Pallas Capital Advisors LLC Reduces Stake in Booz Allen Hamilton Holding Corporation $BAH

Pallas Capital Advisors LLC trimmed its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 36.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,345 shares of the business services provider’s stock after selling 1,908 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Booz Allen Hamilton were worth $348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB increased its holdings in Booz Allen Hamilton by 74.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock worth $26,000 after acquiring an additional 105 shares during the period. Brooklyn Investment Group boosted its position in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after buying an additional 149 shares during the period. CX Institutional purchased a new stake in shares of Booz Allen Hamilton in the 1st quarter worth about $33,000. Versant Capital Management Inc lifted its position in shares of Booz Allen Hamilton by 627.3% in the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider’s stock worth $33,000 after purchasing an additional 276 shares during the period. Finally, WPG Advisers LLC purchased a new stake in shares of Booz Allen Hamilton in the 1st quarter worth about $35,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 1.0%

NYSE:BAH opened at $102.22 on Monday. The firm has a market cap of $12.60 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 1.60 and a beta of 0.45. The company has a 50-day moving average of $107.89 and a 200 day moving average of $109.85. Booz Allen Hamilton Holding Corporation has a 1-year low of $98.95 and a 1-year high of $190.59. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 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 firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same period last year, the firm posted $1.38 EPS. Booz Allen Hamilton’s revenue was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton’s payout ratio is 27.03%.

Analyst Ratings Changes

Several research analysts recently issued reports on BAH shares. Stifel Nicolaus increased their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, July 28th. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a “neutral” rating to a “sell” rating and cut their target price for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the company a “neutral” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an “underweight” rating in a report on Monday, July 28th. Finally, William Blair raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $134.00.

Booz Allen Hamilton Company 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.