AGF Management Ltd. Buys 27,646 Shares of Booz Allen Hamilton Holding Corporation $BAH

AGF Management Ltd. boosted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 985.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,452 shares of the business services provider’s stock after buying an additional 27,646 shares during the period. AGF Management Ltd.’s holdings in Booz Allen Hamilton were worth $3,171,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group grew its stake in shares of Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after acquiring an additional 149 shares during the last quarter. WPG Advisers LLC purchased a new stake in Booz Allen Hamilton during the 1st quarter valued at about $35,000. Ransom Advisory Ltd bought a new stake in Booz Allen Hamilton during the 1st quarter valued at about $35,000. Golden State Wealth Management LLC raised its holdings in Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after buying an additional 240 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton in the first quarter worth about $37,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BAH shares. JPMorgan Chase & Co. reduced their price target on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a research report on Monday, October 27th. Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. Stifel Nicolaus set a $106.00 price target on Booz Allen Hamilton in a report on Friday, October 24th. Finally, UBS Group reduced their price objective 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. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and four have given 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 $110.82.

Booz Allen Hamilton Trading Up 2.2%

Shares of NYSE:BAH opened at $87.48 on Monday. The stock’s 50-day simple moving average is $97.97 and its two-hundred day simple moving average is $106.28. The stock has a market capitalization of $10.61 billion, a price-to-earnings ratio of 13.36, a PEG ratio of 1.46 and a beta of 0.39. Booz Allen Hamilton Holding Corporation has a 52-week low of $82.23 and a 52-week high of $186.59. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.78 and a current ratio of 1.76.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 EPS for the quarter, meeting the consensus estimate of $1.49. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The business’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 firm earned $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 33.59%.

Insider Activity

In related news, CEO Horacio Rozanski acquired 23,800 shares of Booz Allen Hamilton stock in a transaction dated Thursday, October 30th. The stock was purchased at an average cost of $84.66 per share, for a total transaction of $2,014,908.00. Following the purchase, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This trade represents a 3.58% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.91% of the stock is currently owned by insiders.

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.