HighTower Advisors LLC Sells 29,923 Shares of Booz Allen Hamilton Holding Corporation $BAH

HighTower Advisors LLC reduced its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 51.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 27,850 shares of the business services provider’s stock after selling 29,923 shares during the quarter. HighTower Advisors LLC’s holdings in Booz Allen Hamilton were worth $2,913,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Personal CFO Solutions LLC increased its position in Booz Allen Hamilton by 3.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider’s stock valued at $286,000 after acquiring an additional 92 shares during the period. Raiffeisen Bank International AG increased its position in Booz Allen Hamilton by 4.9% in the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider’s stock valued at $225,000 after acquiring an additional 100 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in Booz Allen Hamilton by 74.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 105 shares during the period. Intrust Bank NA increased its position in Booz Allen Hamilton by 2.6% in the 1st quarter. Intrust Bank NA now owns 4,544 shares of the business services provider’s stock valued at $475,000 after acquiring an additional 113 shares during the period. Finally, Yousif Capital Management LLC increased its position in Booz Allen Hamilton by 5.5% in the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 124 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $109.9110 on Friday. The company has a fifty day simple moving average of $107.69 and a 200 day simple moving average of $111.49. Booz Allen Hamilton Holding Corporation has a 12-month low of $98.95 and a 12-month high of $190.59. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a market cap of $13.55 billion, a P/E ratio of 13.50, a PEG ratio of 1.71 and a beta of 0.47.

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

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th. Booz Allen Hamilton’s payout ratio is currently 27.03%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $108.00 to $94.00 in a report on Wednesday, May 28th. Raymond James Financial restated a “market perform” rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. UBS Group set a $119.00 price target on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. Stifel Nicolaus raised their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 28th. Finally, Wall Street Zen lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $134.00.

About Booz Allen Hamilton

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.