5,994 Shares of Booz Allen Hamilton Holding Corporation $BAH Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,994 shares of the business services provider’s stock, valued at approximately $416,000.

A number of other large investors also recently made changes to their positions in BAH. Allspring Global Investments Holdings LLC boosted its holdings in Booz Allen Hamilton by 1.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider’s stock worth $208,226,000 after purchasing an additional 45,276 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Booz Allen Hamilton by 12.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,352,790 shares of the business services provider’s stock valued at $105,567,000 after buying an additional 151,166 shares during the last quarter. Bank of America Corp DE increased its stake in Booz Allen Hamilton by 2.6% in the 1st quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock valued at $87,181,000 after buying an additional 28,462 shares during the last quarter. Copeland Capital Management LLC increased its stake in Booz Allen Hamilton by 292.5% in the 3rd quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock valued at $56,047,000 after buying an additional 601,677 shares during the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $51,325,000. 91.82% of the stock is owned by institutional investors.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Joshua Petty sold 1,500 shares of the stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $82.92, for a total transaction of $124,380.00. Following the completion of the transaction, the executive vice president directly owned 8,538 shares of the company’s stock, valued at approximately $707,970.96. This represents a 14.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Buffum Fitzgerald sold 2,105 shares of the stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $82.90, for a total value 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. The disclosure for this sale is available in the SEC filing. Company insiders own 1.08% of the company’s stock.

Booz Allen Hamilton Price Performance

BAH opened at $87.00 on Wednesday. The firm has a market cap of $10.32 billion, a P/E ratio of 12.36, a PEG ratio of 2.00 and a beta of 0.28. The firm has a 50-day moving average of $75.58 and a 200 day moving average of $76.63. 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 fifty-two week low of $59.50 and a fifty-two week high of $109.10.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data 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. The business had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.49 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. On average, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.61 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently declared 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. The ex-dividend date is Thursday, November 12th. This represents a $2.36 annualized dividend and a dividend yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 36.65%.

Analysts Set New Price Targets

BAH has been the topic of several recent analyst reports. TD Cowen raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and lifted their target price for the stock from $77.00 to $95.00 in a research report on Monday, October 26th. Bank of America reaffirmed an “underperform” rating on shares of Booz Allen Hamilton in a report on Monday, October 26th. Citigroup increased their price target on Booz Allen Hamilton from $77.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday, October 26th. Jefferies Financial Group dropped their price target on Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating on the stock in a report on Wednesday, October 7th. Finally, BNP Paribas Exane lifted their price target on Booz Allen Hamilton from $70.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, October 26th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average price target of $89.29.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.