Henshaw Capital LLC Has $1.66 Million Holdings in Booz Allen Hamilton Holding Corporation $BAH

Henshaw Capital LLC lessened its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 27.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,223 shares of the business services provider’s stock after selling 8,011 shares during the quarter. Henshaw Capital LLC’s holdings in Booz Allen Hamilton were worth $1,656,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Activest Wealth Management lifted its holdings in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares during the period. Torren Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $26,000. Rakuten Securities Inc. lifted its holdings in Booz Allen Hamilton by 414.6% during the 2nd 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 last quarter. PenderFund Capital Management Ltd. acquired a new position in Booz Allen Hamilton in the fourth quarter valued at about $30,000. Finally, Fulcrum Asset Management LLP bought a new stake in Booz Allen Hamilton during the third quarter worth about $32,000. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Weiss Ratings cut shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. UBS Group boosted their price objective on Booz Allen Hamilton from $70.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Truist Financial cut their price target on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a report on Friday, July 10th. Cantor Fitzgerald decreased their price objective on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Finally, BNP Paribas Exane initiated coverage on shares of Booz Allen Hamilton in a report on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price target for the company. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $84.08.

Booz Allen Hamilton Trading Up 2.0%

BAH opened at $69.68 on Friday. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $59.50 and a fifty-two week high of $114.48. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 10.96, a price-to-earnings-growth ratio of 3.62 and a beta of 0.36. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.60 and a quick ratio of 1.78. The firm has a 50 day simple moving average of $69.74 and a 200 day simple moving average of $77.54.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.49 by $0.32. The company had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $2.81 billion. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. On average, sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.3 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.59 per share. The ex-dividend date is Friday, August 14th. This represents a $2.36 dividend on an annualized basis and a yield of 3.4%. Booz Allen Hamilton’s payout ratio is currently 37.11%.

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.