Sage Rhino Capital LLC acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,971 shares of the business services provider’s stock, valued at approximately $997,000.
Other large investors have also made changes to their positions in the company. Nicholas Company Inc. lifted its position in Booz Allen Hamilton by 7.2% during the second quarter. Nicholas Company Inc. now owns 57,892 shares of the business services provider’s stock valued at $6,028,000 after purchasing an additional 3,875 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Booz Allen Hamilton by 227.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 698,930 shares of the business services provider’s stock valued at $72,780,000 after acquiring an additional 485,425 shares during the period. SG Americas Securities LLC increased its holdings in Booz Allen Hamilton by 720.6% in the 3rd quarter. SG Americas Securities LLC now owns 52,189 shares of the business services provider’s stock worth $5,216,000 after acquiring an additional 45,829 shares in the last quarter. Renaissance Group LLC raised its stake in Booz Allen Hamilton by 2.7% during the 2nd quarter. Renaissance Group LLC now owns 242,586 shares of the business services provider’s stock worth $25,260,000 after acquiring an additional 6,390 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Booz Allen Hamilton by 49.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock valued at $240,698,000 after purchasing an additional 779,156 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CEO Horacio Rozanski bought 23,800 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were acquired at an average cost of $84.66 per share, for a total transaction of $2,014,908.00. Following the purchase, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. The trade was a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.91% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on BAH
Booz Allen Hamilton Price Performance
Booz Allen Hamilton stock opened at $102.25 on Monday. The firm has a market capitalization of $12.40 billion, a PE ratio of 15.19, a price-to-earnings-growth ratio of 1.80 and a beta of 0.34. Booz Allen Hamilton Holding Corporation has a 12-month low of $79.23 and a 12-month high of $137.68. The firm has a 50-day moving average price of $88.30 and a 200-day moving average price of $97.14. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 3.89.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.86%. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the firm earned $1.55 earnings per share. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.
Booz Allen Hamilton Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.36 annualized dividend and a yield of 2.3%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is 32.69%.
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.
Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.
Read More
- Five stocks we like better than Booz Allen Hamilton
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- Buy This Stock at 9:30 AM on MONDAY!
- What Expenses Can Be Deducted From Capital Gains Tax?
- Trump Planning to Use Public Law 63-43: Prepare Now
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.
