River Road Asset Management LLC Decreases Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

River Road Asset Management LLC reduced its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 257,099 shares of the business services provider’s stock after selling 15,800 shares during the quarter. River Road Asset Management LLC’s holdings in Booz Allen Hamilton were worth $21,689,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BAH. Primecap Management Co. CA raised its stake in shares of Booz Allen Hamilton by 135.2% during the 4th quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after purchasing an additional 2,682,460 shares during the period. T. Rowe Price Investment Management Inc. grew its position in Booz Allen Hamilton by 38.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock valued at $550,722,000 after buying an additional 1,811,906 shares during the period. Norges Bank purchased a new stake in Booz Allen Hamilton during the fourth quarter worth about $143,749,000. State Street Corp raised its position in Booz Allen Hamilton by 53.2% in the fourth quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock worth $371,428,000 after acquiring an additional 1,528,739 shares during the period. Finally, First Trust Advisors LP boosted its stake in Booz Allen Hamilton by 36.0% in the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock valued at $409,697,000 after acquiring an additional 1,285,475 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BAH shares. Citigroup decreased their price target on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. TD Cowen reaffirmed a “hold” rating on shares of Booz Allen Hamilton in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Reduce” and a consensus price target of $88.00.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $66.56 on Friday. The firm has a market cap of $7.97 billion, a P/E ratio of 9.66, a price-to-earnings-growth ratio of 4.06 and a beta of 0.32. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The company’s 50 day moving average is $77.80 and its 200-day moving average is $82.45. Booz Allen Hamilton Holding Corporation has a 12-month low of $66.35 and a 12-month high of $120.04.

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, beating analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period in the previous year, the business earned $1.61 EPS. Booz Allen Hamilton’s revenue was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.