Waters Parkerson & CO. LLC Raises Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Waters Parkerson & CO. LLC lifted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 334,929 shares of the business services provider’s stock after acquiring an additional 6,726 shares during the quarter. Booz Allen Hamilton comprises approximately 1.6% of Waters Parkerson & CO. LLC’s holdings, making the stock its 20th biggest holding. Waters Parkerson & CO. LLC owned approximately 0.27% of Booz Allen Hamilton worth $33,476,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BAH. Rakuten Securities Inc. boosted its position in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after buying an additional 199 shares during the period. West Branch Capital LLC raised its holdings in shares of Booz Allen Hamilton by 58.3% during the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after buying an additional 105 shares during the period. Golden State Wealth Management LLC lifted its position in Booz Allen Hamilton by 244.9% during the 2nd quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after acquiring an additional 240 shares in the last quarter. Eastern Bank purchased a new position in Booz Allen Hamilton in the 3rd quarter worth approximately $35,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in Booz Allen Hamilton in the second quarter valued at approximately $39,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Horacio Rozanski purchased 23,800 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was purchased 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 owned 687,745 shares in the company, valued at $58,224,491.70. This trade represents a 3.58% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.91% of the stock is owned by company insiders.

Booz Allen Hamilton Trading Up 0.5%

NYSE BAH opened at $97.64 on Friday. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.76 and a current ratio of 1.76. Booz Allen Hamilton Holding Corporation has a one year low of $79.23 and a one year high of $146.95. The company has a 50-day simple moving average of $87.14 and a 200-day simple moving average of $97.68. The firm has a market capitalization of $11.84 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 1.71 and a beta of 0.34.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.49. The firm had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. Booz Allen Hamilton’s revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the company posted $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, equities analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Friday, November 14th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.20 annualized dividend and a yield of 2.3%. Booz Allen Hamilton’s payout ratio is presently 33.59%.

Analysts Set New Price Targets

BAH has been the subject of several analyst reports. Bank of America downgraded shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price for the company. in a research note on Friday, October 24th. Stifel Nicolaus set a $106.00 price objective on shares of Booz Allen Hamilton in a research report on Friday, October 24th. Citigroup lifted their target price on Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday. UBS Group reduced their price target on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Finally, The Goldman Sachs Group dropped their price objective on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $109.46.

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.