Booz Allen Hamilton Holding Corporation (NYSE:BAH – Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $76.38 and last traded at $76.43, with a volume of 2273120 shares trading hands. The stock had previously closed at $79.32.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on BAH shares. Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective for the company. in a research note on Friday, October 24th. DA Davidson set a $81.00 price objective on Booz Allen Hamilton in a research note on Tuesday, January 27th. Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. Jefferies Financial Group dropped their target price on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a report on Thursday, December 18th. Finally, The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $101.25.
Read Our Latest Analysis on Booz Allen Hamilton
Booz Allen Hamilton Price Performance
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. The company had revenue of $2.62 billion during 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 revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.
Booz Allen Hamilton Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given 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 3.1%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is currently 35.07%.
Hedge Funds Weigh In On Booz Allen Hamilton
A number of institutional investors and hedge funds have recently made changes to their positions in BAH. Vanguard Group Inc. grew 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 during the last quarter. First Trust Advisors LP grew its stake in shares of Booz Allen Hamilton by 36.0% in the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock worth $409,697,000 after acquiring an additional 1,285,475 shares during the last quarter. Primecap Management Co. CA increased its holdings in shares of Booz Allen Hamilton by 135.2% during the fourth quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock valued at $393,649,000 after acquiring an additional 2,682,460 shares in the last quarter. State Street Corp increased its holdings in shares of Booz Allen Hamilton by 53.2% during the fourth quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock valued at $371,428,000 after acquiring an additional 1,528,739 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in 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 purchasing an additional 1,246,451 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.
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.
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