Van ECK Associates Corp Boosts Position in Booz Allen Hamilton Holding Corporation $BAH

Van ECK Associates Corp grew its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 3.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,200,207 shares of the business services provider’s stock after purchasing an additional 70,895 shares during the period. Van ECK Associates Corp’s holdings in Booz Allen Hamilton were worth $219,911,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BAH. Greenleaf Trust boosted its holdings in shares of Booz Allen Hamilton by 5.2% in the third quarter. Greenleaf Trust now owns 2,082 shares of the business services provider’s stock valued at $208,000 after acquiring an additional 102 shares during the period. West Branch Capital LLC raised its stake in shares of Booz Allen Hamilton by 58.3% during the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after purchasing an additional 105 shares during the last quarter. Security National Bank of SO Dak grew its position in Booz Allen Hamilton by 0.6% in the 3rd quarter. Security National Bank of SO Dak now owns 18,184 shares of the business services provider’s stock valued at $1,817,000 after buying an additional 110 shares during the last quarter. KPP Advisory Services LLC increased its stake in Booz Allen Hamilton by 2.5% in the 3rd quarter. KPP Advisory Services LLC now owns 5,119 shares of the business services provider’s stock valued at $512,000 after buying an additional 123 shares during the period. Finally, Aviso Financial Inc. raised its position in Booz Allen Hamilton by 4.8% during the 2nd quarter. Aviso Financial Inc. now owns 2,693 shares of the business services provider’s stock worth $280,000 after buying an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BAH. 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. UBS Group reissued a “neutral” rating and set 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 price target on Booz Allen Hamilton in a report on Tuesday, January 27th. 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, Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton has an average rating of “Reduce” and a consensus target price of $101.25.

Booz Allen Hamilton Stock Down 0.6%

Booz Allen Hamilton stock opened at $81.41 on Tuesday. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $73.93 and a fifty-two week high of $130.91. The firm has a market capitalization of $9.82 billion, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 4.81 and a beta of 0.37. The stock’s fifty day moving average is $86.35 and its two-hundred day moving average is $91.18. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.51. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change 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.