Booz Allen Hamilton (NYSE:BAH) Stock: Insider Buffum Shannon Fitzgerald Sells 2,105 Shares

Booz Allen Hamilton Holding Corporation (NYSE:BAH) EVP Buffum Shannon Fitzgerald sold 2,105 shares of the stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total transaction of $174,504.50. Following the transaction, the executive vice president owned 5,087 shares of the company’s stock, valued at $421,712.30. This represents a 29.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Booz Allen Hamilton Stock Performance

Shares of BAH traded up $4.10 during trading hours on Friday, hitting $88.33. The company’s stock had a trading volume of 3,727,268 shares, compared to its average volume of 2,078,801. The company has a market cap of $10.48 billion, a price-to-earnings ratio of 13.72, a PEG ratio of 1.90 and a beta of 0.37. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.43 and a quick ratio of 1.59. The business has a 50 day simple moving average of $74.88 and a two-hundred day simple moving average of $76.75. 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 announced its quarterly earnings results on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The company had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same period in the prior year, the company posted $1.49 EPS. Booz Allen Hamilton’s revenue was down 3.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. On average, equities analysts expect that Booz Allen Hamilton Holding Corporation will post 6.58 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 12th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 36.65%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Provenance Wealth Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 2,586.7% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 403 shares of the business services provider’s stock worth $28,000 after purchasing an additional 388 shares in the last quarter. Axiom Investment Management LLC bought a new stake in Booz Allen Hamilton in the 1st quarter worth approximately $44,000. Versant Capital Management Inc boosted its stake in Booz Allen Hamilton by 1,122.9% in the second quarter. Versant Capital Management Inc now owns 587 shares of the business services provider’s stock worth $36,000 after buying an additional 539 shares in the last quarter. Pinnacle Wealth Planning Services Inc. boosted its stake in Booz Allen Hamilton by 967.9% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 598 shares of the business services provider’s stock worth $42,000 after buying an additional 542 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Booz Allen Hamilton in the third quarter worth approximately $49,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BAH has been the topic of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a report on Tuesday, July 14th. Wall Street Zen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Monday, October 19th. Citigroup boosted their target price on Booz Allen Hamilton from $77.00 to $88.00 and gave the stock a “neutral” rating in a research report on Monday. BNP Paribas Exane upped their target price on Booz Allen Hamilton from $70.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, TD Cowen raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and raised their price target for the company from $77.00 to $95.00 in a report on Monday. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and an average target price of $89.29.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.