Van ECK Associates Corp Increases Position in Booz Allen Hamilton Holding Corporation $BAH

Van ECK Associates Corp lifted its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 3.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,200,207 shares of the business services provider’s stock after purchasing an additional 70,895 shares during the quarter. Van ECK Associates Corp owned about 1.81% of Booz Allen Hamilton worth $219,911,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Rakuten Securities Inc. increased its stake in shares of Booz Allen Hamilton by 414.6% in the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares during the last quarter. West Branch Capital LLC increased its position in Booz Allen Hamilton by 58.3% during the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after purchasing an additional 105 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in Booz Allen Hamilton by 244.0% during the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after purchasing an additional 205 shares during the period. Eastern Bank acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at about $35,000. Finally, Transamerica Financial Advisors LLC purchased a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BAH shares. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 4th. DA Davidson set a $81.00 price target on Booz Allen Hamilton in a report on Tuesday, January 27th. UBS Group reissued a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Citigroup upped their target price on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Jefferies Financial Group lowered their target price on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. Two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $101.25.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $81.41 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 52-week low of $73.93 and a 52-week high of $130.91. The firm has a market cap of $9.82 billion, a PE ratio of 12.10, a price-to-earnings-growth ratio of 4.81 and a beta of 0.37. The company’s 50 day moving average is $86.35 and its two-hundred day moving average is $91.18.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.26 by $0.51. The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.Booz Allen Hamilton’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a dividend of $0.59 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 2.9%. Booz Allen Hamilton’s dividend payout ratio is presently 35.07%.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.