Westbourne Investment Advisors Inc. lifted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,865 shares of the business services provider’s stock after buying an additional 6,708 shares during the period. Booz Allen Hamilton makes up 1.5% of Westbourne Investment Advisors Inc.’s holdings, making the stock its 23rd biggest position. Westbourne Investment Advisors Inc. owned 0.05% of Booz Allen Hamilton worth $5,472,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Booz Allen Hamilton by 4.4% during the third quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock worth $1,371,245,000 after purchasing an additional 582,069 shares during the period. AQR Capital Management LLC raised its stake in Booz Allen Hamilton by 48.6% during the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock worth $377,488,000 after purchasing an additional 1,246,451 shares during the period. First Trust Advisors LP raised its stake in Booz Allen Hamilton by 10.6% during the third quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock worth $356,927,000 after purchasing an additional 342,252 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Booz Allen Hamilton by 8.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock worth $216,094,000 after purchasing an additional 199,590 shares during the period. Finally, Bank of America Corp DE raised its stake in Booz Allen Hamilton by 14.7% during the second quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock worth $239,230,000 after purchasing an additional 293,603 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on BAH shares. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Truist Financial set a $98.00 target price on shares of Booz Allen Hamilton in a research note on Friday, January 23rd. Jefferies Financial Group reduced their target price 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, Citigroup reduced their target price on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Reduce” and a consensus target price of $95.25.
Booz Allen Hamilton Trading Up 0.4%
Shares of BAH traded up $0.34 during trading on Tuesday, reaching $82.15. 48,054 shares of the company traded hands, compared to its average volume of 2,335,594. Booz Allen Hamilton Holding Corporation has a twelve month low of $73.93 and a twelve month high of $130.91. The stock has a market cap of $9.91 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 4.48 and a beta of 0.35. The stock has a 50-day simple moving average of $80.07 and a 200-day simple moving average of $86.85. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The business had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period last year, the business earned $1.55 earnings per share. The business’s revenue for the quarter 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. On average, analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.
Booz Allen Hamilton Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were given a dividend of $0.59 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 35.07%.
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.
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