Isthmus Partners LLC Acquires 9,970 Shares of Booz Allen Hamilton Holding Corporation $BAH

Isthmus Partners LLC lifted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 8.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 127,317 shares of the business services provider’s stock after buying an additional 9,970 shares during the quarter. Isthmus Partners LLC’s holdings in Booz Allen Hamilton were worth $9,935,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund boosted its holdings in Booz Allen Hamilton by 2.1% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,700 shares of the business services provider’s stock valued at $1,927,000 after acquiring an additional 500 shares during the period. Sage Rhino Capital LLC increased its stake in Booz Allen Hamilton by 20.8% in the first quarter. Sage Rhino Capital LLC now owns 25,309 shares of the business services provider’s stock worth $1,975,000 after purchasing an additional 4,351 shares during the period. Westbourne Investment Advisors Inc. increased its stake in Booz Allen Hamilton by 3.0% in the first quarter. Westbourne Investment Advisors Inc. now owns 66,843 shares of the business services provider’s stock worth $5,216,000 after purchasing an additional 1,978 shares during the period. AdvisorShares Investments LLC bought a new stake in shares of Booz Allen Hamilton during the first quarter worth $441,000. Finally, New York State Teachers Retirement System lifted its position in shares of Booz Allen Hamilton by 21.0% during the first quarter. New York State Teachers Retirement System now owns 74,420 shares of the business services provider’s stock worth $5,807,000 after purchasing an additional 12,905 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BAH. Citigroup cut their price target on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating on the stock in a report on Wednesday, July 1st. Wells Fargo & Company started coverage on shares of Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price on the stock. Truist Financial reduced their target price on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group set a $85.00 price target on Booz Allen Hamilton in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $83.58.

Booz Allen Hamilton Stock Performance

BAH stock opened at $62.71 on Thursday. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. The business has a 50-day moving average price of $72.83 and a 200 day moving average price of $79.92. The company has a market capitalization of $7.51 billion, a P/E ratio of 9.10, a PEG ratio of 3.62 and a beta of 0.36. Booz Allen Hamilton Holding Corporation has a 1-year low of $59.50 and a 1-year high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.46. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were paid a dividend of $0.59 per share. The ex-dividend date was Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.8%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 34.25%.

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.