Primecap Management Co. CA Raises Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Primecap Management Co. CA raised its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 2,011.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,267,058 shares of the business services provider’s stock after purchasing an additional 1,207,058 shares during the period. Primecap Management Co. CA’s holdings in Booz Allen Hamilton were worth $131,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of BAH. Roundview Capital LLC grew its position in shares of Booz Allen Hamilton by 0.3% in the 2nd quarter. Roundview Capital LLC now owns 37,258 shares of the business services provider’s stock worth $3,880,000 after buying an additional 99 shares during the last quarter. Raiffeisen Bank International AG boosted its stake in Booz Allen Hamilton by 4.9% in the first quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider’s stock valued at $225,000 after acquiring an additional 100 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in Booz Allen Hamilton by 26.7% in the second quarter. Creative Financial Designs Inc. ADV now owns 493 shares of the business services provider’s stock worth $51,000 after purchasing an additional 104 shares during the last quarter. Intrust Bank NA grew its holdings in Booz Allen Hamilton by 2.6% in the first quarter. Intrust Bank NA now owns 4,544 shares of the business services provider’s stock worth $475,000 after purchasing an additional 113 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in shares of Booz Allen Hamilton by 1.9% during the second quarter. Sequoia Financial Advisors LLC now owns 6,483 shares of the business services provider’s stock worth $675,000 after purchasing an additional 121 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Booz Allen Hamilton

In related news, CEO Horacio Rozanski bought 23,800 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The shares were purchased at an average cost of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the acquisition, the chief executive officer directly owned 687,745 shares in the company, valued at approximately $58,224,491.70. The trade was 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 accessible through this link. 0.91% of the stock is owned by insiders.

Analysts Set New Price Targets

BAH has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered their price objective on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a research report on Monday, October 27th. Weiss Ratings restated a “hold (c-)” rating on shares of Booz Allen Hamilton in a research note on Thursday, November 13th. Bank of America lowered shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective for the company. in a research report on Friday, October 24th. Stifel Nicolaus set a $106.00 target price on shares of Booz Allen Hamilton in a research report on Friday, October 24th. Finally, Zacks Research downgraded shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $110.82.

Booz Allen Hamilton Stock Performance

BAH opened at $80.58 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.78 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a 12-month low of $79.82 and a 12-month high of $151.04. The firm has a 50 day moving average of $94.59 and a two-hundred day moving average of $104.37. The firm has a market capitalization of $9.77 billion, a PE ratio of 12.30, a P/E/G ratio of 1.46 and a beta of 0.39.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.49. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the business earned $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

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

About Booz Allen Hamilton

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.