Mitsubishi UFJ Asset Management Co. Ltd. Acquires 11,100 Shares of Booz Allen Hamilton Holding Corporation $BAH

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 11.0% during the second quarter, Holdings Channel.com reports. The fund owned 111,683 shares of the business services provider’s stock after buying an additional 11,100 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Booz Allen Hamilton were worth $11,630,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Prospera Financial Services Inc boosted its position in shares of Booz Allen Hamilton by 27.8% during the 2nd quarter. Prospera Financial Services Inc now owns 8,705 shares of the business services provider’s stock valued at $907,000 after acquiring an additional 1,894 shares during the last quarter. AGF Management Ltd. increased its position in shares of Booz Allen Hamilton by 985.2% in the second quarter. AGF Management Ltd. now owns 30,452 shares of the business services provider’s stock worth $3,171,000 after purchasing an additional 27,646 shares during the last quarter. Fox Run Management L.L.C. raised its stake in Booz Allen Hamilton by 84.2% in the second quarter. Fox Run Management L.L.C. now owns 19,373 shares of the business services provider’s stock valued at $2,017,000 after purchasing an additional 8,856 shares in the last quarter. Penserra Capital Management LLC lifted its position in Booz Allen Hamilton by 58.6% during the second quarter. Penserra Capital Management LLC now owns 192,152 shares of the business services provider’s stock valued at $20,008,000 after purchasing an additional 71,008 shares during the last quarter. Finally, Ipsen Advisor Group LLC grew its stake in Booz Allen Hamilton by 13.0% in the 2nd quarter. Ipsen Advisor Group LLC now owns 4,106 shares of the business services provider’s stock worth $428,000 after buying an additional 472 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insider Buying and Selling

In related news, CEO Horacio Rozanski acquired 23,800 shares of the stock in a transaction on Thursday, October 30th. The stock was purchased at an average price of $84.66 per share, for a total transaction of $2,014,908.00. Following the completion of the transaction, the chief executive officer owned 687,745 shares of the company’s stock, valued at $58,224,491.70. This trade represents a 3.58% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.91% of the stock is owned by company insiders.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $84.87 on Thursday. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. The stock has a market cap of $10.29 billion, a PE ratio of 12.96, a PEG ratio of 1.46 and a beta of 0.39. The company’s fifty day moving average is $96.64 and its 200 day moving average is $105.68. Booz Allen Hamilton Holding Corporation has a 52 week low of $82.23 and a 52 week high of $182.35.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.49. The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The company’s revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Research analysts anticipate 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 declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 33.59%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BAH. JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. William Blair upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. Truist Financial set a $90.00 price target on Booz Allen Hamilton in a research report on Friday, October 24th. UBS Group dropped their price target on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Finally, TD Cowen reiterated a “hold” rating and issued a $105.00 price objective (down from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average price target of $110.82.

Booz Allen Hamilton Company 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.