Journey Advisory Group LLC Cuts Stake in Booz Allen Hamilton Holding Corporation $BAH

Journey Advisory Group LLC lessened its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 95.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,447 shares of the business services provider’s stock after selling 55,619 shares during the period. Journey Advisory Group LLC’s holdings in Booz Allen Hamilton were worth $255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooklyn Investment Group grew its stake in Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 149 shares during the last quarter. WPG Advisers LLC purchased a new position in Booz Allen Hamilton in the first quarter valued at about $35,000. Ransom Advisory Ltd purchased a new position in Booz Allen Hamilton in the first quarter valued at about $35,000. Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton in the first quarter valued at about $37,000. Finally, Trust Co. of Toledo NA OH purchased a new position in Booz Allen Hamilton in the second quarter valued at about $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 3.1%

Booz Allen Hamilton stock opened at $101.06 on Tuesday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 52 week low of $95.00 and a 52 week high of $190.59. The company has a market capitalization of $12.46 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 1.53 and a beta of 0.42. The stock has a 50-day moving average price of $103.69 and a 200 day moving average price of $108.42.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. The company’s revenue 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. Sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.2%. Booz Allen Hamilton’s payout ratio is 27.03%.

Analysts Set New Price Targets

BAH has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, July 28th. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. Zacks Research downgraded Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Finally, Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $129.45.

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.