Renaissance Group LLC Grows Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Renaissance Group LLC boosted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 242,586 shares of the business services provider’s stock after buying an additional 6,390 shares during the quarter. Renaissance Group LLC owned approximately 0.20% of Booz Allen Hamilton worth $25,260,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brooklyn Investment Group boosted its position in shares of Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after acquiring an additional 149 shares in the last quarter. WPG Advisers LLC purchased a new stake in Booz Allen Hamilton during the first quarter worth approximately $35,000. Ransom Advisory Ltd acquired a new position in Booz Allen Hamilton in the first quarter valued at approximately $35,000. Golden State Wealth Management LLC increased its stake in Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 240 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton in the first quarter valued at approximately $37,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Booz Allen Hamilton

In related news, CEO Horacio Rozanski acquired 23,800 shares of Booz Allen Hamilton stock in a transaction that occurred 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 purchase, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This trade represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.91% of the stock is currently owned by company insiders.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $80.96 on Wednesday. Booz Allen Hamilton Holding Corporation has a 52 week low of $80.72 and a 52 week high of $151.04. The company has a 50-day moving average price of $95.03 and a 200 day moving average price of $104.54. The company has a market cap of $9.82 billion, a P/E ratio of 12.36, a PEG ratio of 1.46 and a beta of 0.39. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.49. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The company’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Research 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 announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders 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 dividend yield of 2.7%. The ex-dividend date is Friday, November 14th. Booz Allen Hamilton’s payout ratio is presently 33.59%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BAH. The Goldman Sachs Group lowered their target price on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a report on Monday, October 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of Booz Allen Hamilton in a research report on Thursday, November 13th. Zacks Research lowered Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Truist Financial set a $90.00 target price on Booz Allen Hamilton in a research report on Friday, October 24th. Finally, TD Cowen reissued a “hold” rating and issued a $105.00 target price (down from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. One equities 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $110.82.

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.