Plato Investment Management Ltd Sells 8,857 Shares of Booz Allen Hamilton Holding Corporation $BAH

Plato Investment Management Ltd reduced its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 88.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,123 shares of the business services provider’s stock after selling 8,857 shares during the quarter. Plato Investment Management Ltd’s holdings in Booz Allen Hamilton were worth $117,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in BAH. Vanguard Group Inc. boosted its stake in Booz Allen Hamilton by 1.9% in the first quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider’s stock valued at $1,367,043,000 after acquiring an additional 237,720 shares during the last quarter. AQR Capital Management LLC boosted its stake in 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 worth $168,491,000 after acquiring an additional 1,204,446 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Booz Allen Hamilton by 187.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock worth $168,136,000 after purchasing an additional 1,021,809 shares in the last quarter. 1832 Asset Management L.P. lifted 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 acquiring an additional 646,053 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Booz Allen Hamilton by 603.1% during the first quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock worth $151,266,000 after acquiring an additional 1,240,689 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Insider Activity

In other news, CEO Horacio Rozanski bought 23,800 shares of the stock in a transaction on Thursday, October 30th. The shares were purchased at an average cost of $84.66 per share, for a total transaction of $2,014,908.00. Following the completion of the purchase, the chief executive officer directly owned 687,745 shares in the company, valued at $58,224,491.70. This represents a 3.58% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.91% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on BAH shares. The Goldman Sachs Group cut their price objective on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a report on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Stifel Nicolaus set a $106.00 target price on Booz Allen Hamilton in a research note on Friday, October 24th. Cowen lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Finally, UBS Group reduced their price objective on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $110.82.

Booz Allen Hamilton Trading Down 1.8%

NYSE BAH opened at $85.55 on Tuesday. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.76 and a quick ratio of 1.78. The stock has a market capitalization of $10.38 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 1.46 and a beta of 0.42. Booz Allen Hamilton Holding Corporation has a one year low of $82.23 and a one year high of $190.59. The business’s fifty day moving average is $99.83 and its 200-day moving average is $107.08.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.49. The firm had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Equities research analysts predict 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 will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be paid a $0.55 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. Booz Allen Hamilton’s payout ratio is presently 33.59%.

Booz Allen Hamilton 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.