Diamond Hill Capital Management Inc. Acquires New Position in Booz Allen Hamilton Holding Corporation $BAH

Diamond Hill Capital Management Inc. bought a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 370,285 shares of the business services provider’s stock, valued at approximately $37,010,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Norges Bank acquired a new stake in Booz Allen Hamilton in the 2nd quarter worth about $168,069,000. Primecap Management Co. CA boosted its position in shares of Booz Allen Hamilton by 2,011.8% in the second quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider’s stock worth $131,939,000 after acquiring an additional 1,207,058 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Booz Allen Hamilton by 187.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock valued at $168,136,000 after purchasing an additional 1,021,809 shares during the period. AQR Capital Management LLC increased its position in Booz Allen Hamilton by 58.2% during the second 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 raised its stake in Booz Allen Hamilton by 227.4% during the second 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 during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. The Goldman Sachs Group lowered their price objective on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a research note on Monday, October 27th. TD Cowen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Zacks Research upgraded shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. Finally, Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $101.25.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $89.12 on Friday. The stock has a market capitalization of $10.75 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 5.22 and a beta of 0.33. Booz Allen Hamilton Holding Corporation has a 12-month low of $79.23 and a 12-month high of $130.91. The business’s fifty day moving average price is $89.55 and its 200 day moving average price is $95.82. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81.

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

Booz Allen Hamilton Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.69%.

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.