Allspring Global Investments Holdings LLC Acquires 1,021,809 Shares of Booz Allen Hamilton Holding Corporation $BAH

Allspring Global Investments Holdings LLC raised its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 187.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,566,826 shares of the business services provider’s stock after acquiring an additional 1,021,809 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Booz Allen Hamilton were worth $168,136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group grew its position in Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 149 shares during the last quarter. CX Institutional bought a new position in Booz Allen Hamilton in the first quarter valued at about $33,000. WPG Advisers LLC bought a new position in Booz Allen Hamilton in the first quarter valued at about $35,000. Ransom Advisory Ltd bought a new position in Booz Allen Hamilton in the first quarter valued at about $35,000. Finally, Banque Cantonale Vaudoise bought a new position in Booz Allen Hamilton in the first quarter valued at about $37,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $97.14 on Monday. The business’s 50 day simple moving average is $105.25 and its 200 day simple moving average is $108.87. Booz Allen Hamilton Holding Corporation has a one year low of $96.96 and a one year high of $190.59. The stock has a market capitalization of $11.97 billion, a PE ratio of 11.93, a PEG ratio of 1.53 and a beta of 0.42. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.96 billion. During the same period in the prior year, the business posted $1.38 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were issued a $0.55 dividend. The ex-dividend date was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.3%. Booz Allen Hamilton’s dividend payout ratio is presently 27.03%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BAH. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. Stifel Nicolaus boosted their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 28th. JPMorgan Chase & Co. boosted their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and an average target price of $134.00.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.