Modera Wealth Management LLC Buys New Stake in Booz Allen Hamilton Holding Corporation $BAH

Modera Wealth Management LLC bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,029 shares of the business services provider’s stock, valued at approximately $211,000.

A number of other large investors have also made changes to their positions in the business. Brooklyn Investment Group boosted its position 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 purchasing an additional 149 shares in the last quarter. WPG Advisers LLC acquired a new position in Booz Allen Hamilton during the 1st quarter valued at about $35,000. Ransom Advisory Ltd purchased a new stake in Booz Allen Hamilton in the first quarter valued at about $35,000. Golden State Wealth Management LLC boosted its holdings in Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after acquiring an additional 240 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Booz Allen Hamilton during the first quarter worth about $37,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Stifel Nicolaus set a $106.00 target price on shares of Booz Allen Hamilton in a research report on Friday, October 24th. UBS Group lowered their price objective on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Truist Financial set a $90.00 target price on Booz Allen Hamilton in a research report on Friday, October 24th. Zacks Research cut Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $110.82.

Booz Allen Hamilton Trading Up 2.2%

Shares of NYSE:BAH opened at $87.48 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.78 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a 12-month low of $82.23 and a 12-month high of $186.59. The business has a 50 day moving average of $97.97 and a two-hundred day moving average of $106.28. The company has a market capitalization of $10.61 billion, a PE ratio of 13.36, a PEG ratio of 1.46 and a beta of 0.39.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting the consensus estimate of $1.49. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the firm earned $1.81 EPS. The business’s quarterly revenue was down 8.1% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be given a $0.55 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.5%. Booz Allen Hamilton’s dividend payout ratio is 33.59%.

Insider Activity

In other Booz Allen Hamilton news, CEO Horacio Rozanski bought 23,800 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were purchased at an average cost of $84.66 per share, for a total transaction of $2,014,908.00. Following the transaction, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. The trade was a 3.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.91% of the stock is currently owned by insiders.

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.