,500 shares. This brings their total holdings to 277,300 shares, valued at approximately $17.14 million, representing about 0.26% of Parsons. Despite a recent earnings beat, Parsons' revenue declined year-over-year, and the stock is trading near its 52-week low, though analysts maintain a "Moderate Buy" rating with a consensus price target of $78.17.
Parsons stock hits 52-week low at 49.32 USD
Parsons Corporation (NYSE:PSN) stock has reached a 52-week low of $49.38, reflecting a 40% decline over the past six months and a 19% decline year-to-date. Despite analyst revisions downwards, InvestingPro's Fair Value analysis suggests the stock is undervalued, with price targets ranging from $55 to $80. The company recently reported strong Q1 2026 earnings, secured a significant contract with the U.S. Army Corps of Engineers, and partnered with Everywhere Communications to enhance autonomous drone capabilities.
Parsons wins spot on $2B Army energy infrastructure contract
Parsons Corporation has secured a position on a $2 billion multiple award task order contract with the U.S. Army Corps of Engineers for energy resilience and infrastructure modernization at military installations. This contract, supporting the Department of War's investment program, allows Parsons to compete for design-build services to improve energy reliability and security. Despite the company's stock trading near a 52-week low, InvestingPro analysis suggests it is undervalued, and Parsons reported strong Q1 2026 earnings, exceeding analyst expectations.
Parsons Awarded Position on $2B Military Energy Resilience Program
Parsons Corporation has been awarded a position on a $2 billion multiple award task order contract by the U.S. Army Corps of Engineers (USACE). This contract focuses on providing energy resilience and infrastructure modernization projects for military installations across the U.S. and supports the Department of War's Energy Resilience and Conservation Investment Program (ERCIP). Parsons will use its expertise in energy, secure microgrid technologies, and program execution to deliver integrated, cyber-secure energy solutions, enhancing mission assurance and operational readiness.
Parsons lands role in Army's $2B plan to keep bases running
Parsons (NYSE: PSN) has secured a position on a $2 billion multiple award task order contract (MATOC) with the U.S. Army Corps of Engineers. This contract, part of the Department of War Energy Resilience and Conservation Investment Program (ERCIP), involves delivering energy resilience and infrastructure modernization projects for military installations. The MATOC has a three-year base period and seven one-year options, allowing Parsons to compete for design-build task orders and expand its energy resilience portfolio.
Parsons Awarded Position on $2B Military Energy Resilience Program
Parsons Corporation has secured a position on a $2 billion multiple award task order contract (MATOC) with the U.S. Army Corps of Engineers (USACE) for energy resilience and infrastructure modernization at military installations. This contract, supporting the Department of War's Energy Resilience and Conservation Investment Program (ERCIP), will involve Parsons competing for task orders to provide design-build services aimed at improving energy reliability, security, and reducing consumption. The award reinforces Parsons' commitment to delivering integrated, cyber-secure energy solutions and expands its energy resilience portfolio.
BofA cuts Parsons stock price target on growth concerns to $80
BofA Securities has lowered its price target for Parsons Corp. (NYSE:PSN) to $80 from $90, while maintaining a Buy rating. This adjustment comes amid investor concerns about Parsons' midterm growth following some large contract losses, despite the company reporting strong Q1 2026 results and reiterating its 2026 outlook. BofA believes these concerns are overblown, pointing to achievable milestones and new contract opportunities, and notes the stock's significant underperformance and its current trading near a 52-week low.
EVERYWHERE Communications Partners with Parsons to Enable Resilient, Beyond-Line-of-Sight Autonomous Drone Operations Under SBIR Initiative
EVERYWHERE Communications has partnered with Parsons Corporation under a Small Business Innovation Research (SBIR) initiative to enhance autonomous drone operations, specifically in environments with limited connectivity. This collaboration aims to enable drones to operate beyond visual line of sight and maintain critical data communication through a resilient data transport layer using Iridium Satellite. The project focuses on providing robust and scalable solutions for warfighters and intelligence professionals by ensuring continuous operation and data delivery even when networks are compromised.
Parsons teams on drone system built to send intel when networks fail
EVERYWHERE Communications announced a partnership with Parsons (PSN) to develop resilient, beyond-line-of-sight autonomous drone capabilities under an SBIR initiative. This collaboration integrates Iridium satellite-based data transport and Parsons' TAK-as-a-Service to ensure autonomous mission execution and reliable data exfiltration even when traditional networks fail. The initiative aims to provide critical intelligence to warfighters and intelligence professionals in disconnected environments.
