Fjarde AP Fonden Fourth Swedish National Pension Fund Lowers Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 43.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,264 shares of the business services provider’s stock after selling 24,302 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Booz Allen Hamilton were worth $2,637,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Activest Wealth Management grew its position in shares of Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares during the period. Torren Management LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at $26,000. Rakuten Securities Inc. grew its position in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 199 shares during the period. Aventura Private Wealth LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at $27,000. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at $32,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $78.98 on Wednesday. The business’s fifty day moving average price is $78.87 and its 200 day moving average price is $82.85. The stock has a market capitalization of $9.46 billion, a P/E ratio of 11.46, a PEG ratio of 4.51 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a twelve month low of $68.83 and a twelve month high of $120.04. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The firm’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.26 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is currently 34.25%.

Analyst Ratings Changes

A number of research analysts recently weighed in on BAH shares. JPMorgan Chase & Co. reduced their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. BNP Paribas Exane started coverage on Booz Allen Hamilton in a report on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 target price on the stock. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a report on Monday, May 11th. Finally, Truist Financial reduced their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $88.00.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.