Intech Investment Management LLC Sells 98,882 Shares of Booz Allen Hamilton Holding Corporation $BAH

Intech Investment Management LLC lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 73.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,891 shares of the business services provider’s stock after selling 98,882 shares during the quarter. Intech Investment Management LLC’s holdings in Booz Allen Hamilton were worth $3,737,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group lifted its position in shares of Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 149 shares during the period. WPG Advisers LLC acquired a new stake in Booz Allen Hamilton during the first quarter worth about $35,000. Ransom Advisory Ltd acquired a new stake in Booz Allen Hamilton during the first quarter worth about $35,000. Golden State Wealth Management LLC increased its holdings in Booz Allen Hamilton by 244.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock valued at $35,000 after buying an additional 240 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Booz Allen Hamilton in the 1st quarter valued at approximately $37,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BAH. Stifel Nicolaus set a $106.00 price objective on Booz Allen Hamilton in a research note on Friday, October 24th. UBS Group reduced their price target on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a report on Monday, October 27th. Truist Financial set a $90.00 price objective on shares of Booz Allen Hamilton in a research note on Friday, October 24th. Finally, TD Cowen restated a “hold” rating and issued a $105.00 target price (down previously from $125.00) on shares of Booz Allen Hamilton in a research report on Friday, October 17th. One 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 issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $110.82.

Booz Allen Hamilton Stock Down 0.9%

Shares of NYSE:BAH opened at $80.96 on Wednesday. Booz Allen Hamilton Holding Corporation has a 12-month low of $80.72 and a 12-month high of $151.04. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. The stock has a market cap of $9.82 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 1.46 and a beta of 0.39. The business’s 50 day moving average is $95.03 and its 200 day moving average is $104.54.

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

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be given a dividend of $0.55 per share. The ex-dividend date is Friday, November 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio is currently 33.59%.

Insider Activity at Booz Allen Hamilton

In related news, CEO Horacio Rozanski bought 23,800 shares of the business’s 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 directly owned 687,745 shares in the company, valued at $58,224,491.70. This trade represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.91% of the stock is owned by insiders.

Booz Allen Hamilton Company 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.