Rhumbline Advisers Cuts Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Rhumbline Advisers lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 5.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,676 shares of the business services provider’s stock after selling 8,364 shares during the quarter. Rhumbline Advisers owned 0.13% of Booz Allen Hamilton worth $15,660,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Booz Allen Hamilton by 0.5% in the second quarter. Vanguard Group Inc. now owns 13,137,237 shares of the business services provider’s stock valued at $1,367,980,000 after purchasing an additional 65,496 shares during the last quarter. AQR Capital Management LLC grew its position in Booz Allen Hamilton by 58.2% in the 2nd quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock worth $264,251,000 after purchasing an additional 943,660 shares in the last quarter. Geode Capital Management LLC increased its stake in Booz Allen Hamilton by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 2,417,306 shares of the business services provider’s stock valued at $251,000,000 after buying an additional 37,519 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Booz Allen Hamilton by 49.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock valued at $240,698,000 after buying an additional 779,156 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Booz Allen Hamilton by 14.7% during the 2nd quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock worth $239,230,000 after buying an additional 293,603 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 2.6%

BAH stock opened at $78.38 on Thursday. The stock has a fifty day moving average of $88.63 and a 200-day moving average of $94.19. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $76.26 and a fifty-two week high of $130.91. The company has a market capitalization of $9.45 billion, a price-to-earnings ratio of 11.65, a PEG ratio of 4.48 and a beta of 0.33. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, beating the consensus estimate of $1.26 by $0.51. The business had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company’s revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is presently 35.07%.

Analyst Upgrades and Downgrades

BAH has been the subject of several recent analyst reports. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a report on Tuesday, January 27th. Jefferies Financial Group cut their price objective on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a research report on Thursday, December 18th. UBS Group reaffirmed a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. Finally, Stifel Nicolaus boosted their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a report on Monday, January 26th. One 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 given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $101.25.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.