Bessemer Group Inc. Cuts Position in Booz Allen Hamilton Holding Corporation $BAH

Bessemer Group Inc. trimmed its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 0.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,695,808 shares of the business services provider’s stock after selling 9,786 shares during the period. Bessemer Group Inc. owned approximately 1.40% of Booz Allen Hamilton worth $169,495,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new position in Booz Allen Hamilton during the second quarter valued at $168,069,000. Primecap Management Co. CA increased its holdings in shares of Booz Allen Hamilton by 2,011.8% during the second quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider’s stock valued at $131,939,000 after acquiring an additional 1,207,058 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Booz Allen Hamilton by 187.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock worth $168,136,000 after purchasing an additional 1,021,809 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Booz Allen Hamilton by 58.2% in the 2nd quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock worth $264,251,000 after purchasing an additional 943,660 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Booz Allen Hamilton by 227.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 698,930 shares of the business services provider’s stock worth $72,780,000 after purchasing an additional 485,425 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $84.99 on Thursday. The firm has a fifty day simple moving average of $89.40 and a two-hundred day simple moving average of $96.16. The firm has a market cap of $10.25 billion, a PE ratio of 12.63, a P/E/G ratio of 4.87 and a beta of 0.33. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 1-year low of $79.23 and a 1-year high of $134.27.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. Booz Allen Hamilton’s revenue was down 10.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a $0.59 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, February 13th. This represents a $2.36 annualized dividend and a dividend yield of 2.8%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.69%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. UBS Group reaffirmed a “neutral” rating and issued a $97.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. TD Cowen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. Finally, Zacks Research upgraded Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $105.77.

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.