Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shareholders to Get $0.59 Quarterly Dividend

Booz Allen Hamilton Holding Corporation (NYSE:BAH) announced a quarterly dividend on Wednesday, October 21st. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.59 per share by the business services provider on Friday, December 4th. This represents a $2.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 12th.

Booz Allen Hamilton has raised its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Booz Allen Hamilton has a dividend payout ratio of 31.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Booz Allen Hamilton to earn $6.81 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 34.7%.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $86.96 on Tuesday. The company has a market cap of $10.31 billion, a P/E ratio of 13.50, a P/E/G ratio of 2.01 and a beta of 0.28. Booz Allen Hamilton has a 52-week low of $59.50 and a 52-week high of $109.10. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. The firm’s fifty day moving average is $76.60 and its two-hundred day moving average is $76.46.

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 the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. The business’s revenue was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. As a group, analysts anticipate that Booz Allen Hamilton will post 6.61 EPS for the current fiscal year.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Booz Allen Hamilton

Several large investors have recently added to or reduced their stakes in BAH. Allspring Global Investments Holdings LLC raised its position in Booz Allen Hamilton by 1.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider’s stock valued at $208,226,000 after purchasing an additional 45,276 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Booz Allen Hamilton by 12.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,352,790 shares of the business services provider’s stock valued at $105,567,000 after purchasing an additional 151,166 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Booz Allen Hamilton by 2.6% in the 1st quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock worth $87,181,000 after purchasing an additional 28,462 shares during the period. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Booz Allen Hamilton in the 2nd quarter worth approximately $51,325,000. Finally, Copeland Capital Management LLC boosted its holdings in shares of Booz Allen Hamilton by 292.5% in the 3rd quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock worth $56,047,000 after purchasing an additional 601,677 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity.

The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.