Booz Allen Hamilton (NYSE:BAH) EVP Sells $174,504.50 in Stock

Booz Allen Hamilton Holding Corporation (NYSE:BAH) EVP Buffum Shannon Fitzgerald sold 2,105 shares of Booz Allen Hamilton stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total transaction of $174,504.50. Following the completion of the transaction, the executive vice president owned 5,087 shares in the company, valued at approximately $421,712.30. The trade was a 29.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Booz Allen Hamilton Trading Up 4.9%

Booz Allen Hamilton stock traded up $4.10 during mid-day trading on Friday, hitting $88.33. The company’s stock had a trading volume of 3,727,268 shares, compared to its average volume of 2,078,801. The business has a 50 day moving average price of $74.88 and a 200-day moving average price of $76.75. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.43 and a quick ratio of 1.59. Booz Allen Hamilton Holding Corporation has a 12 month low of $59.50 and a 12 month high of $109.10. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 1.90 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the previous year, the business earned $1.49 earnings per share. The company’s quarterly revenue was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. As a group, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.58 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio is 36.65%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Cantor Fitzgerald decreased their target price on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Bank of America reissued an “underperform” rating on shares of Booz Allen Hamilton in a research report on Monday. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. BNP Paribas Exane boosted their price objective on shares of Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday. Finally, The Goldman Sachs Group lowered their price objective on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research note on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $89.29.

Institutional Investors Weigh In On Booz Allen Hamilton

Several hedge funds have recently made changes to their positions in BAH. Provenance Wealth Advisors LLC grew its stake in Booz Allen Hamilton by 2,586.7% in the third quarter. Provenance Wealth Advisors LLC now owns 403 shares of the business services provider’s stock worth $28,000 after purchasing an additional 388 shares during the period. Axiom Investment Management LLC purchased a new position in Booz Allen Hamilton during the first quarter valued at $44,000. Versant Capital Management Inc lifted its position in Booz Allen Hamilton by 1,122.9% during the second quarter. Versant Capital Management Inc now owns 587 shares of the business services provider’s stock valued at $36,000 after buying an additional 539 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of Booz Allen Hamilton by 967.9% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 598 shares of the business services provider’s stock valued at $42,000 after buying an additional 542 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of Booz Allen Hamilton during the 3rd quarter valued at $49,000. 91.82% of the stock is currently owned by institutional investors.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.