Sequoia Financial Advisors LLC grew its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,483 shares of the business services provider’s stock after purchasing an additional 121 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Booz Allen Hamilton were worth $675,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. Brooklyn Investment Group grew its holdings in shares of Booz Allen Hamilton by 102.8% in the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after acquiring an additional 149 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of Booz Allen Hamilton in the 1st quarter worth $35,000. Ransom Advisory Ltd acquired a new position in shares of Booz Allen Hamilton in the 1st quarter worth $35,000. Banque Cantonale Vaudoise acquired a new position in shares of Booz Allen Hamilton in the 1st quarter worth $37,000. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of Booz Allen Hamilton in the 2nd quarter worth $39,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. 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. 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. Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday. TD Cowen reiterated a “hold” rating and set a $105.00 price target (down previously from $125.00) on shares of Booz Allen Hamilton in a report on Friday. Finally, UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the company a “neutral” rating in a report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $129.45.
Booz Allen Hamilton Stock Performance
Shares of BAH stock opened at $98.09 on Monday. Booz Allen Hamilton Holding Corporation has a 1-year low of $95.00 and a 1-year high of $190.59. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a market capitalization of $12.09 billion, a price-to-earnings ratio of 12.05, a P/E/G ratio of 1.53 and a beta of 0.42. The stock’s fifty day simple moving average is $103.85 and its 200-day simple moving average is $108.48.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.03. The firm 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%.The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm earned $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 predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.
Booz Allen Hamilton Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.2%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.
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