Fifth Third Bancorp Acquires 676 Shares of Booz Allen Hamilton Holding Corporation $BAH

Fifth Third Bancorp raised its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 1.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,105 shares of the business services provider’s stock after acquiring an additional 676 shares during the quarter. Fifth Third Bancorp’s holdings in Booz Allen Hamilton were worth $5,322,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Booz Allen Hamilton by 74.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 105 shares during the period. Brooklyn Investment Group lifted its holdings in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after buying an additional 149 shares in the last quarter. CX Institutional purchased a new stake in Booz Allen Hamilton in the 1st quarter valued at about $33,000. Versant Capital Management Inc grew its stake in Booz Allen Hamilton by 627.3% in the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider’s stock worth $33,000 after acquiring an additional 276 shares in the last quarter. Finally, WPG Advisers LLC purchased a new position in shares of Booz Allen Hamilton during the first quarter worth approximately $35,000. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the company a “neutral” rating in a report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. Stifel Nicolaus raised their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, July 28th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $134.00.

Booz Allen Hamilton Trading Down 1.8%

Shares of NYSE BAH opened at $97.48 on Friday. Booz Allen Hamilton Holding Corporation has a 1-year low of $96.96 and a 1-year high of $190.59. The business has a fifty day moving average price of $107.26 and a 200 day moving average price of $109.48. The stock has a market capitalization of $12.01 billion, a P/E ratio of 11.97, a price-to-earnings-growth ratio of 1.56 and a beta of 0.45. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.03. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.3%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 27.03%.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.