Booz Allen Hamilton Holding Corporation $BAH Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 21.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,963 shares of the business services provider’s stock after buying an additional 12,656 shares during the period. Illinois Municipal Retirement Fund owned about 0.06% of Booz Allen Hamilton worth $7,193,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BAH. Cibc World Market Inc. boosted its stake in shares of Booz Allen Hamilton by 149.2% during the 3rd quarter. Cibc World Market Inc. now owns 8,437 shares of the business services provider’s stock worth $843,000 after acquiring an additional 5,051 shares in the last quarter. Caprock Group LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $551,000. ING Groep NV purchased a new position in Booz Allen Hamilton in the 3rd quarter worth about $2,389,000. Krilogy Financial LLC purchased a new position in Booz Allen Hamilton in the 3rd quarter worth about $590,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth about $390,000. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Truist Financial set a $98.00 price target on shares of Booz Allen Hamilton in a research report on Friday, January 23rd. Bank of America lowered Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price for the company. in a report on Friday, October 24th. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, January 27th. Jefferies Financial Group dropped their price target 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. Finally, Citigroup raised their price objective on Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $101.25.

Booz Allen Hamilton Stock Up 1.8%

BAH opened at $79.31 on Friday. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $76.83 and a fifty-two week high of $130.91. The business has a 50-day moving average of $89.45 and a 200-day moving average of $94.92. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market capitalization of $9.56 billion, a PE ratio of 11.78, a price-to-earnings-growth ratio of 4.57 and a beta of 0.33.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal 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 given a dividend of $0.59 per share. 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. This represents a $2.36 annualized dividend and a yield of 3.0%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.69%.

Booz Allen Hamilton Company 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.