Diamond Hill Capital Management Inc. Purchases New Shares in Booz Allen Hamilton Holding Corporation $BAH

Diamond Hill Capital Management Inc. bought a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 370,285 shares of the business services provider’s stock, valued at approximately $37,010,000. Diamond Hill Capital Management Inc. owned 0.31% of Booz Allen Hamilton as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Plato Investment Management Ltd raised its stake in Booz Allen Hamilton by 461.7% during the 3rd quarter. Plato Investment Management Ltd now owns 6,308 shares of the business services provider’s stock valued at $626,000 after acquiring an additional 5,185 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Booz Allen Hamilton by 23.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,463 shares of the business services provider’s stock worth $145,000 after purchasing an additional 280 shares during the last quarter. Alps Advisors Inc. lifted its holdings in shares of Booz Allen Hamilton by 37.9% during the third quarter. Alps Advisors Inc. now owns 4,354 shares of the business services provider’s stock worth $435,000 after purchasing an additional 1,196 shares during the period. Gallacher Capital Management LLC grew its position in Booz Allen Hamilton by 80.5% in the 3rd quarter. Gallacher Capital Management LLC now owns 7,101 shares of the business services provider’s stock valued at $710,000 after buying an additional 3,167 shares during the last quarter. Finally, Savant Capital LLC increased its stake in Booz Allen Hamilton by 113.8% in the 3rd quarter. Savant Capital LLC now owns 26,694 shares of the business services provider’s stock valued at $2,668,000 after buying an additional 14,207 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BAH. Bank of America lowered shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target on the stock. in a research note on Friday, October 24th. UBS Group reiterated a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Stifel Nicolaus lifted their price target on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Finally, TD Cowen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $101.25.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $89.12 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $10.75 billion, a P/E ratio of 13.24, a price-to-earnings-growth ratio of 5.22 and a beta of 0.33. The firm has a 50-day moving average price of $89.55 and a two-hundred day moving average price of $95.82. Booz Allen Hamilton Holding Corporation has a twelve month low of $79.23 and a twelve month high of $130.91.

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 the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period in the prior year, the business earned $1.55 earnings per share. The company’s quarterly revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, research analysts expect 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 will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a dividend of $0.59 per share. The ex-dividend date is Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a yield of 2.6%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.69%.

About Booz Allen Hamilton

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.