EVERYWHERE Communications Partners with Parsons to Enable Resilient, Beyond-Line-of-Sight Autonomous Drone Operations Under SBIR Initiative
EVERYWHERE Communications has announced a strategic partnership with Parsons Corporation under a Small Business Innovation Research (SBIR) initiative. This collaboration aims to develop next-generation autonomous drone capabilities, specifically focusing on enabling reliable, beyond-line-of-sight operations in disconnected and austere environments. The initiative is designed to advance resilient drone technology for challenging conditions.
EVERYWHERE Communications Partners with Parsons to Enable Resilient, Beyond-Line-of-Sight Autonomous Drone Operations Under SBIR Initiative
EVERYWHERE Communications has partnered with Parsons Corporation under a Small Business Innovation Research (SBIR) initiative to develop resilient, beyond-line-of-sight autonomous drone operations. This collaboration aims to ensure drones can operate and transmit critical data even in disconnected or austere environments by utilizing Iridium Satellite for a reliable data transport layer. The technology will enable autonomous mission execution, scalable coordination, and efficient command and control for warfighters and federal agencies.
Dubai Loop picks Parsons to manage pilot design and permits
Parsons (NYSE: PSN) has secured a 9-month contract from The Boring Company to serve as the delegated program manager for the pilot phase of the innovative Dubai Loop project. This involves providing comprehensive services including independent design verification, permitting support, and multidisciplinary design reviews. The project aims to enhance Dubai's transportation infrastructure in partnership with Dubai RTA.
Parsons Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Parsons Corporation (NYSE:PSN) recently reported its quarterly results, with revenues matching expectations at US$1.5 billion, and earnings per share significantly exceeding predictions at US$0.49. Despite the strong EPS, analysts have slightly downgraded their future EPS forecasts for 2026, though revenue estimates remain stable. The consensus price target for PSN held steady at US$72.50, suggesting analysts believe the lower earnings forecasts won't significantly impact the stock price initially, with overall sentiment indicating Parsons is expected to grow in line with the broader industry.
Keybank National Association OH Decreases Position in Parsons Corporation $PSN
Keybank National Association OH significantly reduced its stake in Parsons Corporation (NYSE:PSN) by 73.0% in the fourth quarter, selling 243,519 shares and bringing its total holdings to 90,136 shares valued at $5.57 million. Despite this reduction, other institutional investors like AQR Capital Management and Alyeska Investment Group increased their positions, with 98.02% of the stock owned by hedge funds and institutions. The company recently reported strong Q1 earnings, beating analyst estimates with $0.79 EPS, and boasts a record backlog of $9.3 billion.
Earnings call transcript: Parsons Q1 2026 beats EPS forecast, stock steady
Parsons Corporation (NYSE:PSN) reported strong Q1 2026 results, exceeding EPS forecasts by 14.49% with earnings of $0.79 against an anticipated $0.69, and meeting revenue expectations at $1.5 billion. Despite the earnings beat, the stock showed minimal movement, up 0.22% in pre-market trading, and remains near its 52-week low. The company highlighted record adjusted EBITDA margins and significant contract awards, while also addressing potential geopolitical risks and maintaining its full-year guidance.
Top Cyber Execs to Watch in 2026: Parsons Corp.’s Candice Frost
Candice Frost, Vice President of Mission Engagement at Parsons Corp., is being recognized for her work in designing advanced cyber-intelligence frameworks that bridge military operations and national security. Her efforts focus on synchronizing threat intelligence to help decision-makers neutralize state-sponsored cyber threats. In 2026, her team is concentrating on operationalizing AI/ML for cyber warfare, deploying autonomous defensive systems to detect and remediate vulnerabilities in real-time.
Parsons Corporation (NYSE:PSN) Q1 2026 Earnings Call Transcript
Parsons Corporation (NYSE: PSN) reported strong Q1 2026 financial results, exceeding earnings expectations with an EPS of $0.79 against $0.7. The company achieved its highest adjusted EBITDA margin ever and record levels for both total and funded backlog, alongside a robust book-to-bill ratio of 1.4x in both its Federal Solutions and Critical Infrastructure segments. Parsons also discussed strategic contract wins, the acquisition of Altamira Technologies Corporation, and its optimistic outlook for future growth despite geopolitical complexities, particularly in the Middle East where its operations remain solid.
Parsons Corp Earnings Call Highlights Robust Backlog
Parsons Corp's Q1 earnings call revealed record adjusted EBITDA margins and robust backlogs, with total backlog reaching $9.3 billion and funded backlog at $6.6 billion, the highest since its IPO. Strategic contract wins and the acquisition of Altamira Technologies further strengthened its position, despite some near-term challenges like working capital timing and higher SG&A expenses. The company reaffirmed its 2026 guidance, expressing confidence in sustained long-term growth.
