Scotia Capital Inc. Raises Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Scotia Capital Inc. lifted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 25.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,747 shares of the business services provider’s stock after purchasing an additional 7,554 shares during the quarter. Scotia Capital Inc.’s holdings in Booz Allen Hamilton were worth $3,931,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brooklyn Investment Group lifted 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 valued at $31,000 after purchasing an additional 149 shares during the last quarter. WPG Advisers LLC bought a new stake in shares of Booz Allen Hamilton in the 1st quarter worth about $35,000. Ransom Advisory Ltd purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter valued at about $35,000. Golden State Wealth Management LLC lifted its holdings in shares of Booz Allen Hamilton by 244.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 240 shares during the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in shares of Booz Allen Hamilton in the 1st quarter valued at about $37,000. Institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

BAH has been the topic of several analyst reports. Zacks Research cut Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. TD Cowen reiterated a “hold” rating and issued a $105.00 target price (down previously from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. The Goldman Sachs Group dropped their target price on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a report on Monday, October 27th. Truist Financial set a $90.00 target price on Booz Allen Hamilton in a research report on Friday, October 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Booz Allen Hamilton in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $110.82.

Booz Allen Hamilton Stock Down 0.3%

Shares of NYSE:BAH opened at $83.00 on Friday. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.76 and a quick ratio of 1.78. The business has a 50 day simple moving average of $91.75 and a two-hundred day simple moving average of $102.36. Booz Allen Hamilton Holding Corporation has a 1 year low of $79.23 and a 1 year high of $150.00. The firm has a market capitalization of $10.07 billion, a PE ratio of 12.67, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly 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. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period last year, the company earned $1.81 EPS. Booz Allen Hamilton’s quarterly revenue was down 8.1% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS 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. Stockholders of record on Friday, November 14th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s payout ratio is currently 33.59%.

Insider Activity at Booz Allen Hamilton

In related news, CEO Horacio Rozanski purchased 23,800 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, October 30th. The shares were bought at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the purchase, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This represents a 3.58% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.91% of the company’s stock.

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.