Federated Hermes Inc. Has $27.96 Million Holdings in Booz Allen Hamilton Holding Corporation $BAH

Federated Hermes Inc. cut its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 41.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 279,767 shares of the business services provider’s stock after selling 201,956 shares during the quarter. Federated Hermes Inc. owned 0.23% of Booz Allen Hamilton worth $27,963,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BAH. Vanguard Group Inc. lifted its position in shares of Booz Allen Hamilton by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 13,137,237 shares of the business services provider’s stock valued at $1,367,980,000 after acquiring an additional 65,496 shares in the last quarter. AQR Capital Management LLC raised its stake in Booz Allen Hamilton by 58.2% during the 2nd quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock valued at $264,251,000 after purchasing an additional 943,660 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Booz Allen Hamilton by 1.6% in the second 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 in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Booz Allen Hamilton by 49.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock worth $240,698,000 after buying an additional 779,156 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Booz Allen Hamilton by 14.7% during the second quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock valued at $239,230,000 after buying an additional 293,603 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $88.30 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.76 and a current ratio of 1.81. The firm has a market cap of $10.65 billion, a PE ratio of 13.12, a PEG ratio of 5.20 and a beta of 0.34. The firm’s 50 day moving average price is $89.25 and its 200 day moving average price is $96.69. Booz Allen Hamilton Holding Corporation has a twelve month low of $79.23 and a twelve month high of $134.27.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. The business had revenue of $1.85 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%. Booz Allen Hamilton’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.7%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is currently 32.69%.

Analysts Set New Price Targets

BAH has been the subject of a number of research reports. Truist Financial set a $98.00 price objective on Booz Allen Hamilton in a research report on Friday, January 23rd. Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target for the company. in a report on Friday, October 24th. Citigroup boosted their price objective on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. TD Cowen downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. Finally, UBS Group restated a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a report on Tuesday. One investment 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 issued a Sell rating to the company. According to data from MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average price target of $108.93.

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.