15,035 Shares in Booz Allen Hamilton Holding Corporation $BAH Purchased by L2 Asset Management LLC

L2 Asset Management LLC acquired a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 4th quarter, Holdings Channel reports. The fund acquired 15,035 shares of the business services provider’s stock, valued at approximately $1,268,000.

Several other large investors have also recently added to or reduced their stakes in BAH. Activest Wealth Management raised its holdings in Booz Allen Hamilton by 141.3% in the 4th 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 in the last quarter. Torren Management LLC acquired a new position in Booz Allen Hamilton in the 4th quarter valued at approximately $26,000. Rakuten Securities Inc. raised its holdings in 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 acquiring an additional 199 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in Booz Allen Hamilton in the 4th quarter valued at approximately $27,000. Finally, Fulcrum Asset Management LLP acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on BAH. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. UBS Group reaffirmed a “neutral” rating and issued a $83.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. BNP Paribas Exane started coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price objective on the stock. TD Cowen reiterated a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Finally, Citigroup lowered their price objective on 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. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $88.00.

Booz Allen Hamilton Trading Down 4.0%

BAH stock opened at $74.32 on Tuesday. Booz Allen Hamilton Holding Corporation has a 1-year low of $68.83 and a 1-year high of $120.04. The firm has a market cap of $8.90 billion, a P/E ratio of 10.79, a P/E/G ratio of 4.42 and a beta of 0.32. The business’s 50 day moving average is $78.59 and its 200-day moving average is $82.72. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.46. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period in the prior year, the company posted $1.61 EPS. The company’s revenue was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Wednesday, June 10th will be given a dividend of $0.59 per share. The ex-dividend date is Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a yield of 3.2%. Booz Allen Hamilton’s dividend payout ratio is 34.25%.

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.