Parallel Advisors LLC Decreases Position in Booz Allen Hamilton Holding Corporation $BAH

Parallel Advisors LLC reduced its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 52.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,572 shares of the business services provider’s stock after selling 10,615 shares during the quarter. Parallel Advisors LLC’s holdings in Booz Allen Hamilton were worth $957,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter worth about $300,000. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Booz Allen Hamilton by 0.9% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 361,751 shares of the business services provider’s stock worth $36,157,000 after acquiring an additional 3,304 shares during the period. First Trust Advisors LP grew its holdings in shares of 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 worth $356,927,000 after acquiring an additional 342,252 shares during the period. Integrated Quantitative Investments LLC lifted its holdings in shares of Booz Allen Hamilton by 24.4% in the third quarter. Integrated Quantitative Investments LLC now owns 10,192 shares of the business services provider’s stock valued at $1,019,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Viawealth LLC boosted its stake in shares of Booz Allen Hamilton by 5.0% during the third quarter. Viawealth LLC now owns 5,683 shares of the business services provider’s stock valued at $568,000 after acquiring an additional 272 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 4.9%

BAH stock opened at $77.46 on Wednesday. The business has a 50 day moving average price of $86.20 and a two-hundred day moving average price of $90.96. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 4.78 and a beta of 0.37. Booz Allen Hamilton Holding Corporation has a twelve month low of $73.93 and a twelve month high of $130.91.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter last year, the company earned $1.55 EPS. The company’s revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is currently 35.07%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BAH. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. UBS Group restated a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Finally, Jefferies Financial Group dropped their price target on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a research report on Thursday, December 18th. Two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $101.25.

Booz Allen Hamilton Company 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.