Leuthold Group LLC Buys New Position in Booz Allen Hamilton Holding Corporation $BAH

Leuthold Group LLC purchased a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,785 shares of the business services provider’s stock, valued at approximately $471,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Allspring Global Investments Holdings LLC raised its position in shares of Booz Allen Hamilton by 1.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider’s stock valued at $208,226,000 after buying an additional 45,276 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Booz Allen Hamilton by 12.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,352,790 shares of the business services provider’s stock worth $105,567,000 after acquiring an additional 151,166 shares during the last quarter. Bank of America Corp DE grew its position in Booz Allen Hamilton by 2.6% in the first quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock worth $87,181,000 after acquiring an additional 28,462 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in Booz Allen Hamilton in the second quarter worth $51,325,000. Finally, Copeland Capital Management LLC increased its stake in Booz Allen Hamilton by 292.5% in the third quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock valued at $56,047,000 after acquiring an additional 601,677 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BAH shares. BNP Paribas Exane raised their price target on Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, October 26th. Cantor Fitzgerald dropped their price target on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. UBS Group reiterated a “neutral” rating and issued a $86.00 price objective on shares of Booz Allen Hamilton in a report on Monday, October 26th. Jefferies Financial Group reduced their price objective 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. Finally, The Goldman Sachs Group decreased their price objective on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a report on Tuesday, July 14th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Hold” and an average target price of $89.71.

Insider Activity

In related news, EVP Buffum Fitzgerald sold 2,105 shares of the stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total transaction of $174,504.50. Following the completion of the sale, the executive vice president directly owned 5,087 shares in the company, valued at $421,712.30. This represents a 29.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Joshua Petty sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. 1.08% of the stock is currently owned by insiders.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $87.48 on Wednesday. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. Booz Allen Hamilton Holding Corporation has a 52-week low of $59.50 and a 52-week high of $109.10. The company has a fifty day moving average of $76.84 and a 200-day moving average of $76.41. The stock has a market capitalization of $10.38 billion, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 1.97 and a beta of 0.28.

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 analysts’ consensus estimates of $1.48 by $0.28. The company had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.81 billion. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The firm’s revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.49 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.61 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend 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%.

Booz Allen Hamilton Profile

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.