Eurizon Capital SGR S.p.A. Invests $1.28 Million in Booz Allen Hamilton Holding Corporation $BAH

Eurizon Capital SGR S.p.A. acquired a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 15,091 shares of the business services provider’s stock, valued at approximately $1,276,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Booz Allen Hamilton by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock worth $1,176,522,000 after buying an additional 227,141 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Booz Allen Hamilton by 48.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock worth $377,488,000 after buying an additional 1,246,451 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Booz Allen Hamilton by 10.6% in the 3rd quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock worth $356,927,000 after buying an additional 342,252 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Booz Allen Hamilton by 8.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock worth $216,094,000 after buying an additional 199,590 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Booz Allen Hamilton by 5.1% in the 4th quarter. Geode Capital Management LLC now owns 2,534,914 shares of the business services provider’s stock worth $213,308,000 after buying an additional 123,076 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 4.3%

Shares of Booz Allen Hamilton stock opened at $80.41 on Wednesday. The stock’s fifty day moving average is $78.89 and its 200-day moving average is $82.98. The firm has a market capitalization of $9.63 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 4.78 and a beta of 0.32. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. Booz Allen Hamilton Holding Corporation has a 12-month low of $68.83 and a 12-month high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.Booz Allen Hamilton’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.26 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.9%. Booz Allen Hamilton’s payout ratio is 34.25%.

Analysts Set New Price Targets

BAH has been the topic of a number of research reports. UBS Group reissued a “neutral” rating and issued a $83.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a research note on Monday, May 11th. Stifel Nicolaus set a $110.00 price objective on Booz Allen Hamilton and gave the stock a “buy” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. dropped their price objective on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 26th. Finally, BNP Paribas Exane initiated coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Reduce” and an average target price of $88.00.

About Booz Allen Hamilton

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.