Zurich Insurance Group Ltd FI Purchases New Stake in Booz Allen Hamilton Holding Corporation $BAH

Zurich Insurance Group Ltd FI purchased a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,900 shares of the business services provider’s stock, valued at approximately $1,349,000.

Several other hedge funds have also bought and sold shares of the business. MassMutual Private Wealth & Trust FSB boosted its holdings in Booz Allen Hamilton by 74.5% during the 1st 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 last quarter. Brooklyn Investment Group boosted its holdings in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after acquiring an additional 149 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Booz Allen Hamilton during the 4th quarter worth $33,000. Versant Capital Management Inc boosted its holdings in Booz Allen Hamilton by 627.3% during the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider’s stock worth $33,000 after acquiring an additional 276 shares during the last quarter. Finally, CX Institutional purchased a new position in Booz Allen Hamilton during the 1st quarter worth $33,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BAH. William Blair raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. Barclays cut their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 28th. Wall Street Zen downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. JPMorgan Chase & Co. boosted their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a report on Monday, July 28th. Finally, Wells Fargo & Company cut their price target on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $134.00.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $103.05 on Wednesday. The company’s 50-day moving average is $108.80 and its 200 day moving average is $110.23. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The company has a market capitalization of $12.70 billion, a P/E ratio of 12.66, a price-to-earnings-growth ratio of 1.60 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $98.95 and a fifty-two week high of $190.59.

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

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton’s payout ratio is currently 27.03%.

Booz Allen Hamilton Company 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.