Asset Management One Co. Ltd. cut its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 3.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,944 shares of the business services provider’s stock after selling 1,945 shares during the period. Asset Management One Co. Ltd.’s holdings in Booz Allen Hamilton were worth $5,305,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Personal CFO Solutions LLC raised its stake in shares of Booz Allen Hamilton by 3.5% during the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider’s stock worth $286,000 after purchasing an additional 92 shares in the last quarter. Roundview Capital LLC raised its stake in shares of Booz Allen Hamilton by 0.3% during the 2nd quarter. Roundview Capital LLC now owns 37,258 shares of the business services provider’s stock worth $3,880,000 after purchasing an additional 99 shares in the last quarter. Raiffeisen Bank International AG raised its stake in shares of Booz Allen Hamilton by 4.9% during the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider’s stock worth $225,000 after purchasing an additional 100 shares in the last quarter. Intrust Bank NA raised its stake in shares of Booz Allen Hamilton by 2.6% during the 1st quarter. Intrust Bank NA now owns 4,544 shares of the business services provider’s stock worth $475,000 after purchasing an additional 113 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Booz Allen Hamilton by 1.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,483 shares of the business services provider’s stock worth $675,000 after purchasing an additional 121 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
BAH has been the subject of a number of recent research reports. Zacks Research downgraded Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. lowered their price objective on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a report on Monday. TD Cowen reissued a “hold” rating and set a $105.00 price objective (down previously from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. Cowen lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Finally, Bank of America lowered Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective on the stock. in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $117.42.
Booz Allen Hamilton Stock Performance
BAH opened at $85.50 on Wednesday. The firm has a market capitalization of $10.37 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 1.42 and a beta of 0.42. The stock’s 50 day moving average price is $101.81 and its two-hundred day moving average price is $107.85. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a 12-month low of $84.82 and a 12-month high of $190.59.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.49. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The company’s revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.81 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.6%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 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.
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