Booz Allen Hamilton Holding Corporation $BAH Position Cut by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 90.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 14,320 shares of the business services provider’s stock after selling 131,928 shares during the quarter. Pacer Advisors Inc.’s holdings in Booz Allen Hamilton were worth $1,117,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of BAH. Johnson Financial Group Inc. lifted its position in Booz Allen Hamilton by 26.1% in the 3rd quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 124 shares during the last quarter. Campbell & CO Investment Adviser LLC boosted its stake in Booz Allen Hamilton by 2.8% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock valued at $415,000 after purchasing an additional 133 shares during the period. Activest Wealth Management grew its position in Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after purchasing an additional 178 shares during the last quarter. Arkadios Wealth Advisors grew its position in Booz Allen Hamilton by 7.3% in the 4th quarter. Arkadios Wealth Advisors now owns 2,646 shares of the business services provider’s stock worth $223,000 after purchasing an additional 179 shares during the last quarter. Finally, Cresset Asset Management LLC increased its stake in shares of Booz Allen Hamilton by 6.2% in the second quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 191 shares during the period. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. Truist Financial decreased their price objective on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a report on Friday, July 10th. Citigroup lowered their target price on Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st. Stifel Nicolaus set a $110.00 target price on Booz Allen Hamilton and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $84.08.

Booz Allen Hamilton Stock Down 0.2%

BAH stock opened at $75.92 on Monday. The firm’s 50-day moving average is $69.08 and its two-hundred day moving average is $76.57. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 3.95 and a beta of 0.34. Booz Allen Hamilton Holding Corporation has a 52 week low of $59.50 and a 52 week high of $112.22. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.32. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the previous year, the business earned $1.48 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.3 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.11%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.