Booz Allen Hamilton Holding Corporation $BAH Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC raised its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 56.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 59,733 shares of the business services provider’s stock after buying an additional 21,457 shares during the period. Janus Henderson Group PLC’s holdings in Booz Allen Hamilton were worth $4,661,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Activest Wealth Management lifted its stake in Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after purchasing an additional 178 shares in the last quarter. Torren Management LLC acquired a new position in Booz Allen Hamilton during the 4th quarter worth approximately $26,000. Rakuten Securities Inc. increased its position in shares of Booz Allen Hamilton by 414.6% in 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 stake in shares of Booz Allen Hamilton in the 4th quarter valued at $30,000. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth $32,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on BAH shares. JPMorgan Chase & Co. dropped 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. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a research report on Monday, May 11th. Bank of America dropped their price objective on Booz Allen Hamilton from $90.00 to $75.00 and set an “underperform” rating on the stock in a report on Monday, July 20th. BNP Paribas Exane assumed coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They set a “neutral” rating and a $80.00 target price for the company. Finally, Truist Financial lowered 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. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Reduce” and a consensus target price of $84.08.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $73.94 on Friday. Booz Allen Hamilton Holding Corporation has a 1-year low of $59.50 and a 1-year high of $114.48. The stock has a market cap of $8.89 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 3.73 and a beta of 0.34. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.60 and a quick ratio of 1.59. The firm has a fifty day moving average price of $69.14 and a 200 day moving average price of $76.73.

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

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) 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.