SG Americas Securities LLC grew its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 333.4% during the fourth quarter, HoldingsChannel reports. The firm owned 226,194 shares of the business services provider’s stock after buying an additional 174,005 shares during the period. SG Americas Securities LLC’s holdings in Booz Allen Hamilton were worth $19,082,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in Booz Allen Hamilton during the 2nd quarter valued at $168,069,000. AQR Capital Management LLC increased its stake in Booz Allen Hamilton by 48.6% during the 3rd quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock worth $377,488,000 after buying an additional 1,246,451 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Booz Allen Hamilton by 49.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock worth $240,698,000 after buying an additional 779,156 shares in the last quarter. Primecap Management Co. CA boosted its position in Booz Allen Hamilton by 56.6% in the 3rd quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock valued at $198,285,000 after buying an additional 716,780 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position in Booz Allen Hamilton by 1,269.7% in the 3rd quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock valued at $66,482,000 after buying an additional 616,591 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
BAH has been the topic of a number of analyst reports. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a research report on Tuesday, January 27th. UBS Group restated a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Truist Financial set a $98.00 price objective on Booz Allen Hamilton in a report on Friday, January 23rd. Citigroup upped their target price on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton currently 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 opened at $78.47 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current 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 firm’s 50-day simple moving average is $82.68 and its 200-day simple moving average is $88.59. The firm has a market cap of $9.46 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 4.71 and a beta of 0.37.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced 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. 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 period in the previous year, the company earned $1.55 earnings per share. 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. Equities analysts forecast 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. Investors of record on Friday, February 13th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. 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.
See Also
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