Prospera Financial Services Inc Boosts Position in Booz Allen Hamilton Holding Corporation $BAH

Prospera Financial Services Inc raised its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 27.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,705 shares of the business services provider’s stock after buying an additional 1,894 shares during the period. Prospera Financial Services Inc’s holdings in Booz Allen Hamilton were worth $907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in shares of Booz Allen Hamilton by 603.1% during the first quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock valued at $151,266,000 after acquiring an additional 1,240,689 shares in the last quarter. AQR Capital Management LLC grew its stake in Booz Allen Hamilton by 288.4% in the first quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock worth $168,491,000 after purchasing an additional 1,204,446 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Booz Allen Hamilton by 187.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock worth $168,136,000 after purchasing an additional 1,021,809 shares during the period. 1832 Asset Management L.P. raised its position in Booz Allen Hamilton by 78.7% during the 1st quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock valued at $153,370,000 after purchasing an additional 646,053 shares in the last quarter. Finally, Pacer Advisors Inc. bought a new stake in Booz Allen Hamilton during the 1st quarter valued at $59,148,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Price Performance

BAH opened at $84.87 on Thursday. The firm has a market capitalization of $10.29 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.76 and a quick ratio of 1.78. The business’s 50-day moving average is $96.64 and its two-hundred day moving average is $105.68. Booz Allen Hamilton Holding Corporation has a 1 year low of $82.23 and a 1 year high of $182.35.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.49. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The business had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same period last year, the business earned $1.81 EPS. The company’s revenue was down 8.1% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 33.59%.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. The Goldman Sachs Group lowered their price objective on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a research note on Monday, October 27th. Cowen cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Finally, Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target for the company. in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $110.82.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton news, CEO Horacio Rozanski purchased 23,800 shares of Booz Allen Hamilton stock in a transaction dated Thursday, October 30th. The shares were acquired at an average cost of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the transaction, the chief executive officer owned 687,745 shares in the company, valued at approximately $58,224,491.70. This trade represents a 3.58% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.91% of the company’s stock.

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.