Harel Insurance Investments & Financial Services Ltd. lessened its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,550 shares of the business services provider’s stock after selling 3,940 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Booz Allen Hamilton were worth $4,222,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group increased its position in Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after buying an additional 149 shares during the last quarter. WPG Advisers LLC acquired a new position in Booz Allen Hamilton during the first quarter worth approximately $35,000. Ransom Advisory Ltd acquired a new position in Booz Allen Hamilton during the first quarter worth approximately $35,000. Banque Cantonale Vaudoise acquired a new position in Booz Allen Hamilton during the first quarter worth approximately $37,000. Finally, Trust Co. of Toledo NA OH acquired a new position in Booz Allen Hamilton during the second quarter worth approximately $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on BAH. Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target on the stock. in a report on Friday, October 24th. Stifel Nicolaus set a $106.00 target price on Booz Allen Hamilton in a research note on Friday, October 24th. Cowen lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. Finally, William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.42.
Booz Allen Hamilton Price Performance
Shares of NYSE BAH opened at $87.27 on Friday. The business has a fifty day moving average price of $100.31 and a two-hundred day moving average price of $107.30. The stock has a market capitalization of $10.59 billion, a PE ratio of 13.32, a P/E/G ratio of 1.46 and a beta of 0.42. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.76 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $82.23 and a fifty-two week high of $190.59.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.49. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.Booz Allen Hamilton’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.
Booz Allen Hamilton Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be given a $0.55 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.5%. Booz Allen Hamilton’s payout ratio is presently 33.59%.
Insider Activity at Booz Allen Hamilton
In other news, CEO Horacio Rozanski purchased 23,800 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was bought at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the acquisition, the chief executive officer owned 687,745 shares in the company, valued at approximately $58,224,491.70. The trade was a 3.58% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.91% of the company’s stock.
About Booz Allen Hamilton
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.
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