Argent Capital Management LLC Decreases Holdings in Booz Allen Hamilton Holding Corporation $BAH

Argent Capital Management LLC cut its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 98.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,019 shares of the business services provider’s stock after selling 586,903 shares during the quarter. Argent Capital Management LLC’s holdings in Booz Allen Hamilton were worth $845,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Mediolanum International Funds Ltd increased its position in Booz Allen Hamilton by 28.6% during the third quarter. Mediolanum International Funds Ltd now owns 73,404 shares of the business services provider’s stock worth $7,259,000 after purchasing an additional 16,304 shares during the last quarter. Primecap Management Co. CA raised its position in Booz Allen Hamilton by 56.6% in the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock valued at $198,285,000 after purchasing an additional 716,780 shares during the period. Sage Rhino Capital LLC acquired a new position in Booz Allen Hamilton during the 3rd quarter worth about $997,000. Citigroup Inc. boosted its stake in shares of Booz Allen Hamilton by 413.4% in the third quarter. Citigroup Inc. now owns 389,301 shares of the business services provider’s stock valued at $38,911,000 after purchasing an additional 313,472 shares during the period. Finally, Midwest Trust Co boosted its position in Booz Allen Hamilton by 13.4% in the 3rd quarter. Midwest Trust Co now owns 119,587 shares of the business services provider’s stock valued at $11,953,000 after buying an additional 14,134 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Stifel Nicolaus increased their price target on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research report on Monday, January 26th. Weiss Ratings upgraded shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Zacks Research upgraded Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. Jefferies Financial Group decreased their target price on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. Finally, William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $101.25.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $80.78 on Friday. The firm’s 50-day simple moving average is $84.72 and its 200 day simple moving average is $89.67. The firm has a market capitalization of $9.74 billion, a PE ratio of 12.00, a P/E/G ratio of 4.62 and a beta of 0.37. Booz Allen Hamilton Holding Corporation has a 52 week low of $73.93 and a 52 week high of $130.91. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share 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 net margin of 7.35% and a return on equity of 76.79%. The company’s revenue was down 10.2% on a year-over-year basis. During the same period last year, the company posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, equities 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 announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio is presently 35.07%.

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.