Isthmus Partners LLC Buys 9,970 Shares of Booz Allen Hamilton Holding Corporation $BAH

Isthmus Partners LLC lifted its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 8.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 127,317 shares of the business services provider’s stock after buying an additional 9,970 shares during the quarter. Isthmus Partners LLC owned approximately 0.11% of Booz Allen Hamilton worth $9,935,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BAH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Booz Allen Hamilton by 22.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after purchasing an additional 4,870 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 365.0% in the first quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after purchasing an additional 9,223 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Booz Allen Hamilton by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock worth $464,000 after purchasing an additional 1,559 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Booz Allen Hamilton by 132.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,429 shares of the business services provider’s stock worth $149,000 after buying an additional 815 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its position in shares of Booz Allen Hamilton by 6.2% in the second quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock worth $339,000 after buying an additional 191 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on BAH. Truist Financial cut their price target on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a report on Monday, April 20th. JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, May 26th. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a research report on Monday, May 11th. TD Cowen decreased their price target on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a research note on Tuesday. Finally, Citigroup lowered their price objective on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a research report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $83.58.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $62.71 on Thursday. The stock has a market cap of $7.51 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 3.62 and a beta of 0.36. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a 50 day moving average price of $72.83 and a 200-day moving average price of $79.92. Booz Allen Hamilton Holding Corporation has a one year low of $59.50 and a one year high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, beating 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 return on equity of 76.07% and a net margin of 7.59%.Booz Allen Hamilton’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities analysts expect that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 34.25%.

About Booz Allen Hamilton

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.