Principal Financial Group Inc. Reduces Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Principal Financial Group Inc. decreased its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 51.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,058 shares of the business services provider’s stock after selling 12,882 shares during the period. Principal Financial Group Inc.’s holdings in Booz Allen Hamilton were worth $1,205,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in BAH. Vanguard Group Inc. grew its holdings in shares of Booz Allen Hamilton by 0.5% in the second quarter. Vanguard Group Inc. now owns 13,137,237 shares of the business services provider’s stock worth $1,367,980,000 after purchasing an additional 65,496 shares during the last quarter. AQR Capital Management LLC boosted its position in Booz Allen Hamilton by 58.2% in the 2nd quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock valued at $264,251,000 after buying an additional 943,660 shares during the period. Geode Capital Management LLC grew its stake in Booz Allen Hamilton by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 2,417,306 shares of the business services provider’s stock worth $251,000,000 after acquiring an additional 37,519 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Booz Allen Hamilton by 49.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock worth $240,698,000 after acquiring an additional 779,156 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Booz Allen Hamilton by 14.7% during the second quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock valued at $239,230,000 after acquiring an additional 293,603 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BAH. Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. Citigroup increased their price target on Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Stifel Nicolaus lifted their price objective on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a report on Monday, January 26th. Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price on the stock. in a report on Friday, October 24th. Finally, UBS Group reissued a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and an average target price of $101.25.

Booz Allen Hamilton Stock Performance

BAH stock opened at $76.43 on Wednesday. Booz Allen Hamilton Holding Corporation has a one year low of $76.38 and a one year high of $130.91. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 4.65 and a beta of 0.33. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a 50-day simple moving average of $88.92 and a two-hundred day simple moving average of $94.30.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.26 by $0.51. The firm had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. Booz Allen Hamilton’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, equities analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is 35.07%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.