Booz Allen Hamilton Holding Corporation $BAH Stock Position Lowered by US Bancorp DE

US Bancorp DE lessened its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 19.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,313 shares of the business services provider’s stock after selling 16,326 shares during the period. US Bancorp DE’s holdings in Booz Allen Hamilton were worth $7,009,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of BAH. Wellington Management Group LLP raised its stake in shares of Booz Allen Hamilton by 603.1% in the 1st quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock worth $151,266,000 after buying an additional 1,240,689 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Booz Allen Hamilton by 288.4% in the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock worth $168,491,000 after buying an additional 1,204,446 shares in the last quarter. 1832 Asset Management L.P. raised its stake in shares of Booz Allen Hamilton by 78.7% in the 1st quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock worth $153,370,000 after buying an additional 646,053 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of Booz Allen Hamilton in the 1st quarter worth $59,148,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Booz Allen Hamilton by 2,108.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 545,017 shares of the business services provider’s stock worth $58,513,000 after acquiring an additional 520,339 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BAH shares. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. JPMorgan Chase & Co. lifted their target price on Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a report on Monday, July 28th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Stifel Nicolaus lifted their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 28th. Finally, UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $134.00.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $97.14 on Monday. The stock has a market cap of $11.97 billion, a PE ratio of 11.93, a price-to-earnings-growth ratio of 1.53 and a beta of 0.42. The business has a fifty day simple moving average of $105.25 and a 200-day simple moving average of $108.87. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 12 month low of $96.96 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.Booz Allen Hamilton’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 27.03%.

About Booz Allen Hamilton

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.