Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Swiss National Bank

Swiss National Bank lessened its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 27.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,100 shares of the business services provider’s stock after selling 90,285 shares during the period. Swiss National Bank’s holdings in Booz Allen Hamilton were worth $18,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. Primecap Management Co. CA increased its holdings in shares of Booz Allen Hamilton by 135.2% in the 4th quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock valued at $393,649,000 after acquiring an additional 2,682,460 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in Booz Allen Hamilton by 38.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock worth $550,722,000 after acquiring an additional 1,811,906 shares during the period. Norges Bank purchased a new position in shares of Booz Allen Hamilton in the 4th quarter valued at approximately $143,749,000. State Street Corp grew its stake in shares of Booz Allen Hamilton by 53.2% in the 4th quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock valued at $371,428,000 after purchasing an additional 1,528,739 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Booz Allen Hamilton by 36.0% in the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock valued at $409,697,000 after purchasing an additional 1,285,475 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Stifel Nicolaus set a $110.00 target price on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. reduced their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 26th. Cantor Fitzgerald decreased their price target on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday. TD Cowen reduced their target price on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Finally, Truist Financial dropped their price target on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $84.46.

Booz Allen Hamilton Price Performance

Shares of BAH stock opened at $72.74 on Friday. The company has a market capitalization of $8.71 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of 3.41 and a beta of 0.36. The firm has a fifty day simple moving average of $70.37 and a 200-day simple moving average of $78.28. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55. Booz Allen Hamilton Holding Corporation has a twelve month low of $59.50 and a twelve month high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.32. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. 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. Equities research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.31 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 34.25%.

Trending Headlines about Booz Allen Hamilton

Here are the key news stories impacting Booz Allen Hamilton this week:

• Positive Sentiment: Booz Allen beat quarterly profit expectations by a wide margin, which signaled better-than-expected profitability and helped lift sentiment. Booz Allen Hamilton (BAH) Q1 Earnings Top Estimates
• Positive Sentiment: The company maintained FY2027 guidance, with EPS outlook of $6.00 to $6.35 and revenue guidance of $11.2 billion to $11.7 billion, easing fears that the slowdown would worsen. Booz Allen Hamilton Announces First Quarter Fiscal Year 2027 Results
• Neutral Sentiment: Revenue came in below expectations at $1.97 billion versus the much higher analyst forecast cited in the reports, and sales were down year over year, which remains a concern for growth investors. Booz Allen Hamilton earnings report
• Neutral Sentiment: Management said it is seeing accelerating demand in parts of the business, but the top-line weakness means investors are still weighing stronger margins against slower sales. Booz Allen Profit, Revenue Falls Despite Accelerating Demand

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.