Foster & Motley Inc. Trims Stake in Booz Allen Hamilton Holding Corporation $BAH

Foster & Motley Inc. reduced its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 12.1% in the 2nd quarter, Holdings Channel reports. The firm owned 5,524 shares of the business services provider’s stock after selling 762 shares during the period. Foster & Motley Inc.’s holdings in Booz Allen Hamilton were worth $575,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Asset Management One Co. Ltd. raised its stake in Booz Allen Hamilton by 10.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider’s stock valued at $5,531,000 after acquiring an additional 4,905 shares during the last quarter. Yousif Capital Management LLC raised its stake in Booz Allen Hamilton by 5.5% during the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 124 shares during the last quarter. First Command Advisory Services Inc. raised its stake in Booz Allen Hamilton by 368.4% during the 1st quarter. First Command Advisory Services Inc. now owns 3,981 shares of the business services provider’s stock valued at $416,000 after acquiring an additional 3,131 shares during the last quarter. Bessemer Group Inc. raised its stake in Booz Allen Hamilton by 15.3% during the 1st quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider’s stock valued at $178,853,000 after acquiring an additional 226,761 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Booz Allen Hamilton by 22.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 46,929 shares of the business services provider’s stock valued at $4,908,000 after acquiring an additional 8,448 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on BAH shares. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. TD Cowen reissued a “hold” rating and set a $105.00 target price (down from $125.00) on shares of Booz Allen Hamilton in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a research note on Monday, July 28th. Finally, UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a “neutral” rating in a research note on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $129.45.

Booz Allen Hamilton Stock Performance

BAH opened at $98.09 on Monday. The stock has a market cap of $12.09 billion, a P/E ratio of 12.05, a P/E/G ratio of 1.53 and a beta of 0.42. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. The stock’s 50 day simple moving average is $103.85 and its 200 day simple moving average is $108.48. Booz Allen Hamilton Holding Corporation has a 1-year low of $95.00 and a 1-year high of $190.59.

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

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were issued a $0.55 dividend. The ex-dividend date was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.2%. Booz Allen Hamilton’s dividend payout ratio is currently 27.03%.

Booz Allen Hamilton Company 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.