Victory Capital Management Inc. Buys 616,591 Shares of Booz Allen Hamilton Holding Corporation $BAH

Victory Capital Management Inc. lifted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 1,269.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 665,152 shares of the business services provider’s stock after acquiring an additional 616,591 shares during the quarter. Victory Capital Management Inc. owned approximately 0.55% of Booz Allen Hamilton worth $66,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Booz Allen Hamilton by 22.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after buying an additional 4,870 shares during the last quarter. NewEdge Advisors LLC grew its position in Booz Allen Hamilton by 365.0% in the 1st quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock valued at $1,229,000 after purchasing an additional 9,223 shares during the period. Sivia Capital Partners LLC increased its position in shares of Booz Allen Hamilton by 53.7% during the second quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock worth $464,000 after acquiring an additional 1,559 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $248,000. Finally, Bank of Montreal Can raised its position in Booz Allen Hamilton by 39.5% in the 2nd quarter. Bank of Montreal Can now owns 40,040 shares of the business services provider’s stock valued at $4,169,000 after buying an additional 11,333 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $79.75 on Friday. The company’s 50 day moving average is $86.49 and its 200-day moving average is $91.82. The firm has a market cap of $9.62 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 4.60 and a beta of 0.37. Booz Allen Hamilton Holding Corporation has a 12-month low of $73.93 and a 12-month high of $130.91. 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 (NYSE:BAH) last issued its earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a $0.59 dividend. The ex-dividend date was Friday, February 13th. This represents a $2.36 annualized dividend and a yield of 3.0%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio is 35.07%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Truist Financial set a $98.00 target price on shares of Booz Allen Hamilton in a research note on Friday, January 23rd. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. UBS Group restated a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Jefferies Financial Group decreased their price objective on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a report on Thursday, December 18th. Finally, Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Booz Allen Hamilton has an average rating of “Reduce” and an average price target of $101.25.

Booz Allen Hamilton Company 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.