Kennedy Capital Management LLC lifted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 220.7% in the fourth quarter, HoldingsChannel reports. The fund owned 114,414 shares of the business services provider’s stock after acquiring an additional 78,734 shares during the period. Kennedy Capital Management LLC’s holdings in Booz Allen Hamilton were worth $9,652,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in the stock. Primecap Management Co. CA boosted its stake 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 worth $198,285,000 after purchasing an additional 716,780 shares during the period. Citigroup Inc. boosted its stake in Booz Allen Hamilton by 413.4% in the 3rd quarter. Citigroup Inc. now owns 389,301 shares of the business services provider’s stock worth $38,911,000 after purchasing an additional 313,472 shares during the period. Alberta Investment Management Corp boosted its stake in Booz Allen Hamilton by 198.0% in the 3rd quarter. Alberta Investment Management Corp now owns 45,600 shares of the business services provider’s stock worth $4,558,000 after purchasing an additional 30,300 shares during the period. Vanguard Group Inc. boosted 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 purchasing an additional 582,069 shares during the period. Finally, Victory Capital Management Inc. boosted its stake 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 worth $66,482,000 after purchasing an additional 616,591 shares during the period. 91.82% of the stock is currently owned by institutional investors.
Booz Allen Hamilton Stock Down 0.2%
Shares of BAH opened at $77.22 on Monday. The company has a market cap of $9.25 billion, a PE ratio of 11.21, a P/E/G ratio of 4.42 and a beta of 0.32. The business has a fifty day moving average of $78.77 and a 200 day moving average of $82.79. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $120.04. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55.
Booz Allen Hamilton Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a $0.59 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a yield of 3.1%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 34.25%.
Booz Allen Hamilton News Summary
Here are the key news stories impacting Booz Allen Hamilton this week:
- Positive Sentiment: Zacks Research raised multiple forward EPS estimates for Booz Allen Hamilton, including FY2027 to $6.07, FY2028 to $6.77, and FY2029 to $7.85, suggesting stronger long-term earnings potential.
- Positive Sentiment: Quarterly forecasts were also increased for several periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028, and Q3 2028, reinforcing a more favorable earnings outlook.
- Neutral Sentiment: One estimate was trimmed slightly for Q4 2028 EPS to $1.98 from $1.99, but the change was minimal and does not materially alter the broader upbeat forecast.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on BAH shares. UBS Group restated a “neutral” rating and issued a $83.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Citigroup dropped their price target on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Finally, BNP Paribas Exane started coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price target for the company. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $88.00.
Read Our Latest Stock Report on Booz Allen Hamilton
Booz Allen Hamilton 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.
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Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report).
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