Parallel Advisors LLC Has $957,000 Holdings in Booz Allen Hamilton Holding Corporation $BAH

Parallel Advisors LLC cut its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 52.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,572 shares of the business services provider’s stock after selling 10,615 shares during the period. Parallel Advisors LLC’s holdings in Booz Allen Hamilton were worth $957,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Booz Allen Hamilton by 4.4% during the third quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock worth $1,371,245,000 after buying an additional 582,069 shares in the last quarter. First Trust Advisors LP increased its position in Booz Allen Hamilton by 10.6% in the 3rd quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after acquiring an additional 342,252 shares during the period. AQR Capital Management LLC lifted its stake in shares of Booz Allen Hamilton by 58.2% in the second quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock worth $264,251,000 after acquiring an additional 943,660 shares during the period. Geode Capital Management LLC raised its position in shares of 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. Finally, Allspring Global Investments Holdings LLC boosted its stake in 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 in the last quarter. 91.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BAH has been the topic of several recent analyst reports. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. UBS Group reissued a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. DA Davidson set a $81.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Finally, Stifel Nicolaus raised their target price on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $101.25.

Booz Allen Hamilton Price Performance

BAH stock opened at $77.46 on Wednesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 52 week low of $73.93 and a 52 week high of $130.91. The firm has a market capitalization of $9.34 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 4.78 and a beta of 0.37. The company has a fifty day simple moving average of $86.20 and a two-hundred day simple moving average of $90.96.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. The business had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, February 13th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.