Retirement Systems of Alabama Acquires Shares of 211,482 Booz Allen Hamilton Holding Corporation $BAH

Retirement Systems of Alabama acquired a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 211,482 shares of the business services provider’s stock, valued at approximately $17,841,000. Retirement Systems of Alabama owned approximately 0.17% of Booz Allen Hamilton at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of BAH. Vanguard Group Inc. raised its stake in shares of 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 valued at $1,371,245,000 after purchasing an additional 582,069 shares in the last quarter. AQR Capital Management LLC grew its stake in Booz Allen Hamilton by 48.6% in the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock worth $377,488,000 after purchasing an additional 1,246,451 shares in the last quarter. First Trust Advisors LP increased its holdings in Booz Allen Hamilton by 10.6% in the third quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after buying an additional 342,252 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in 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 buying an additional 779,156 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in Booz Allen Hamilton by 14.7% during 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 buying an additional 293,603 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on BAH shares. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Truist Financial set a $98.00 price target on Booz Allen Hamilton in a research report on Friday, January 23rd. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. UBS Group reaffirmed a “neutral” rating and issued a $97.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Finally, Weiss Ratings lowered shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 23rd. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $97.08.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $80.45 on Thursday. The company has a market cap of $9.70 billion, a P/E ratio of 11.95, a PEG ratio of 4.58 and a beta of 0.37. The business has a 50 day moving average of $81.70 and a two-hundred day moving average of $87.97. Booz Allen Hamilton Holding Corporation has a 52 week low of $73.93 and a 52 week high of $130.91. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The business’s quarterly revenue was down 10.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, 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 given 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 2.9%. The ex-dividend date of this dividend was Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio is 35.07%.

Booz Allen Hamilton Company 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.