Natixis Advisors LLC Increases Holdings in Booz Allen Hamilton Holding Corporation $BAH

Natixis Advisors LLC lifted its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 98.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 128,913 shares of the business services provider’s stock after purchasing an additional 63,940 shares during the period. Natixis Advisors LLC’s holdings in Booz Allen Hamilton were worth $10,875,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Primecap Management Co. CA lifted its holdings in Booz Allen Hamilton by 56.6% during the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock worth $198,285,000 after buying an additional 716,780 shares during the period. Citigroup Inc. lifted its holdings in Booz Allen Hamilton by 413.4% during the third quarter. Citigroup Inc. now owns 389,301 shares of the business services provider’s stock worth $38,911,000 after buying an additional 313,472 shares during the period. Midwest Trust Co lifted its holdings in Booz Allen Hamilton by 13.4% during the third quarter. Midwest Trust Co now owns 119,587 shares of the business services provider’s stock worth $11,953,000 after buying an additional 14,134 shares during the period. Versor Investments LP purchased a new stake in Booz Allen Hamilton during the third quarter worth $1,144,000. Finally, Alberta Investment Management Corp lifted its holdings in Booz Allen Hamilton by 198.0% during the third quarter. Alberta Investment Management Corp now owns 45,600 shares of the business services provider’s stock worth $4,558,000 after buying an additional 30,300 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $79.48 on Friday. Booz Allen Hamilton Holding Corporation has a 12 month low of $68.83 and a 12 month high of $120.04. The stock has a fifty day moving average price of $78.89 and a 200-day moving average price of $82.87. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55. The firm has a market cap of $9.52 billion, a PE ratio of 11.54, a P/E/G ratio of 4.52 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last issued 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 return on equity of 76.07% and a net margin of 7.59%.The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the business posted $1.61 EPS. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.26 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is currently 34.25%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BAH shares. BNP Paribas Exane started coverage on Booz Allen Hamilton in a report on Wednesday, May 27th. They set a “neutral” rating and a $80.00 target price for the company. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, May 26th. Truist Financial lowered their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a report on Monday, April 20th. Finally, William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $88.00.

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.