Simon Quick Advisors LLC Takes $246,000 Position in Booz Allen Hamilton Holding Corporation $BAH

Simon Quick Advisors LLC purchased a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,365 shares of the business services provider’s stock, valued at approximately $246,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Brooklyn Investment Group raised its holdings in shares of Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after purchasing an additional 149 shares during the period. WPG Advisers LLC bought a new stake in shares of Booz Allen Hamilton during the 1st quarter valued at about $35,000. Ransom Advisory Ltd acquired a new stake in Booz Allen Hamilton during the first quarter worth about $35,000. Banque Cantonale Vaudoise acquired a new stake in Booz Allen Hamilton during the first quarter worth about $37,000. Finally, Trust Co. of Toledo NA OH bought a new position in Booz Allen Hamilton in the second quarter worth about $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $85.55 on Tuesday. The firm has a market capitalization of $10.38 billion, a PE ratio of 13.06, a P/E/G ratio of 1.46 and a beta of 0.42. 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 firm has a 50-day moving average price of $99.83 and a 200 day moving average price of $107.08. Booz Allen Hamilton Holding Corporation has a 52-week low of $82.23 and a 52-week high of $190.59.

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 for the quarter, hitting analysts’ consensus estimates of $1.49. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The company had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business posted $1.81 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be given a dividend of $0.55 per share. The ex-dividend date is Friday, November 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 33.59%.

Insider Activity at Booz Allen Hamilton

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on BAH shares. Zacks Research cut Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Stifel Nicolaus set a $106.00 target price on Booz Allen Hamilton in a research report on Friday, October 24th. Bank of America cut Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price on the stock. in a research note on Friday, October 24th. UBS Group lowered their price target on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Finally, Truist Financial set a $90.00 price objective on shares of Booz Allen Hamilton in a research report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $110.82.

About Booz Allen Hamilton

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.