Geneos Wealth Management Inc. boosted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 44.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,809 shares of the business services provider’s stock after buying an additional 2,995 shares during the period. Geneos Wealth Management Inc.’s holdings in Booz Allen Hamilton were worth $1,026,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Focus Partners Wealth raised its holdings in Booz Allen Hamilton by 20.1% during the 1st quarter. Focus Partners Wealth now owns 52,240 shares of the business services provider’s stock worth $5,463,000 after buying an additional 8,746 shares during the period. Ransom Advisory Ltd purchased a new position in Booz Allen Hamilton during the 1st quarter valued at about $35,000. Plato Investment Management Ltd grew its stake in Booz Allen Hamilton by 62.6% during the 1st quarter. Plato Investment Management Ltd now owns 9,980 shares of the business services provider’s stock valued at $1,055,000 after acquiring an additional 3,843 shares in the last quarter. Security National Bank of Sioux City Iowa IA grew its stake in Booz Allen Hamilton by 1.0% during the 1st quarter. Security National Bank of Sioux City Iowa IA now owns 20,287 shares of the business services provider’s stock valued at $2,122,000 after acquiring an additional 205 shares in the last quarter. Finally, Optimize Financial Inc purchased a new position in Booz Allen Hamilton during the 1st quarter valued at about $1,763,000. Institutional investors and hedge funds own 91.82% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. Raymond James Financial reaffirmed a “market perform” rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. Stifel Nicolaus lifted their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, July 28th. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the company a “neutral” rating in a research note on Monday, July 28th. Finally, Wall Street Zen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $134.00.
Booz Allen Hamilton Trading Up 0.8%
Shares of NYSE BAH opened at $104.62 on Friday. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 1.63 and a beta of 0.45. The business has a 50 day simple moving average of $108.53 and a 200 day simple moving average of $110.05. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.
Booz Allen Hamilton Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.1%. Booz Allen Hamilton’s dividend payout ratio is presently 27.03%.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.
Further Reading
- Five stocks we like better than Booz Allen Hamilton
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Tesla’s U.S. Market Is At An 8-Year Low… How Bad Could It Get?
- What is a Bond Market Holiday? How to Invest and Trade
- Congress: The Biggest Trades Impacting Markets Today
- Differences Between Momentum Investing and Long Term Investing
- 3 Companies Boosting Buybacks While Others Pull Back
Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.