Vestmark Advisory Solutions Inc. Sells 2,246 Shares of Booz Allen Hamilton Holding Corporation $BAH

Vestmark Advisory Solutions Inc. lessened its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 37.4% during the second quarter, Holdings Channel reports. The institutional investor owned 3,762 shares of the business services provider’s stock after selling 2,246 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Booz Allen Hamilton were worth $392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Booz Allen Hamilton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider’s stock worth $1,367,043,000 after purchasing an additional 237,720 shares during the period. AQR Capital Management LLC increased its position in shares of Booz Allen Hamilton by 288.4% during the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock valued at $168,491,000 after purchasing an additional 1,204,446 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Booz Allen Hamilton by 187.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock valued at $168,136,000 after acquiring an additional 1,021,809 shares during the last quarter. 1832 Asset Management L.P. boosted its stake in shares of Booz Allen Hamilton by 78.7% in the 1st quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock valued at $153,370,000 after purchasing an additional 646,053 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Booz Allen Hamilton by 603.1% in the 1st quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock worth $151,266,000 after purchasing an additional 1,240,689 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BAH has been the topic of several research reports. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. cut their price target on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. Stifel Nicolaus set a $106.00 price objective on shares of Booz Allen Hamilton in a research note on Friday, October 24th. Cowen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. 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 company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $110.82.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CEO Horacio Rozanski acquired 23,800 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was acquired at an average cost 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 document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.91% of the company’s stock.

Booz Allen Hamilton Stock Up 0.1%

BAH opened at $84.96 on Thursday. The firm’s 50 day simple moving average is $96.64 and its two-hundred day simple moving average is $105.68. Booz Allen Hamilton Holding Corporation has a 1-year low of $82.23 and a 1-year high of $170.05. The company has a current ratio of 1.76, a quick ratio of 1.78 and a debt-to-equity ratio of 3.89. The company has a market capitalization of $10.31 billion, a PE ratio of 12.96, a PEG ratio of 1.46 and a beta of 0.39.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 EPS for the quarter, meeting 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 business had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same period last year, the firm earned $1.81 earnings per share. The business’s quarterly revenue was down 8.1% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, equities analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced 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. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio is currently 33.59%.

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.