Nomura Asset Management Co. Ltd. Acquires 2,944 Shares of Booz Allen Hamilton Holding Corporation $BAH

Nomura Asset Management Co. Ltd. boosted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 7.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,317 shares of the business services provider’s stock after purchasing an additional 2,944 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Booz Allen Hamilton were worth $4,198,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BAH. Nicholas Company Inc. raised its position in Booz Allen Hamilton by 7.2% in the 2nd quarter. Nicholas Company Inc. now owns 57,892 shares of the business services provider’s stock worth $6,028,000 after buying an additional 3,875 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Booz Allen Hamilton by 48.5% during the 1st quarter. American Century Companies Inc. now owns 139,243 shares of the business services provider’s stock valued at $14,562,000 after acquiring an additional 45,470 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Booz Allen Hamilton by 187.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock worth $168,136,000 after acquiring an additional 1,021,809 shares during the period. Graham Capital Management L.P. raised its holdings in shares of Booz Allen Hamilton by 99.6% during the first quarter. Graham Capital Management L.P. now owns 9,975 shares of the business services provider’s stock valued at $1,043,000 after purchasing an additional 4,977 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. lifted its position in Booz Allen Hamilton by 51.3% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 829,168 shares of the business services provider’s stock valued at $86,714,000 after purchasing an additional 281,131 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Cowen downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. TD Cowen restated a “hold” rating and issued a $105.00 price target (down from $125.00) on shares of Booz Allen Hamilton in a research note on Friday, October 17th. Zacks Research cut Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Stifel Nicolaus set a $106.00 target price on Booz Allen Hamilton in a report on Friday, October 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Booz Allen Hamilton in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $110.82.

Insider Activity at Booz Allen Hamilton

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

Booz Allen Hamilton Stock Up 1.0%

NYSE BAH opened at $80.67 on Friday. Booz Allen Hamilton Holding Corporation has a 52 week low of $79.23 and a 52 week high of $150.53. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. The company has a market capitalization of $9.79 billion, a P/E ratio of 12.32, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39. The stock’s 50-day moving average price is $93.63 and its 200-day moving average price is $103.94.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.49. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the company posted $1.81 EPS. The firm’s revenue was down 8.1% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio is 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.