Booz Allen Hamilton Holding Corporation $BAH Shares Purchased by Erste Asset Management GmbH

Erste Asset Management GmbH lifted its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 550.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,126 shares of the business services provider’s stock after acquiring an additional 12,800 shares during the period. Erste Asset Management GmbH’s holdings in Booz Allen Hamilton were worth $1,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of BAH. Norges Bank purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $143,749,000. AQR Capital Management LLC raised its position in Booz Allen Hamilton by 48.6% in the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after purchasing an additional 1,246,451 shares during the period. Primecap Management Co. CA raised its position in Booz Allen Hamilton by 56.6% in the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock valued at $198,285,000 after purchasing an additional 716,780 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Booz Allen Hamilton by 135.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,227,893 shares of the business services provider’s stock valued at $103,585,000 after buying an additional 705,930 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in shares of Booz Allen Hamilton by 1,269.7% in the 3rd quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock valued at $66,482,000 after buying an additional 616,591 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BAH. UBS Group reiterated a “neutral” rating and issued a $83.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. JPMorgan Chase & Co. cut their price target on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Finally, Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $88.00.

Booz Allen Hamilton Trading Down 2.0%

NYSE BAH opened at $77.32 on Thursday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The firm has a 50-day moving average price of $78.84 and a 200 day moving average price of $82.84. The stock has a market capitalization of $9.26 billion, a P/E ratio of 11.22, a P/E/G ratio of 4.49 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.32 by $0.46. The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period last year, the firm earned $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.26 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.