Impact Partnership Wealth LLC Takes Position in Booz Allen Hamilton Holding Corporation $BAH

Impact Partnership Wealth LLC purchased a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,728 shares of the business services provider’s stock, valued at approximately $905,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BAH. Johnson Financial Group Inc. increased its holdings in Booz Allen Hamilton by 26.1% in the 3rd quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock worth $60,000 after buying an additional 124 shares in the last quarter. Ipsen Advisor Group LLC increased its holdings in Booz Allen Hamilton by 3.4% in the 3rd quarter. Ipsen Advisor Group LLC now owns 4,244 shares of the business services provider’s stock worth $424,000 after buying an additional 138 shares in the last quarter. Colonial Trust Co SC increased its holdings in Booz Allen Hamilton by 6.1% in the 3rd quarter. Colonial Trust Co SC now owns 2,669 shares of the business services provider’s stock worth $267,000 after buying an additional 154 shares in the last quarter. CI Investments Inc. increased its holdings in Booz Allen Hamilton by 4.0% in the 3rd quarter. CI Investments Inc. now owns 4,587 shares of the business services provider’s stock worth $458,000 after buying an additional 175 shares in the last quarter. Finally, Activest Wealth Management increased its holdings in Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after buying an additional 178 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BAH has been the subject of several research analyst reports. Truist Financial reduced their price objective on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a report on Monday, April 20th. Weiss Ratings downgraded Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Wells Fargo & Company initiated coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price objective for the company. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday. Finally, Citigroup reduced their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $88.00.

Booz Allen Hamilton Trading Down 2.3%

Booz Allen Hamilton stock opened at $79.17 on Friday. The business has a 50-day simple moving average of $78.83 and a two-hundred day simple moving average of $83.03. The company has a market cap of $9.48 billion, a P/E ratio of 11.49, a P/E/G ratio of 4.61 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $120.04. The company has a quick ratio of 1.81, a current ratio of 1.78 and a debt-to-equity ratio of 3.55.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.46. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The business’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Analysts predict that Booz Allen Hamilton Holding Corporation will post 6.26 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is currently 34.25%.

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.