Continuum Advisory LLC Acquires New Stake in Booz Allen Hamilton Holding Corporation $BAH

Continuum Advisory LLC acquired a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 34,032 shares of the business services provider’s stock, valued at approximately $2,871,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Booz Allen Hamilton by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock valued at $1,176,522,000 after acquiring an additional 227,141 shares in the last quarter. AQR Capital Management LLC lifted its position in Booz Allen Hamilton by 48.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after acquiring an additional 1,246,451 shares in the last quarter. First Trust Advisors LP lifted its position in Booz Allen Hamilton by 10.6% in the 3rd quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after acquiring an additional 342,252 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Booz Allen Hamilton by 8.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock valued at $216,094,000 after acquiring an additional 199,590 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Booz Allen Hamilton by 5.1% in the 4th quarter. Geode Capital Management LLC now owns 2,534,914 shares of the business services provider’s stock valued at $213,308,000 after acquiring an additional 123,076 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BAH has been the topic of several research reports. BNP Paribas Exane initiated coverage on shares of Booz Allen Hamilton in a research report on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price objective on the stock. Citigroup lowered their price target on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a research note on Monday, May 11th. Wells Fargo & Company initiated coverage on shares of Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price target on the stock. Finally, William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $88.00.

Booz Allen Hamilton Stock Up 1.8%

Shares of BAH stock opened at $79.93 on Friday. 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 Holding Corporation has a 1 year low of $68.83 and a 1 year high of $120.04. The firm’s fifty day moving average price is $78.90 and its two-hundred day moving average price is $82.89. The firm has a market capitalization of $9.57 billion, a P/E ratio of 11.60, a PEG ratio of 4.46 and a beta of 0.32.

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

Booz Allen Hamilton Dividend Announcement

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

Booz Allen Hamilton 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.