Retirement Systems of Alabama Acquires New Holdings in Booz Allen Hamilton Holding Corporation $BAH

Retirement Systems of Alabama bought a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the fourth quarter, Holdings Channel.com reports. The firm bought 211,482 shares of the business services provider’s stock, valued at approximately $17,841,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rakuten Securities Inc. increased its stake in shares of Booz Allen Hamilton by 414.6% in the second 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 period. Aventura Private Wealth LLC acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth approximately $27,000. West Branch Capital LLC boosted its position in shares of Booz Allen Hamilton by 58.3% during the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after buying an additional 105 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of Booz Allen Hamilton by 244.0% during the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after buying an additional 205 shares during the period. Finally, Fulcrum Asset Management LLP acquired a new stake in Booz Allen Hamilton in the 3rd quarter valued at approximately $32,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $80.45 on Thursday. The stock has a market cap of $9.70 billion, a price-to-earnings ratio of 11.95, a PEG ratio of 4.58 and a beta of 0.37. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton Holding Corporation has a 12 month low of $73.93 and a 12 month high of $130.91. The stock’s 50 day moving average price is $81.70 and its 200 day moving average price is $87.97.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the company posted $1.55 EPS. The firm’s quarterly 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. Equities research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, February 13th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 dividend on an annualized basis and a yield of 2.9%. Booz Allen Hamilton’s dividend payout ratio is presently 35.07%.

Wall Street Analyst Weigh In

Several analysts have weighed in on BAH shares. UBS Group reaffirmed a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Wells Fargo & Company initiated coverage on Booz Allen Hamilton in a research note on Wednesday. They issued an “equal weight” rating and a $85.00 price target for the company. Truist Financial set a $98.00 price target on Booz Allen Hamilton in a report on Friday, January 23rd. Jefferies Financial Group cut their price objective on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a research note on Thursday, December 18th. Finally, Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Reduce” and a consensus target price of $97.08.

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.