Booz Allen Hamilton (NYSE:BAH) EVP Sells 1,500 Shares of Stock

Booz Allen Hamilton Holding Corporation (NYSE:BAH) EVP Joshua Petty sold 1,500 shares of Booz Allen Hamilton stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total value of $124,380.00. Following the transaction, the executive vice president owned 8,538 shares of the company’s stock, valued at $707,970.96. The trade was a 14.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Booz Allen Hamilton Stock Performance

BAH stock traded up $4.10 on Friday, hitting $88.33. The company had a trading volume of 3,727,268 shares, compared to its average volume of 2,078,801. The company has a current ratio of 1.43, a quick ratio of 1.59 and a debt-to-equity ratio of 3.53. Booz Allen Hamilton Holding Corporation has a 12-month low of $59.50 and a 12-month high of $109.10. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 13.72, a P/E/G ratio of 1.90 and a beta of 0.37. The stock’s 50-day simple moving average is $74.88 and its 200 day simple moving average is $76.75.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same period in the previous year, the business earned $1.49 earnings per share. The business’s revenue was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. As a group, equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.58 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Thursday, November 12th will be issued a $0.59 dividend. The ex-dividend date is Thursday, November 12th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 36.65%.

Institutional Investors Weigh In On Booz Allen Hamilton

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Provenance Wealth Advisors LLC lifted its holdings in Booz Allen Hamilton by 2,586.7% in the third quarter. Provenance Wealth Advisors LLC now owns 403 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 388 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in Booz Allen Hamilton during the first quarter worth $44,000. Versant Capital Management Inc raised its position in Booz Allen Hamilton by 1,122.9% in the second quarter. Versant Capital Management Inc now owns 587 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 539 shares during the period. Pinnacle Wealth Planning Services Inc. raised its position in Booz Allen Hamilton by 967.9% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 598 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 542 shares during the period. Finally, Root Financial Partners LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $49,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on BAH shares. BNP Paribas Exane increased their price objective on shares of Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday. TD Cowen upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and upped their price target for the company from $77.00 to $95.00 in a research note on Monday. Truist Financial upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and upped their price target for the company from $70.00 to $85.00 in a research note on Thursday, October 8th. Jefferies Financial Group decreased their price target on shares of Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating for the company in a report on Wednesday, October 7th. Finally, Citigroup upped their target price on Booz Allen Hamilton from $77.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $89.29.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.