Rathbones Group PLC increased its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 8.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 656,297 shares of the business services provider’s stock after buying an additional 50,605 shares during the period. Rathbones Group PLC owned 0.53% of Booz Allen Hamilton worth $68,340,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Nicholas Company Inc. boosted its position in Booz Allen Hamilton by 7.2% during the second quarter. Nicholas Company Inc. now owns 57,892 shares of the business services provider’s stock valued at $6,028,000 after purchasing an additional 3,875 shares in the last quarter. First Command Advisory Services Inc. lifted its position in shares of Booz Allen Hamilton by 368.4% during the first quarter. First Command Advisory Services Inc. now owns 3,981 shares of the business services provider’s stock valued at $416,000 after buying an additional 3,131 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Booz Allen Hamilton by 48.5% in the 1st quarter. American Century Companies Inc. now owns 139,243 shares of the business services provider’s stock valued at $14,562,000 after buying an additional 45,470 shares in the last quarter. Edgestream Partners L.P. grew its position in shares of Booz Allen Hamilton by 1,819.0% in the 1st quarter. Edgestream Partners L.P. now owns 100,920 shares of the business services provider’s stock worth $10,554,000 after buying an additional 95,661 shares during the last quarter. Finally, Isthmus Partners LLC raised its stake in shares of Booz Allen Hamilton by 1.7% during the 1st quarter. Isthmus Partners LLC now owns 93,320 shares of the business services provider’s stock worth $9,759,000 after acquiring an additional 1,543 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. UBS Group decreased their price target on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Finally, JPMorgan Chase & Co. lowered their price target on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average target price of $110.82.
Insiders Place Their Bets
In related news, CEO Horacio Rozanski acquired 23,800 shares of Booz Allen Hamilton stock in a transaction on Thursday, October 30th. The stock was acquired at an average price of $84.66 per share, for a total transaction of $2,014,908.00. Following the purchase, the chief executive officer owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This represents a 3.58% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.91% of the company’s stock.
Booz Allen Hamilton Trading Up 2.2%
Shares of NYSE:BAH opened at $87.48 on Friday. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a 52-week low of $82.23 and a 52-week high of $186.59. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 13.36, a PEG ratio of 1.46 and a beta of 0.39. The business has a 50-day moving average price of $97.97 and a 200-day moving average price of $106.36.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 EPS for the quarter, meeting the consensus estimate of $1.49. The business had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The business’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.
Booz Allen Hamilton Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio is presently 33.59%.
Booz Allen Hamilton Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.
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