Booz Allen Hamilton Holding Corporation $BAH Stock: Fulcrum Asset Management LLP Raises Position

Fulcrum Asset Management LLP boosted its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 1,032.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 21,386 shares of the business services provider’s stock after acquiring an additional 19,498 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Booz Allen Hamilton were worth $1,491,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Security National Bank of SO Dak boosted its stake in shares of Booz Allen Hamilton by 0.8% in the second quarter. Security National Bank of SO Dak now owns 19,348 shares of the business services provider’s stock worth $1,174,000 after acquiring an additional 158 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Booz Allen Hamilton by 30.8% in the 3rd quarter. Versant Capital Management Inc now owns 768 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 181 shares in the last quarter. Ipsen Advisor Group LLC boosted its stake in Booz Allen Hamilton by 3.5% during the 3rd quarter. Ipsen Advisor Group LLC now owns 6,169 shares of the business services provider’s stock worth $428,000 after purchasing an additional 208 shares during the last quarter. Insight Advisors LLC PA boosted its stake in Booz Allen Hamilton by 3.9% during the 3rd quarter. Insight Advisors LLC PA now owns 5,736 shares of the business services provider’s stock worth $398,000 after purchasing an additional 213 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in Booz Allen Hamilton by 42.2% during the 3rd quarter. Signaturefd LLC now owns 734 shares of the business services provider’s stock worth $51,000 after purchasing an additional 218 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $86.81 on Thursday. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market capitalization of $10.30 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 1.99 and a beta of 0.28. The company’s 50-day moving average is $77.07 and its two-hundred day moving average is $76.34. Booz Allen Hamilton Holding Corporation has a 1-year low of $59.50 and a 1-year high of $109.10.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last issued its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.28. The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.49 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.61 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 12th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 36.65%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Jefferies Financial Group dropped their price objective on shares of Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating for the company in a research note on Wednesday, October 7th. Truist Financial raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and raised their target price for the stock from $70.00 to $85.00 in a research note on Thursday, October 8th. Citigroup boosted their target price on Booz Allen Hamilton from $88.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, October 21st. Finally, Bank of America restated an “underperform” rating on shares of Booz Allen Hamilton in a research report on Monday, October 26th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus price target of $89.71.

Check Out Our Latest Report on Booz Allen Hamilton

Insider Activity at Booz Allen Hamilton

In related news, EVP Joshua Petty sold 1,500 shares of Booz Allen Hamilton stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $82.92, for a total value of $124,380.00. Following the completion of the transaction, the executive vice president directly owned 8,538 shares in the company, valued at approximately $707,970.96. This trade represents a 14.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Buffum Fitzgerald sold 2,105 shares of the business’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total value of $174,504.50. Following the transaction, the executive vice president directly owned 5,087 shares of the company’s stock, valued at approximately $421,712.30. This represents a 29.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.08% of the company’s stock.

Booz Allen Hamilton Company Profile

(Free Report)

Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity. The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.

Recommended Stories

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report).

Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.