Renaissance Group LLC Has $366,000 Holdings in Booz Allen Hamilton Holding Corporation $BAH

Renaissance Group LLC trimmed its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 98.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,659 shares of the business services provider’s stock after selling 238,927 shares during the period. Renaissance Group LLC’s holdings in Booz Allen Hamilton were worth $366,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Gallacher Capital Management LLC grew its position in shares of Booz Allen Hamilton by 80.5% in the 3rd quarter. Gallacher Capital Management LLC now owns 7,101 shares of the business services provider’s stock valued at $710,000 after purchasing an additional 3,167 shares during the period. Savant Capital LLC lifted its stake in Booz Allen Hamilton by 113.8% in the third quarter. Savant Capital LLC now owns 26,694 shares of the business services provider’s stock valued at $2,668,000 after buying an additional 14,207 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of Booz Allen Hamilton by 43.4% in the third quarter. Penserra Capital Management LLC now owns 275,474 shares of the business services provider’s stock valued at $27,532,000 after buying an additional 83,322 shares during the period. Cornerstone Planning Group LLC increased its position in shares of Booz Allen Hamilton by 244.0% during the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after acquiring an additional 205 shares in the last quarter. Finally, AGF Management Ltd. raised its holdings in shares of Booz Allen Hamilton by 7.9% during the third quarter. AGF Management Ltd. now owns 32,847 shares of the business services provider’s stock worth $3,283,000 after acquiring an additional 2,395 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $89.12 on Friday. The stock has a market capitalization of $10.75 billion, a PE ratio of 13.24, a P/E/G ratio of 5.22 and a beta of 0.33. Booz Allen Hamilton Holding Corporation has a 1-year low of $79.23 and a 1-year high of $130.91. The firm has a fifty day simple moving average of $89.55 and a 200 day simple moving average of $95.82. The company has a current ratio of 1.81, a quick 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 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be paid a $0.59 dividend. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio is currently 32.69%.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of research reports. The Goldman Sachs Group lowered their target price on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a report on Monday, October 27th. Bank of America lowered Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price on the stock. in a research report on Friday, October 24th. Truist Financial set a $98.00 price target on Booz Allen Hamilton in a research report on Friday, January 23rd. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a research note on Monday, October 27th. Finally, Citigroup increased their target price on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus target price of $101.25.

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.