9,900 Booz Allen Hamilton Holding Corporation $BAH Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 76.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,800 shares of the business services provider’s stock after purchasing an additional 9,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Booz Allen Hamilton were worth $1,583,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BAH. Pinnacle Wealth Planning Services Inc. raised its stake in 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 worth $42,000 after acquiring an additional 542 shares in the last quarter. Signaturefd LLC lifted its position in Booz Allen Hamilton by 42.2% in the third quarter. Signaturefd LLC now owns 734 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 218 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in Booz Allen Hamilton in the third quarter valued at $647,000. Fifth Third Wealth Advisors LLC lifted its position in Booz Allen Hamilton by 8.9% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,197 shares of the business services provider’s stock valued at $291,000 after acquiring an additional 343 shares during the last quarter. Finally, OLIO Financial Planning boosted its stake in Booz Allen Hamilton by 8.6% in the third quarter. OLIO Financial Planning now owns 8,860 shares of the business services provider’s stock valued at $615,000 after acquiring an additional 700 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Weiss Ratings raised Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. TD Cowen raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and boosted their target price for the company from $77.00 to $95.00 in a report on Monday, October 26th. Bank of America reissued an “underperform” rating on shares of Booz Allen Hamilton in a report on Monday, October 26th. Cantor Fitzgerald decreased their target price on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Finally, BNP Paribas Exane raised their price target on Booz Allen Hamilton from $70.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, October 26th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus target price of $89.29.

Booz Allen Hamilton Stock Up 1.5%

BAH stock opened at $88.33 on Thursday. The company has a market cap of $10.48 billion, a price-to-earnings ratio of 12.22, a price-to-earnings-growth ratio of 1.98 and a beta of 0.28. The company has a fifty day moving average price of $75.86 and a 200 day moving average price of $76.58. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.43 and a quick ratio of 1.43. Booz Allen Hamilton Holding Corporation has a 12 month low of $59.50 and a 12 month high of $109.10.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.28. The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. Booz Allen Hamilton’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm posted $1.49 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Sell-side analysts expect that Booz Allen Hamilton Holding Corporation will post 6.61 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Thursday, November 12th. This represents a $2.36 annualized dividend and a dividend yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio is 36.65%.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Buffum Fitzgerald sold 2,105 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 5,087 shares of the company’s stock, valued at $421,712.30. This represents a 29.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joshua Petty sold 1,500 shares of the stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $82.92, for a total value of $124,380.00. Following the sale, the executive vice president directly owned 8,538 shares of the company’s stock, valued at $707,970.96. The trade was a 14.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.08% of the company’s stock.

Booz Allen Hamilton Profile

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.