Empowered Funds LLC Increases Stake in Booz Allen Hamilton Holding Corporation $BAH

Empowered Funds LLC lifted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 11.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 115,370 shares of the business services provider’s stock after purchasing an additional 11,898 shares during the period. Empowered Funds LLC’s holdings in Booz Allen Hamilton were worth $12,013,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the business. Brooklyn Investment Group boosted its position 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 valued at $31,000 after buying an additional 149 shares during the period. WPG Advisers LLC purchased a new stake in Booz Allen Hamilton during the 1st quarter valued at about $35,000. Ransom Advisory Ltd bought a new position in Booz Allen Hamilton during the 1st quarter worth approximately $35,000. Golden State Wealth Management LLC grew its position in Booz Allen Hamilton by 244.9% during the 2nd 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 during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton in the 1st quarter worth approximately $37,000. 91.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Booz Allen Hamilton news, CEO Horacio Rozanski acquired 23,800 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were acquired at an average price of $84.66 per share, for a total transaction of $2,014,908.00. Following the completion of the acquisition, the chief executive officer owned 687,745 shares in the company, valued at $58,224,491.70. This trade represents a 3.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.91% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BAH. Zacks Research cut shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Truist Financial set a $90.00 price target on shares of Booz Allen Hamilton in a report on Friday, October 24th. Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective on the stock. in a research report on Friday, October 24th. TD Cowen reiterated a “hold” rating and set a $105.00 target price (down from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Booz Allen Hamilton in a report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $110.82.

Booz Allen Hamilton Trading Down 0.9%

BAH opened at $80.96 on Wednesday. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a 52 week low of $80.72 and a 52 week high of $151.04. The stock has a market cap of $9.82 billion, a PE ratio of 12.36, a PEG ratio of 1.46 and a beta of 0.39. The business has a 50 day moving average of $95.03 and a 200-day moving average of $104.54.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.49. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Equities research 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 33.59%.

Booz Allen Hamilton 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.