Impact Partnership Wealth LLC Takes $905,000 Position in Booz Allen Hamilton Holding Corporation $BAH

Impact Partnership Wealth LLC acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 10,728 shares of the business services provider’s stock, valued at approximately $905,000.

A number of other large investors have also recently made changes to their positions in the stock. Forsta AP Fonden lifted its position in shares of Booz Allen Hamilton by 1.9% during the 4th quarter. Forsta AP Fonden now owns 81,600 shares of the business services provider’s stock valued at $6,884,000 after buying an additional 1,500 shares in the last quarter. Norges Bank purchased a new position in shares of Booz Allen Hamilton during the 4th quarter valued at about $143,749,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of Booz Allen Hamilton during the 4th quarter valued at about $1,276,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Booz Allen Hamilton during the 4th quarter valued at about $1,924,000. Finally, National Pension Service lifted its position in shares of Booz Allen Hamilton by 57.3% during the 4th quarter. National Pension Service now owns 47,295 shares of the business services provider’s stock valued at $3,990,000 after buying an additional 17,237 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $79.17 on Friday. The company has a market cap of $9.48 billion, a P/E ratio of 11.49, a P/E/G ratio of 4.61 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $120.04. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.81 and a current ratio of 1.78. The firm’s fifty day moving average is $78.83 and its two-hundred day moving average is $83.03.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior year, the firm earned $1.61 EPS. The business’s revenue was down 5.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.26 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 34.25%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on BAH shares. BNP Paribas Exane started coverage on Booz Allen Hamilton in a research report on Wednesday. They set a “neutral” rating and a $80.00 price objective on the stock. TD Cowen reaffirmed a “hold” rating on shares of Booz Allen Hamilton in a research report on Tuesday. Citigroup lowered their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. UBS Group reaffirmed a “neutral” rating and set a $83.00 price objective on shares of Booz Allen Hamilton in a research report on Tuesday. Finally, Truist Financial lowered their price target on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $88.00.

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.