Ethic Inc. cut its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 11.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,654 shares of the business services provider’s stock after selling 591 shares during the period. Ethic Inc.’s holdings in Booz Allen Hamilton were worth $479,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group increased its stake in Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 149 shares during the last quarter. WPG Advisers LLC acquired a new position in Booz Allen Hamilton in the first quarter valued at $35,000. Ransom Advisory Ltd acquired a new position in Booz Allen Hamilton in the first quarter valued at $35,000. Banque Cantonale Vaudoise bought a new stake in Booz Allen Hamilton in the first quarter valued at $37,000. Finally, Trust Co. of Toledo NA OH bought a new stake in Booz Allen Hamilton in the second quarter valued at $39,000. 91.82% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. UBS Group decreased their target price on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday. Cowen cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a research note on Monday. TD Cowen restated a “hold” rating and set a $105.00 price target (down from $125.00) on shares of Booz Allen Hamilton in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $117.42.
Booz Allen Hamilton Trading Down 1.2%
Shares of BAH opened at $85.50 on Wednesday. The stock has a market capitalization of $10.37 billion, a P/E ratio of 13.05, a PEG ratio of 1.42 and a beta of 0.42. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. The firm has a fifty day simple moving average of $101.81 and a two-hundred day simple moving average of $107.85. Booz Allen Hamilton Holding Corporation has a twelve month low of $84.82 and a twelve month high of $190.59.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting the consensus estimate of $1.49. The business had revenue of $2.89 billion during 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%. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.
Booz Allen Hamilton Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 33.59%.
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.
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