Taikang Asset Management Hong Kong Co Ltd Acquires 3,778 Shares of Booz Allen Hamilton Holding Corporation $BAH

Taikang Asset Management Hong Kong Co Ltd raised its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 16.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,082 shares of the business services provider’s stock after purchasing an additional 3,778 shares during the quarter. Taikang Asset Management Hong Kong Co Ltd’s holdings in Booz Allen Hamilton were worth $2,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Brooklyn Investment Group boosted its holdings in shares of Booz Allen Hamilton by 102.8% in the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after buying an additional 149 shares during the last quarter. WPG Advisers LLC purchased a new stake in Booz Allen Hamilton during the first quarter worth about $35,000. Ransom Advisory Ltd purchased a new stake in Booz Allen Hamilton during the first quarter worth about $35,000. Golden State Wealth Management LLC raised its position in Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after acquiring an additional 240 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton in the first quarter valued at about $37,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BAH has been the subject of several research analyst reports. Bank of America lowered shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target for the company. in a research note on Friday, October 24th. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a report on Monday, October 27th. Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. Truist Financial set a $90.00 price target on Booz Allen Hamilton in a research report on Friday, October 24th. Finally, Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $110.82.

Insider Transactions at Booz Allen Hamilton

In other news, CEO Horacio Rozanski purchased 23,800 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was purchased at an average cost of $84.66 per share, with a total value of $2,014,908.00. Following the acquisition, the chief executive officer directly owned 687,745 shares in the company, valued at approximately $58,224,491.70. This trade represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.91% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $82.41 on Tuesday. Booz Allen Hamilton Holding Corporation has a 52-week low of $79.23 and a 52-week high of $150.00. The stock’s 50-day simple moving average is $91.40 and its 200 day simple moving average is $101.90. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.78 and a current ratio of 1.76. The stock has a market capitalization of $10.00 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.49. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the previous year, the firm earned $1.81 EPS. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio is 33.59%.

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.