Bartlett & CO. Wealth Management LLC Sells 55,171 Shares of Booz Allen Hamilton Holding Corporation $BAH

Bartlett & CO. Wealth Management LLC lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 9.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 528,816 shares of the business services provider’s stock after selling 55,171 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Booz Allen Hamilton were worth $55,065,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Booz Allen Hamilton by 74.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock worth $26,000 after purchasing an additional 105 shares during the period. Brooklyn Investment Group lifted its stake in shares of Booz Allen Hamilton by 102.8% in the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after purchasing an additional 149 shares during the period. Versant Capital Management Inc lifted its stake in shares of Booz Allen Hamilton by 627.3% in the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider’s stock worth $33,000 after purchasing an additional 276 shares during the period. CX Institutional bought a new position in shares of Booz Allen Hamilton in the 1st quarter worth approximately $33,000. Finally, NBC Securities Inc. bought a new position in shares of Booz Allen Hamilton in the 1st quarter worth approximately $35,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Up 1.1%

NYSE BAH opened at $100.01 on Wednesday. The firm has a market capitalization of $12.33 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 1.56 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a 52 week low of $96.96 and a 52 week high of $190.59. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a fifty day moving average of $106.61 and a two-hundred day moving average of $109.22.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same quarter last year, the business posted $1.38 EPS. The firm’s revenue for the quarter was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, analysts predict 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 disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were issued a dividend of $0.55 per share. The ex-dividend date was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.2%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 27.03%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a research note on Monday, July 28th. William Blair upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. Stifel Nicolaus lifted their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, July 28th. Finally, UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the company a “neutral” rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average price target 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.