Intech Investment Management LLC lessened its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 57.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,128 shares of the business services provider’s stock after selling 20,763 shares during the period. Intech Investment Management LLC’s holdings in Booz Allen Hamilton were worth $1,512,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the business. Norges Bank bought a new position in shares of Booz Allen Hamilton during the second quarter valued at approximately $168,069,000. Primecap Management Co. CA boosted its position in Booz Allen Hamilton by 2,011.8% during the 2nd quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider’s stock valued at $131,939,000 after purchasing an additional 1,207,058 shares during the period. AQR Capital Management LLC grew 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 worth $264,251,000 after buying an additional 943,660 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Booz Allen Hamilton by 49.7% during the 3rd 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 last quarter. Finally, Vanguard Group Inc. increased its position in Booz Allen Hamilton by 4.4% in the third quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock worth $1,371,245,000 after buying an additional 582,069 shares during the period. Institutional investors own 91.82% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently commented on BAH shares. Citigroup upped their price target on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Stifel Nicolaus boosted their target price on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Finally, Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Reduce” and a consensus price target of $101.25.
Booz Allen Hamilton Price Performance
Shares of NYSE:BAH opened at $79.75 on Friday. The stock has a market cap of $9.62 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 4.60 and a beta of 0.37. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton Holding Corporation has a 12 month low of $73.93 and a 12 month high of $130.91. The stock’s 50 day moving average price is $86.49 and its 200 day moving average price is $91.82.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.51. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The company’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities research analysts anticipate 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 disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a $0.59 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. This is an increase 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.
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