Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 53.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,820 shares of the business services provider’s stock after selling 6,568 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Booz Allen Hamilton were worth $606,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Brooklyn Investment Group increased its stake in Booz Allen Hamilton by 102.8% during the first 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 purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth about $35,000. Ransom Advisory Ltd acquired a new stake in Booz Allen Hamilton during the 1st quarter worth approximately $35,000. Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton in the first quarter valued at approximately $37,000. Finally, Trust Co. of Toledo NA OH acquired a new position in Booz Allen Hamilton during the second quarter valued at approximately $39,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. Zacks Research cut shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. JPMorgan Chase & Co. increased their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an “underweight” rating in a report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. Finally, Stifel Nicolaus increased their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, July 28th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $129.45.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $101.06 on Tuesday. The firm has a 50-day moving average of $103.69 and a two-hundred day moving average of $108.42. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market cap of $12.46 billion, a P/E ratio of 12.42, a PEG ratio of 1.53 and a beta of 0.42. Booz Allen Hamilton Holding Corporation has a 1-year low of $95.00 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly 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. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.96 billion. During the same quarter in the previous year, the firm posted $1.38 earnings per share. The company’s revenue was down .6% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton’s payout ratio is 27.03%.

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.