Bridges Investment Management Inc. Sells 1,801 Shares of Booz Allen Hamilton Holding Corporation $BAH

Bridges Investment Management Inc. cut its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 1.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,456 shares of the business services provider’s stock after selling 1,801 shares during the quarter. Bridges Investment Management Inc. owned approximately 0.10% of Booz Allen Hamilton worth $12,647,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Personal CFO Solutions LLC raised its holdings in Booz Allen Hamilton by 3.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider’s stock valued at $286,000 after acquiring an additional 92 shares during the period. Roundview Capital LLC grew its position in shares of Booz Allen Hamilton by 0.3% during the 2nd quarter. Roundview Capital LLC now owns 37,258 shares of the business services provider’s stock worth $3,880,000 after purchasing an additional 99 shares in the last quarter. Raiffeisen Bank International AG grew its position in shares of Booz Allen Hamilton by 4.9% during the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider’s stock worth $225,000 after purchasing an additional 100 shares in the last quarter. Intrust Bank NA grew its position in shares of Booz Allen Hamilton by 2.6% during the 1st quarter. Intrust Bank NA now owns 4,544 shares of the business services provider’s stock worth $475,000 after purchasing an additional 113 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of Booz Allen Hamilton by 1.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,483 shares of the business services provider’s stock worth $675,000 after purchasing an additional 121 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of analyst reports. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a research report on Monday, July 28th. Stifel Nicolaus increased their target price on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, July 28th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. William Blair upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. Finally, JPMorgan Chase & Co. increased their target price on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a research report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $134.00.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $96.38 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The firm has a market capitalization of $11.88 billion, a price-to-earnings ratio of 11.84, a P/E/G ratio of 1.54 and a beta of 0.42. The firm’s 50 day simple moving average is $104.37 and its 200 day simple moving average is $108.64. Booz Allen Hamilton Holding Corporation has a 1 year low of $95.05 and a 1 year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.03. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the business posted $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, research analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were paid a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.3%. Booz Allen Hamilton’s dividend payout ratio is presently 27.03%.

Booz Allen Hamilton 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.