Booz Allen Hamilton Holding Corporation $BAH Shares Bought by Primecap Management Co. CA

Primecap Management Co. CA lifted its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 56.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,983,838 shares of the business services provider’s stock after buying an additional 716,780 shares during the quarter. Primecap Management Co. CA’s holdings in Booz Allen Hamilton were worth $198,285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its stake in Booz Allen Hamilton by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock worth $1,371,245,000 after acquiring an additional 582,069 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Booz Allen Hamilton by 58.2% during 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 purchasing an additional 943,660 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Booz Allen Hamilton by 1.6% in the second quarter. Geode Capital Management LLC now owns 2,417,306 shares of the business services provider’s stock valued at $251,000,000 after purchasing an additional 37,519 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Booz Allen Hamilton by 49.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock valued at $240,698,000 after purchasing an additional 779,156 shares during the period. Finally, Bank of America Corp DE increased its stake in Booz Allen Hamilton by 14.7% in 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 purchasing an additional 293,603 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on BAH. Citigroup lifted their price target on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Truist Financial set a $98.00 price objective on Booz Allen Hamilton in a report on Friday, January 23rd. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Jefferies Financial Group cut their price objective on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a research report on Thursday, December 18th. Finally, UBS Group reiterated a “neutral” rating and issued a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Reduce” and an average target price of $101.25.

Booz Allen Hamilton Stock Down 0.6%

Shares of Booz Allen Hamilton stock opened at $75.21 on Thursday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton Holding Corporation has a 1-year low of $73.93 and a 1-year high of $130.91. The business has a 50-day moving average of $87.26 and a 200-day moving average of $92.98. The company has a market capitalization of $9.07 billion, a PE ratio of 11.18, a P/E/G ratio of 4.44 and a beta of 0.33.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter last year, the firm earned $1.55 EPS. Booz Allen Hamilton’s quarterly revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, 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 business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be issued a $0.59 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio is currently 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.