Booz Allen Hamilton Holding Corporation (NYSE:BAH) Short Interest Down 13.2% in March

Booz Allen Hamilton Holding Corporation (NYSE:BAH) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 8,035,395 shares, a decline of 13.2% from the February 26th total of 9,253,974 shares. Currently, 6.7% of the company’s stock are sold short. Based on an average trading volume of 2,084,997 shares, the short-interest ratio is presently 3.9 days.

Booz Allen Hamilton Trading Down 1.3%

NYSE BAH opened at $77.96 on Wednesday. Booz Allen Hamilton has a 12 month low of $73.93 and a 12 month high of $130.91. 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 50 day moving average of $82.00 and a 200-day moving average of $88.02. The company has a market cap of $9.40 billion, a PE ratio of 11.58, a PEG ratio of 4.63 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results 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 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 firm’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, equities research analysts anticipate that Booz Allen Hamilton 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. Stockholders of record on Friday, February 13th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. 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 payout ratio is currently 35.07%.

Hedge Funds Weigh In On Booz Allen Hamilton

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mediolanum International Funds Ltd raised its position in shares of Booz Allen Hamilton by 28.6% in the third quarter. Mediolanum International Funds Ltd now owns 73,404 shares of the business services provider’s stock valued at $7,259,000 after purchasing an additional 16,304 shares during the period. Primecap Management Co. CA grew its stake in Booz Allen Hamilton by 56.6% in the 3rd quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock valued at $198,285,000 after buying an additional 716,780 shares during the last quarter. Sage Rhino Capital LLC acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at about $997,000. Citigroup Inc. raised its holdings in Booz Allen Hamilton by 413.4% in the 3rd quarter. Citigroup Inc. now owns 389,301 shares of the business services provider’s stock valued at $38,911,000 after acquiring an additional 313,472 shares during the period. Finally, Midwest Trust Co raised its holdings 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 acquiring an additional 14,134 shares during the period. Institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

BAH has been the topic of a number of recent research reports. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. DA Davidson set a $81.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. UBS Group reiterated a “neutral” rating and issued a $97.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Truist Financial set a $98.00 price target on shares of Booz Allen Hamilton in a research report on Friday, January 23rd. Finally, Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $101.25.

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.