Impax Asset Management Group plc Sells 24,317 Shares of Booz Allen Hamilton Holding Corporation $BAH

Impax Asset Management Group plc trimmed its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 54.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,189 shares of the business services provider’s stock after selling 24,317 shares during the quarter. Impax Asset Management Group plc’s holdings in Booz Allen Hamilton were worth $2,102,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Calamos Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 37.6% in the 2nd quarter. Calamos Advisors LLC now owns 80,500 shares of the business services provider’s stock valued at $8,382,000 after purchasing an additional 22,000 shares in the last quarter. Police & Firemen s Retirement System of New Jersey boosted its stake in Booz Allen Hamilton by 4.4% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 19,316 shares of the business services provider’s stock valued at $2,011,000 after buying an additional 813 shares in the last quarter. Geode Capital Management LLC boosted its stake in Booz Allen Hamilton by 1.6% in the second quarter. Geode Capital Management LLC now owns 2,417,306 shares of the business services provider’s stock valued at $251,000,000 after buying an additional 37,519 shares in the last quarter. Forsta AP Fonden grew its position in Booz Allen Hamilton by 52.6% in the second quarter. Forsta AP Fonden now owns 49,600 shares of the business services provider’s stock valued at $5,165,000 after acquiring an additional 17,100 shares during the last quarter. Finally, National Pension Service raised its stake in Booz Allen Hamilton by 11.4% during the second quarter. National Pension Service now owns 15,981 shares of the business services provider’s stock worth $1,664,000 after acquiring an additional 1,631 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. UBS Group reduced their price target on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. The Goldman Sachs Group decreased their target price on shares of 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. Finally, Bank of America downgraded Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective on the stock. in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $110.82.

Insider Buying and Selling

In other news, CEO Horacio Rozanski bought 23,800 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was acquired at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the transaction, the chief executive officer owned 687,745 shares of the company’s stock, valued at $58,224,491.70. This trade represents a 3.58% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.91% of the stock is owned by insiders.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $84.25 on Friday. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.78 and a current ratio of 1.76. Booz Allen Hamilton Holding Corporation has a 52 week low of $82.23 and a 52 week high of $170.05. The firm has a market cap of $10.22 billion, a PE ratio of 12.86, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39. The firm’s fifty day moving average is $96.26 and its 200-day moving average is $105.53.

Booz Allen Hamilton (NYSE:BAH) last announced its 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 during the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.Booz Allen Hamilton’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period last year, the company earned $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s payout ratio is currently 33.59%.

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.