Algert Global LLC Has $1.79 Million Stake in Booz Allen Hamilton Holding Corporation $BAH

Algert Global LLC trimmed its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 44.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,128 shares of the business services provider’s stock after selling 13,754 shares during the period. Algert Global LLC’s holdings in Booz Allen Hamilton were worth $1,791,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Booz Allen Hamilton by 74.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock worth $26,000 after acquiring an additional 105 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $33,000. Ancora Advisors LLC acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $34,000. True Wealth Design LLC raised its holdings in shares of Booz Allen Hamilton by 2,316.7% during the fourth quarter. True Wealth Design LLC now owns 290 shares of the business services provider’s stock worth $37,000 after acquiring an additional 278 shares during the period. Finally, CX Institutional acquired a new stake in shares of Booz Allen Hamilton during the first quarter worth $33,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $108.7990 on Friday. The company has a market cap of $13.41 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 1.71 and a beta of 0.47. Booz Allen Hamilton Holding Corporation has a 1-year low of $98.95 and a 1-year high of $190.59. The company’s fifty day simple moving average is $107.55 and its 200 day simple moving average is $111.64. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the company earned $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.0%. Booz Allen Hamilton’s payout ratio is presently 27.03%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $108.00 to $94.00 in a report on Wednesday, May 28th. Raymond James Financial restated a “market perform” rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. William Blair upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. Barclays reduced their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, May 28th. Finally, UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $134.00.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.