Security National Bank of Sioux City Iowa IA Grows Position in Booz Allen Hamilton Holding Corporation $BAH

Security National Bank of Sioux City Iowa IA lifted its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 39.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,185 shares of the business services provider’s stock after purchasing an additional 8,245 shares during the quarter. Security National Bank of Sioux City Iowa IA’s holdings in Booz Allen Hamilton were worth $1,771,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BAH. Sequoia Financial Advisors LLC grew its position in shares of Booz Allen Hamilton by 8.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,003 shares of the business services provider’s stock worth $243,000 after buying an additional 295 shares during the period. Engineers Gate Manager LP lifted its position in Booz Allen Hamilton by 3,206.2% during the 2nd quarter. Engineers Gate Manager LP now owns 101,268 shares of the business services provider’s stock valued at $6,144,000 after acquiring an additional 98,205 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Booz Allen Hamilton during the 2nd quarter valued at about $368,000. IFP Advisors Inc boosted its stake in Booz Allen Hamilton by 24.8% during the second quarter. IFP Advisors Inc now owns 1,377 shares of the business services provider’s stock worth $84,000 after acquiring an additional 274 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its stake in Booz Allen Hamilton by 53.7% during the second quarter. Baird Financial Group Inc. now owns 18,080 shares of the business services provider’s stock worth $1,097,000 after acquiring an additional 6,314 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

BAH traded down $1.77 during midday trading on Friday, hitting $77.12. 1,997,724 shares of the company traded hands, compared to its average volume of 2,115,094. The company’s 50-day moving average is $72.82 and its 200 day moving average is $74.77. The company has a quick ratio of 1.59, a current ratio of 1.60 and a debt-to-equity ratio of 3.26. The firm has a market capitalization of $9.28 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. Booz Allen Hamilton Holding Corporation has a 52 week low of $59.50 and a 52 week high of $109.10.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.32. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The firm had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same period in the previous year, the company earned $1.48 earnings per share. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. On average, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.33 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were issued a $0.59 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.36 dividend on an annualized basis and a yield of 3.1%. Booz Allen Hamilton’s dividend payout ratio is currently 37.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BAH shares. Bank of America cut their price objective on shares of Booz Allen Hamilton from $90.00 to $75.00 and set an “underperform” rating on the stock in a report on Monday, July 20th. Citigroup dropped their price target on Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st. BNP Paribas Exane assumed coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price target on the stock. Cantor Fitzgerald reduced their price objective on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Finally, UBS Group lifted their price objective on Booz Allen Hamilton from $70.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $83.69.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation, operating as Booz Allen Hamilton, is a management and technology consulting company that primarily serves the U.S. government. Its clients include defense, intelligence, civil government, and national security organizations, as well as select commercial and international customers.

The company provides consulting and technology services focused on artificial intelligence, data and analytics, cybersecurity, digital transformation, engineering, cloud computing, and mission operations.