Simplicity Wealth LLC Sells 212 Shares of Booz Allen Hamilton Holding Corporation $BAH

Simplicity Wealth LLC cut its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 9.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,117 shares of the business services provider’s stock after selling 212 shares during the quarter. Simplicity Wealth LLC’s holdings in Booz Allen Hamilton were worth $220,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group grew its stake in shares of Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after buying an additional 149 shares in the last quarter. CX Institutional bought a new position in Booz Allen Hamilton during the first quarter worth $33,000. NBC Securities Inc. bought a new position in Booz Allen Hamilton during the first quarter worth $35,000. WPG Advisers LLC bought a new position in Booz Allen Hamilton during the first quarter worth $35,000. Finally, Ransom Advisory Ltd bought a new position in Booz Allen Hamilton during the first quarter worth $35,000. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Down 1.1%

BAH stock opened at $102.90 on Thursday. The company has a market cap of $12.68 billion, a PE ratio of 12.64, a price-to-earnings-growth ratio of 1.64 and a beta of 0.42. The business has a 50-day simple moving average of $105.66 and a 200 day simple moving average of $108.93. Booz Allen Hamilton Holding Corporation has a 52 week low of $96.96 and a 52 week high of $190.59. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.Booz Allen Hamilton’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton’s payout ratio is 27.03%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a research report on Monday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday. UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a research report on Monday, July 28th. Stifel Nicolaus lifted their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, July 28th. Finally, William Blair raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $134.00.

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.