Wealth Enhancement Advisory Services LLC Boosts Position in Booz Allen Hamilton Holding Corporation $BAH

Wealth Enhancement Advisory Services LLC lifted its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 7.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 99,605 shares of the business services provider’s stock after purchasing an additional 6,786 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Booz Allen Hamilton were worth $8,976,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of BAH. Vanguard Group Inc. boosted its holdings in Booz Allen Hamilton by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock valued at $1,371,245,000 after purchasing an additional 582,069 shares during the period. AQR Capital Management LLC boosted its stake in Booz Allen Hamilton by 48.6% during the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after buying an additional 1,246,451 shares during the period. First Trust Advisors LP grew its position in Booz Allen Hamilton by 10.6% during the third quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock worth $356,927,000 after buying an additional 342,252 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Booz Allen Hamilton by 49.7% in 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 acquiring an additional 779,156 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Booz Allen Hamilton by 14.7% in the 2nd 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 acquiring an additional 293,603 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Jefferies Financial Group cut their price objective on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a report on Thursday, December 18th. UBS Group reaffirmed a “neutral” rating and issued a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. DA Davidson set a $81.00 target price on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Citigroup boosted 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 note on Tuesday, January 13th. Finally, William Blair reissued 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, nine have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $101.25.

Booz Allen Hamilton Stock Down 2.3%

Shares of BAH opened at $78.47 on Friday. Booz Allen Hamilton Holding Corporation has a 1 year low of $73.93 and a 1 year high of $130.91. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The stock has a 50 day simple moving average of $82.68 and a two-hundred day simple moving average of $88.59. The firm has a market cap of $9.46 billion, a P/E ratio of 11.66, a P/E/G ratio of 4.71 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH) last announced 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 firm had revenue of $2.62 billion during 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 business’s quarterly revenue was down 10.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were issued a $0.59 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 35.07%.

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.