Intech Investment Management LLC reduced its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 57.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,128 shares of the business services provider’s stock after selling 20,763 shares during the quarter. Intech Investment Management LLC’s holdings in Booz Allen Hamilton were worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in BAH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Booz Allen Hamilton by 22.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after purchasing an additional 4,870 shares during the period. NewEdge Advisors LLC increased its position in Booz Allen Hamilton by 365.0% during the 1st quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after purchasing an additional 9,223 shares in the last quarter. Sivia Capital Partners LLC increased its position in Booz Allen Hamilton by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock worth $464,000 after purchasing an additional 1,559 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in Booz Allen Hamilton in the second quarter valued at approximately $248,000. Finally, Bank of Montreal Can lifted its position in Booz Allen Hamilton by 39.5% during the second quarter. Bank of Montreal Can now owns 40,040 shares of the business services provider’s stock valued at $4,169,000 after buying an additional 11,333 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on BAH shares. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday. UBS Group restated a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Jefferies Financial Group lowered their target price on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. Finally, Stifel Nicolaus raised their target price on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a report on Monday, January 26th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $101.25.
Booz Allen Hamilton Price Performance
BAH opened at $79.75 on Friday. The company has a market capitalization of $9.62 billion, a P/E ratio of 11.85, a PEG ratio of 4.60 and a beta of 0.37. The company has a 50-day moving average of $86.49 and a 200-day moving average of $91.82. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. Booz Allen Hamilton Holding Corporation has a 1-year low of $73.93 and a 1-year high of $130.91.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last posted its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period last year, the firm earned $1.55 earnings per share. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.
Booz Allen Hamilton Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio is currently 35.07%.
Booz Allen Hamilton Profile
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.
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