ING Groep NV Buys New Shares in Booz Allen Hamilton Holding Corporation $BAH

ING Groep NV purchased a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 23,900 shares of the business services provider’s stock, valued at approximately $2,389,000.

Other hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new stake in Booz Allen Hamilton during the 2nd quarter valued at approximately $168,069,000. Primecap Management Co. CA grew its holdings in Booz Allen Hamilton by 2,011.8% during the 2nd quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider’s stock valued at $131,939,000 after buying an additional 1,207,058 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Booz Allen Hamilton by 58.2% during the second quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock valued at $264,251,000 after buying an additional 943,660 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Booz Allen Hamilton by 49.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock worth $240,698,000 after buying an additional 779,156 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Booz Allen Hamilton by 227.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 698,930 shares of the business services provider’s stock worth $72,780,000 after acquiring an additional 485,425 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 1.8%

Shares of NYSE BAH opened at $79.31 on Friday. Booz Allen Hamilton Holding Corporation has a 1-year low of $76.83 and a 1-year high of $130.91. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The business’s 50 day moving average is $89.45 and its two-hundred day moving average is $94.92. The stock has a market capitalization of $9.56 billion, a P/E ratio of 11.78, a PEG ratio of 4.57 and a beta of 0.33.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the business earned $1.55 EPS. The company’s quarterly revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $0.59 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.69%.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. The Goldman Sachs Group reduced their target price on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a report on Monday, October 27th. Stifel Nicolaus boosted their target price on Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. Truist Financial set a $98.00 price target on Booz Allen Hamilton in a report on Friday, January 23rd. Finally, Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.25.

Booz Allen Hamilton Profile

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.