Gateway Investment Advisers LLC Sells 9,143 Shares of Booz Allen Hamilton Holding Corporation $BAH

Gateway Investment Advisers LLC lessened its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 57.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,883 shares of the business services provider’s stock after selling 9,143 shares during the period. Gateway Investment Advisers LLC’s holdings in Booz Allen Hamilton were worth $688,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Rakuten Securities Inc. grew its stake in shares of 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 purchasing an additional 199 shares during the period. West Branch Capital LLC grew its position in Booz Allen Hamilton by 58.3% in the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 105 shares during the period. Ransom Advisory Ltd bought a new stake in Booz Allen Hamilton in the first quarter valued at $35,000. Golden State Wealth Management LLC raised its stake in Booz Allen Hamilton by 244.9% during the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after acquiring an additional 240 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Booz Allen Hamilton during the second quarter valued at $39,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Booz Allen Hamilton news, CEO Horacio Rozanski bought 23,800 shares of the stock in a transaction on Thursday, October 30th. The stock was purchased at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the acquisition, the chief executive officer owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. The trade was a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on BAH. The Goldman Sachs Group lowered their target price on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a report on Monday, October 27th. Truist Financial set a $90.00 price target on shares of Booz Allen Hamilton in a research report on Friday, October 24th. Jefferies Financial Group decreased 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. Citigroup began coverage on Booz Allen Hamilton in a report on Thursday, December 11th. They issued a “neutral” rating and a $93.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Booz Allen Hamilton in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $108.23.

Booz Allen Hamilton Price Performance

BAH opened at $89.30 on Tuesday. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a market capitalization of $10.83 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 1.50 and a beta of 0.34. The company’s 50 day simple moving average is $85.44 and its 200-day simple moving average is $98.06. Booz Allen Hamilton Holding Corporation has a one year low of $79.23 and a one year high of $146.95.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.49. The firm had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. Sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 33.59%.

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.