Booz Allen Hamilton (NYSE:BAH) EVP Buffum Shannon Fitzgerald Sells 2,105 Shares of Stock

Booz Allen Hamilton Holding Corporation (NYSE:BAH) EVP Buffum Shannon Fitzgerald sold 2,105 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total transaction of $174,504.50. Following the completion of the transaction, the executive vice president directly owned 5,087 shares in the company, valued at $421,712.30. This trade represents a 29.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Booz Allen Hamilton Trading Up 4.9%

Shares of Booz Allen Hamilton stock opened at $88.33 on Friday. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.43 and a quick ratio of 1.59. The stock’s 50 day simple moving average is $75.12 and its 200-day simple moving average is $76.71. The stock has a market cap of $10.48 billion, a P/E ratio of 11.83, a P/E/G ratio of 1.91 and a beta of 0.37. Booz Allen Hamilton Holding Corporation has a 1-year low of $59.50 and a 1-year high of $109.10.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results 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. The firm had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.81 billion. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.49 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Analysts predict that Booz Allen Hamilton Holding Corporation will post 6.61 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $2.36 dividend on an annualized basis and a yield of 2.7%. Booz Allen Hamilton’s payout ratio is 36.65%.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently made changes to their positions in the stock. Security National Bank of SO Dak increased its stake in Booz Allen Hamilton by 0.8% in the 2nd quarter. Security National Bank of SO Dak now owns 19,348 shares of the business services provider’s stock valued at $1,174,000 after buying an additional 158 shares during the period. Versant Capital Management Inc raised its position in Booz Allen Hamilton by 30.8% during the 3rd quarter. Versant Capital Management Inc now owns 768 shares of the business services provider’s stock worth $53,000 after buying an additional 181 shares during the last quarter. Ipsen Advisor Group LLC raised its position in Booz Allen Hamilton by 3.5% during the 3rd quarter. Ipsen Advisor Group LLC now owns 6,169 shares of the business services provider’s stock worth $428,000 after buying an additional 208 shares during the last quarter. Insight Advisors LLC PA raised its position in Booz Allen Hamilton by 3.9% during the 3rd quarter. Insight Advisors LLC PA now owns 5,736 shares of the business services provider’s stock worth $398,000 after buying an additional 213 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in shares of Booz Allen Hamilton by 42.2% in the 3rd quarter. Signaturefd LLC now owns 734 shares of the business services provider’s stock worth $51,000 after acquiring an additional 218 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on BAH shares. The Goldman Sachs Group dropped their price target on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research note on Tuesday, July 14th. National Bank Financial set a $95.00 price target on shares of Booz Allen Hamilton in a research report on Monday. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. Cantor Fitzgerald lowered their price objective on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Finally, Wall Street Zen raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Monday, October 19th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $89.29.

About Booz Allen Hamilton

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.