5,994 Shares of Booz Allen Hamilton Holding Corporation $BAH Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC bought a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,994 shares of the business services provider’s stock, valued at approximately $416,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc raised its position in shares of Booz Allen Hamilton by 1,122.9% in the second quarter. Versant Capital Management Inc now owns 587 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 539 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its holdings in Booz Allen Hamilton by 967.9% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 598 shares of the business services provider’s stock worth $42,000 after buying an additional 542 shares during the period. Axiom Investment Management LLC bought a new position in Booz Allen Hamilton in the 1st quarter worth approximately $44,000. Root Financial Partners LLC bought a new position in Booz Allen Hamilton in the 3rd quarter worth approximately $49,000. Finally, Signaturefd LLC boosted its holdings in Booz Allen Hamilton by 42.2% in the 3rd quarter. Signaturefd LLC now owns 734 shares of the business services provider’s stock worth $51,000 after buying an additional 218 shares during the period. Institutional investors own 91.82% of the company’s stock.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Joshua Petty sold 1,500 shares of the firm’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total value of $124,380.00. Following the completion of the transaction, the executive vice president directly owned 8,538 shares of the company’s stock, valued at $707,970.96. This trade represents a 14.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Buffum Fitzgerald sold 2,105 shares of the business’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $82.90, for a total transaction of $174,504.50. Following the transaction, the executive vice president owned 5,087 shares of the company’s stock, valued at $421,712.30. This trade represents a 29.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.08% of the company’s stock.

Booz Allen Hamilton Trading Down 1.2%

Shares of Booz Allen Hamilton stock opened at $87.00 on Wednesday. Booz Allen Hamilton Holding Corporation has a 12-month low of $59.50 and a 12-month high of $109.10. The company has a market cap of $10.32 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 2.00 and a beta of 0.28. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 3.53. The company’s 50-day moving average price is $75.58 and its 200-day moving average price is $76.63.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.28. The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. Booz Allen Hamilton’s revenue was down 3.9% compared to the same quarter last year. During the same period last year, the business earned $1.49 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. On average, equities analysts expect that Booz Allen Hamilton Holding Corporation will post 6.61 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 12th will be paid a $0.59 dividend. The ex-dividend date is Thursday, November 12th. This represents a $2.36 annualized dividend and a yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio is currently 36.65%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BAH. National Bank Financial set a $95.00 target price on shares of Booz Allen Hamilton in a report on Monday, October 26th. The Goldman Sachs Group dropped their target price on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a research report on Tuesday, July 14th. Jefferies Financial Group cut their price target on Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating for the company in a report on Wednesday, October 7th. Truist Financial upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and lifted their price target for the company from $70.00 to $85.00 in a research report on Thursday, October 8th. Finally, UBS Group reiterated a “neutral” rating and issued a $86.00 price target on shares of Booz Allen Hamilton in a research report on Monday, October 26th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $89.29.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.