Swiss National Bank lessened its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 7.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 357,600 shares of the business services provider’s stock after selling 26,900 shares during the period. Swiss National Bank’s holdings in Booz Allen Hamilton were worth $35,742,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of BAH. Rakuten Securities Inc. increased its position in shares of Booz Allen Hamilton by 414.6% during the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 199 shares during the last quarter. West Branch Capital LLC grew its stake in shares of Booz Allen Hamilton by 58.3% in the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after buying an additional 105 shares in the last quarter. Cornerstone Planning Group LLC lifted its stake in Booz Allen Hamilton by 244.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after acquiring an additional 205 shares in the last quarter. Eastern Bank acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at about $35,000. Finally, Transamerica Financial Advisors LLC purchased a new stake in Booz Allen Hamilton during the second quarter worth about $41,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms have issued reports on BAH. Jefferies Financial Group reduced their target price on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a report on Thursday, December 18th. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Stifel Nicolaus lifted their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a report on Friday, January 23rd. Finally, DA Davidson set a $81.00 price target on Booz Allen Hamilton in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton has an average rating of “Reduce” and an average target price of $101.25.
Booz Allen Hamilton Stock Performance
Shares of Booz Allen Hamilton stock traded down $0.13 on Friday, hitting $76.98. The stock had a trading volume of 124,382 shares, compared to its average volume of 2,518,716. The company’s 50 day moving average price is $85.88 and its 200 day moving average price is $90.75. The stock has a market cap of $9.28 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of 4.46 and a beta of 0.37. The company has a current ratio of 1.81, a quick 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.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last posted its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.51. The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The company’s revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.
Booz Allen Hamilton Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a $0.59 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 3.1%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 35.07%.
Booz Allen Hamilton Profile
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.
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