Booz Allen Hamilton Holding Corporation $BAH Stock: D Orazio & Associates Inc. Reduces Stake

D Orazio & Associates Inc. trimmed its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 5.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 658,454 shares of the business services provider’s stock after selling 39,670 shares during the period. Booz Allen Hamilton makes up approximately 5.0% of D Orazio & Associates Inc.’s portfolio, making the stock its 3rd biggest holding. D Orazio & Associates Inc.’s holdings in Booz Allen Hamilton were worth $45,710,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Provenance Wealth Advisors LLC lifted its position in Booz Allen Hamilton by 2,586.7% during the third quarter. Provenance Wealth Advisors LLC now owns 403 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 388 shares during the last quarter. Axiom Investment Management LLC purchased a new position in Booz Allen Hamilton in the 1st quarter worth approximately $44,000. Versant Capital Management Inc grew its stake in Booz Allen Hamilton by 1,122.9% in the 2nd quarter. Versant Capital Management Inc now owns 587 shares of the business services provider’s stock worth $36,000 after buying an additional 539 shares in the last quarter. Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Booz Allen Hamilton by 967.9% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 598 shares of the business services provider’s stock worth $42,000 after buying an additional 542 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Booz Allen Hamilton in the 3rd quarter worth $49,000. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BAH has been the topic of several research reports. Cantor Fitzgerald lowered their price objective on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Wall Street Zen upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Monday, October 19th. BNP Paribas Exane increased their target price on Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, October 26th. Truist Financial upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and raised their price target for the company from $70.00 to $85.00 in a research report on Thursday, October 8th. Finally, Jefferies Financial Group lowered their price target on Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating on the stock in a research report on Wednesday, October 7th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $89.71.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $87.48 on Wednesday. The firm has a market cap of $10.38 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 1.97 and a beta of 0.28. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $59.50 and a fifty-two week high of $109.10. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. The business has a 50 day moving average price of $76.84 and a 200-day moving average price of $76.41.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same period in the previous year, the firm earned $1.49 earnings per share. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.61 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 12th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 36.65%.

Insiders Place Their Bets

In other Booz Allen Hamilton news, EVP Joshua Petty sold 1,500 shares of the business’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total value of $124,380.00. Following the transaction, the executive vice president owned 8,538 shares in the company, valued at approximately $707,970.96. The trade was a 14.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Buffum Fitzgerald sold 2,105 shares of the company’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $82.90, for a total transaction of $174,504.50. Following the transaction, the executive vice president directly owned 5,087 shares of the company’s stock, valued at approximately $421,712.30. This trade represents a 29.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.08% of the stock is owned by company insiders.

About Booz Allen Hamilton

Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity. The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.