Hantz Financial Services Inc. Sells 13,435 Shares of Booz Allen Hamilton Holding Corporation $BAH

Hantz Financial Services Inc. trimmed its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 14.0% in the 3rd quarter, Holdings Channel reports. The fund owned 82,686 shares of the business services provider’s stock after selling 13,435 shares during the quarter. Hantz Financial Services Inc.’s holdings in Booz Allen Hamilton were worth $8,264,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Rakuten Securities Inc. boosted its holdings in Booz Allen Hamilton by 414.6% in the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 199 shares during the period. West Branch Capital LLC raised its position in shares of Booz Allen Hamilton by 58.3% during the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after buying an additional 105 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of Booz Allen Hamilton by 244.0% in the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock valued at $29,000 after buying an additional 205 shares during the period. Golden State Wealth Management LLC grew its position in Booz Allen Hamilton by 244.9% during the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after buying an additional 240 shares in the last quarter. Finally, Eastern Bank bought a new position in Booz Allen Hamilton during the third quarter valued at about $35,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of research reports. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. Citigroup boosted their price target on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a report on Friday, January 23rd. Finally, Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price on the stock. in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $105.77.

Booz Allen Hamilton Stock Up 2.4%

Shares of NYSE:BAH opened at $84.99 on Thursday. The company has a market capitalization of $10.25 billion, a PE ratio of 12.63, a P/E/G ratio of 4.87 and a beta of 0.33. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The company’s fifty day moving average is $89.40 and its 200-day moving average is $96.16. Booz Allen Hamilton Holding Corporation has a 52 week low of $79.23 and a 52 week 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 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates 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 for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors 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 yield of 2.8%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is 32.69%.

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.