Pictet Asset Management Holding SA Has $1.54 Million Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Pictet Asset Management Holding SA lowered its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 59.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 19,694 shares of the business services provider’s stock after selling 28,669 shares during the period. Pictet Asset Management Holding SA’s holdings in Booz Allen Hamilton were worth $1,537,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in BAH. Johnson Financial Group Inc. boosted its position in shares of Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 124 shares during the period. Campbell & CO Investment Adviser LLC raised its stake in Booz Allen Hamilton by 2.8% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock valued at $415,000 after purchasing an additional 133 shares during the last quarter. Activest Wealth Management boosted its holdings in Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares during the period. Arkadios Wealth Advisors boosted its holdings in Booz Allen Hamilton by 7.3% in the 4th quarter. Arkadios Wealth Advisors now owns 2,646 shares of the business services provider’s stock valued at $223,000 after purchasing an additional 179 shares during the period. Finally, Cresset Asset Management LLC grew its position in Booz Allen Hamilton by 6.2% in the 2nd quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock worth $339,000 after purchasing an additional 191 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Price Performance

Shares of BAH stock traded up $0.22 during trading hours on Tuesday, reaching $62.53. 86,116 shares of the company were exchanged, compared to its average volume of 2,176,486. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $59.50 and a fifty-two week high of $120.04. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. The stock’s fifty day moving average is $73.41 and its two-hundred day moving average is $80.25. The company has a market cap of $7.49 billion, a price-to-earnings ratio of 9.08, a P/E/G ratio of 3.57 and a beta of 0.36.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the business posted $1.61 earnings per share. Booz Allen Hamilton’s revenue for the quarter was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Sell-side analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 34.25%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BAH shares. BNP Paribas Exane assumed coverage on shares of Booz Allen Hamilton in a research report on Wednesday, May 27th. They set a “neutral” rating and a $80.00 price objective for the company. Weiss Ratings raised Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. Stifel Nicolaus set a $110.00 price objective on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a report on Monday, May 11th. Finally, TD Cowen restated a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $86.50.

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.