State of New Jersey Common Pension Fund D Has $4.48 Million Position in Booz Allen Hamilton Holding Corporation $BAH

State of New Jersey Common Pension Fund D lessened its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 0.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,042 shares of the business services provider’s stock after selling 225 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Booz Allen Hamilton were worth $4,482,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BAH. Sequoia Financial Advisors LLC increased its stake in shares of Booz Allen Hamilton by 199.0% in the first quarter. Sequoia Financial Advisors LLC now owns 6,362 shares of the business services provider’s stock valued at $665,000 after buying an additional 4,234 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of Booz Allen Hamilton by 48.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 389 shares of the business services provider’s stock valued at $41,000 after buying an additional 127 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Booz Allen Hamilton by 1.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,890 shares of the business services provider’s stock valued at $2,620,000 after buying an additional 458 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Booz Allen Hamilton by 2,108.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 545,017 shares of the business services provider’s stock valued at $58,513,000 after buying an additional 520,339 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Booz Allen Hamilton by 0.9% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 269,569 shares of the business services provider’s stock valued at $28,192,000 after buying an additional 2,387 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Bank of America cut Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price target for the company. in a research note on Friday. Cowen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. Finally, JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $117.42.

Booz Allen Hamilton Stock Down 5.3%

Shares of NYSE:BAH opened at $86.55 on Tuesday. The business’s 50 day simple moving average is $102.30 and its two-hundred day simple moving average is $108.01. The firm has a market cap of $10.67 billion, a P/E ratio of 13.21, a PEG ratio of 1.42 and a beta of 0.42. 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 Holding Corporation has a 52-week low of $86.00 and a 52-week high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.49. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a return on equity of 70.28% and a net margin of 7.06%.The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be issued a $0.55 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.20 annualized dividend and a yield of 2.5%. 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.