Booz Allen Hamilton (NYSE:BAH) Stock Price Down 5.1% – Here’s Why

Booz Allen Hamilton Holding Corporation (NYSE:BAH)’s share price dropped 5.1% during mid-day trading on Wednesday . The company traded as low as $80.61 and last traded at $76.88. Approximately 95,486 shares were traded during trading, a decline of 96% from the average daily volume of 2,226,721 shares. The stock had previously closed at $81.00.

Analysts Set New Price Targets

Several brokerages have recently commented on BAH. Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price for the company. William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Truist Financial cut their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research note on Monday. Stifel Nicolaus lifted their price target on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Finally, Citigroup dropped their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $94.17.

Booz Allen Hamilton Stock Down 3.4%

The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $9.44 billion, a P/E ratio of 11.63, a PEG ratio of 4.66 and a beta of 0.35. The stock has a 50 day moving average price of $79.43 and a 200 day moving average price of $86.02.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.Booz Allen Hamilton’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.07 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were issued a $0.59 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a yield of 3.0%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 35.07%.

Hedge Funds Weigh In On Booz Allen Hamilton

Several institutional investors and hedge funds have recently added to or reduced their stakes in BAH. Activest Wealth Management raised its stake in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares during the last quarter. Torren Management LLC bought a new position in Booz Allen Hamilton during the 4th quarter worth $26,000. Rakuten Securities Inc. grew its position in shares of Booz Allen Hamilton by 414.6% in the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after buying an additional 199 shares during the last quarter. Aventura Private Wealth LLC acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $27,000. Finally, West Branch Capital LLC raised its position in shares of Booz Allen Hamilton by 58.3% during the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after acquiring an additional 105 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Company Profile

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.