Harvest Investment Advisors LLC Makes New Investment in Booz Allen Hamilton Holding Corporation $BAH

Harvest Investment Advisors LLC bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 18,010 shares of the business services provider’s stock, valued at approximately $1,519,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Activest Wealth Management lifted its position in shares of Booz Allen Hamilton by 141.3% in 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 in the last quarter. Torren Management LLC purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $26,000. Rakuten Securities Inc. lifted its position in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 199 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $27,000. Finally, Fulcrum Asset Management LLP purchased a new position in shares of Booz Allen Hamilton in the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

BAH stock opened at $73.91 on Wednesday. The business has a fifty day moving average of $78.41 and a two-hundred day moving average of $82.66. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 4.26 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.46. The company had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The firm’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $2.36 annualized dividend and a yield of 3.2%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 34.25%.

Analyst Ratings Changes

BAH has been the topic of several research reports. Truist Financial decreased their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Weiss Ratings downgraded Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a research report on Monday, May 11th. UBS Group restated a “neutral” rating and issued a $83.00 target price on shares of Booz Allen Hamilton in a research report on Tuesday, May 26th. Finally, William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $88.00.

About Booz Allen Hamilton

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.