ASR Vermogensbeheer N.V. bought a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 15,099 shares of the business services provider’s stock, valued at approximately $1,572,000.
A number of other institutional investors also recently modified their holdings of BAH. Wellington Management Group LLP lifted its position in shares of Booz Allen Hamilton by 603.1% during the 1st quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock valued at $151,266,000 after acquiring an additional 1,240,689 shares during the period. AQR Capital Management LLC lifted its position in shares of Booz Allen Hamilton by 288.4% during the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock valued at $168,491,000 after acquiring an additional 1,204,446 shares during the period. 1832 Asset Management L.P. raised its holdings in Booz Allen Hamilton by 78.7% during the first quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock worth $153,370,000 after buying an additional 646,053 shares during the last quarter. Pacer Advisors Inc. acquired a new position in Booz Allen Hamilton during the first quarter worth $59,148,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in Booz Allen Hamilton by 2,108.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 545,017 shares of the business services provider’s stock worth $58,513,000 after buying an additional 520,339 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.
Analyst Ratings Changes
BAH has been the topic of several research reports. William Blair upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Saturday, September 27th. Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 28th. JPMorgan Chase & Co. upped their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a report on Monday, July 28th. Finally, UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus price target of $134.00.
Booz Allen Hamilton Stock Up 0.8%
Booz Allen Hamilton stock opened at $103.89 on Friday. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $96.96 and a fifty-two week high of $190.59. The stock has a market cap of $12.80 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 1.64 and a beta of 0.42. The firm’s 50-day simple moving average is $105.91 and its 200 day simple moving average is $108.98. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.96 billion. During the same period in the previous year, the company earned $1.38 earnings per share. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.
Booz Allen Hamilton Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were given a dividend of $0.55 per share. The ex-dividend date was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.1%. Booz Allen Hamilton’s dividend payout ratio is presently 27.03%.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.
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