Andra AP fonden trimmed its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 13.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,728 shares of the business services provider’s stock after selling 23,872 shares during the period. Andra AP fonden owned 0.13% of Booz Allen Hamilton worth $15,765,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of BAH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Booz Allen Hamilton by 22.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after buying an additional 4,870 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Booz Allen Hamilton by 365.0% during the 1st quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after acquiring an additional 9,223 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Booz Allen Hamilton by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock valued at $464,000 after acquiring an additional 1,559 shares during the last quarter. World Investment Advisors increased its holdings in shares of Booz Allen Hamilton by 38.9% during the 2nd quarter. World Investment Advisors now owns 4,975 shares of the business services provider’s stock valued at $518,000 after acquiring an additional 1,394 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new position in shares of Booz Allen Hamilton in the 2nd quarter valued at approximately $248,000. Institutional investors own 91.82% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on the company. Truist Financial set a $98.00 price target on Booz Allen Hamilton in a report on Friday, January 23rd. Citigroup raised their target price on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings downgraded shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 13th. UBS Group restated a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Finally, DA Davidson set a $81.00 price objective on Booz Allen Hamilton in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $101.25.
Booz Allen Hamilton Stock Down 1.2%
Shares of BAH opened at $78.79 on Friday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a 50-day moving average price of $87.01 and a two-hundred day moving average price of $92.67. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 11.71, a P/E/G ratio of 4.68 and a beta of 0.33. Booz Allen Hamilton Holding Corporation has a 12 month low of $73.93 and a 12 month high of $130.91.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last issued its earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.Booz Allen Hamilton’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities 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 announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a dividend of $0.59 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. Booz Allen Hamilton’s dividend payout ratio is 35.07%.
About Booz Allen Hamilton
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.
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