Studio Investment Management LLC Acquires Shares of 8,329 Booz Allen Hamilton Holding Corporation $BAH

Studio Investment Management LLC bought a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 8,329 shares of the business services provider’s stock, valued at approximately $832,000.

A number of other hedge funds have also recently made changes to their positions in BAH. Rakuten Securities Inc. boosted its position in Booz Allen Hamilton by 414.6% in the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after buying an additional 199 shares during the period. West Branch Capital LLC increased its holdings in Booz Allen Hamilton by 58.3% during the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after purchasing an additional 105 shares during the period. Cornerstone Planning Group LLC raised its position in Booz Allen Hamilton by 244.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 205 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Booz Allen Hamilton by 244.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after buying an additional 240 shares during the period. Finally, Eastern Bank bought a new position in shares of Booz Allen Hamilton during the 3rd quarter worth $35,000. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on BAH shares. JPMorgan Chase & Co. lowered their price objective 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. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 13th. UBS Group restated a “neutral” rating and issued a $97.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Truist Financial set a $98.00 target price on shares of Booz Allen Hamilton in a research note on Friday, January 23rd. Finally, The Goldman Sachs Group decreased their price objective 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. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and an average target price of $101.25.

Booz Allen Hamilton Stock Up 2.6%

Shares of BAH stock opened at $78.38 on Thursday. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $76.26 and a fifty-two week high of $130.91. The firm has a market capitalization of $9.45 billion, a PE ratio of 11.65, a P/E/G ratio of 4.48 and a beta of 0.33. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The stock’s 50-day simple moving average is $88.63 and its 200-day simple moving average is $94.19.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the prior year, the company earned $1.55 EPS. Booz Allen Hamilton’s quarterly revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Friday, February 13th. 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 3.0%. Booz Allen Hamilton’s dividend payout ratio is currently 35.07%.

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.