Henshaw Capital LLC Sells 8,011 Shares of Booz Allen Hamilton Holding Corporation $BAH

Henshaw Capital LLC trimmed its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 27.4% in the first quarter, Holdings Channel.com reports. The firm owned 21,223 shares of the business services provider’s stock after selling 8,011 shares during the quarter. Henshaw Capital LLC’s holdings in Booz Allen Hamilton were worth $1,656,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Axiom Investment Management LLC acquired a new position in Booz Allen Hamilton in the 1st quarter worth $44,000. Bank of America Corp DE raised its position in Booz Allen Hamilton by 2.6% in the 1st quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock valued at $87,181,000 after buying an additional 28,462 shares during the last quarter. Edgestream Partners L.P. boosted its position in Booz Allen Hamilton by 5.9% during the 1st quarter. Edgestream Partners L.P. now owns 28,329 shares of the business services provider’s stock worth $2,211,000 after acquiring an additional 1,571 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Booz Allen Hamilton by 56.1% during the 1st quarter. Janus Henderson Group PLC now owns 59,733 shares of the business services provider’s stock worth $4,661,000 after acquiring an additional 21,457 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Booz Allen Hamilton by 508.3% in the first quarter. Empowered Funds LLC now owns 36,580 shares of the business services provider’s stock valued at $2,854,000 after purchasing an additional 30,567 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the topic of several recent research reports. The Goldman Sachs Group lowered their price target on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a research note on Tuesday, July 14th. Bank of America reduced their price target on Booz Allen Hamilton from $90.00 to $75.00 and set an “underperform” rating for the company in a research report on Monday, July 20th. Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, May 26th. TD Cowen dropped their price objective on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. Finally, BNP Paribas Exane assumed coverage on Booz Allen Hamilton in a report on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Reduce” and an average target price of $84.08.

Booz Allen Hamilton Trading Up 2.0%

Shares of NYSE:BAH opened at $69.68 on Friday. Booz Allen Hamilton Holding Corporation has a 52-week low of $59.50 and a 52-week high of $114.48. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.78 and a current ratio of 1.60. The company has a market capitalization of $8.38 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 3.62 and a beta of 0.36. The company has a 50-day simple moving average of $69.74 and a 200 day simple moving average of $77.54.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.32. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the prior year, the company earned $1.48 earnings per share. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Sell-side analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.3 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $0.59 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.36 annualized dividend and a dividend yield of 3.4%. Booz Allen Hamilton’s dividend payout ratio is presently 37.11%.

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.