Weiss Asset Management LP Takes $12.95 Million Position in Booz Allen Hamilton Holding Corporation $BAH

Weiss Asset Management LP acquired a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the first quarter, HoldingsChannel reports. The fund acquired 165,900 shares of the business services provider’s stock, valued at approximately $12,945,000.

Other large investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at about $45,327,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Booz Allen Hamilton by 15.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 128,890 shares of the business services provider’s stock worth $10,941,000 after purchasing an additional 17,686 shares in the last quarter. Teachers Retirement System of The State of Kentucky acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $3,121,000. Legal & General Group Plc raised its holdings in Booz Allen Hamilton by 9.9% in the fourth quarter. Legal & General Group Plc now owns 537,400 shares of the business services provider’s stock valued at $45,335,000 after buying an additional 48,457 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Booz Allen Hamilton by 8.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 287,922 shares of the business services provider’s stock valued at $24,289,000 after buying an additional 22,105 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $72.74 on Friday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.78 and a current ratio of 1.78. Booz Allen Hamilton Holding Corporation has a 1 year low of $59.50 and a 1 year high of $120.04. The firm’s 50-day simple moving average is $70.37 and its 200-day simple moving average is $78.28. The firm has a market cap of $8.71 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 3.76 and a beta of 0.36.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.32. The business had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the firm earned $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Equities analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were given a $0.59 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $2.36 annualized dividend and a dividend yield of 3.2%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 34.25%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Truist Financial decreased their price objective on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a research note on Friday, July 10th. Bank of America decreased their price target on shares of Booz Allen Hamilton from $90.00 to $75.00 and set an “underperform” rating for the company in a research report on Monday, July 20th. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 26th. Wells Fargo & Company initiated coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price for the company. Finally, Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Reduce” and an average price target of $84.46.

Key Stories Impacting Booz Allen Hamilton

Here are the key news stories impacting Booz Allen Hamilton this week:

• Positive Sentiment: Booz Allen beat quarterly profit expectations by a wide margin, which signaled better-than-expected profitability and helped lift sentiment. Booz Allen Hamilton (BAH) Q1 Earnings Top Estimates
• Positive Sentiment: The company maintained FY2027 guidance, with EPS outlook of $6.00 to $6.35 and revenue guidance of $11.2 billion to $11.7 billion, easing fears that the slowdown would worsen. Booz Allen Hamilton Announces First Quarter Fiscal Year 2027 Results
• Neutral Sentiment: Revenue came in below expectations at $1.97 billion versus the much higher analyst forecast cited in the reports, and sales were down year over year, which remains a concern for growth investors. Booz Allen Hamilton earnings report
• Neutral Sentiment: Management said it is seeing accelerating demand in parts of the business, but the top-line weakness means investors are still weighing stronger margins against slower sales. Booz Allen Profit, Revenue Falls Despite Accelerating Demand

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.