Penserra Capital Management LLC Raises Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Penserra Capital Management LLC boosted its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 43.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 275,474 shares of the business services provider’s stock after purchasing an additional 83,322 shares during the period. Penserra Capital Management LLC owned approximately 0.23% of Booz Allen Hamilton worth $27,532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of BAH. Vanguard Group Inc. grew 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 worth $1,367,980,000 after acquiring an additional 65,496 shares during the period. AQR Capital Management LLC boosted its position in Booz Allen Hamilton by 58.2% in the second 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 during the last quarter. Geode Capital Management LLC grew its stake in shares of Booz Allen Hamilton by 1.6% during 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 purchasing an additional 37,519 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Booz Allen Hamilton by 49.7% during 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 purchasing an additional 779,156 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Booz Allen Hamilton by 14.7% in 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 purchasing an additional 293,603 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Down 5.2%

NYSE BAH opened at $82.97 on Wednesday. Booz Allen Hamilton Holding Corporation has a 12 month low of $79.23 and a 12 month high of $134.27. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. The stock has a market cap of $10.01 billion, a PE ratio of 12.33, a P/E/G ratio of 5.13 and a beta of 0.33. The stock’s 50 day moving average is $89.37 and its 200 day moving average is $96.23.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter last year, the business posted $1.55 earnings per share. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Friday, February 13th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 dividend on an annualized basis and a yield of 2.8%. Booz Allen Hamilton’s dividend payout ratio is currently 32.69%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Bank of America downgraded shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target on the stock. in a research report on Friday, October 24th. UBS Group restated a “neutral” rating and issued a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Citigroup lifted their target price on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Zacks Research upgraded Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Finally, Weiss Ratings raised Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $105.77.

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.