D Orazio & Associates Inc. lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 5.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 658,454 shares of the business services provider’s stock after selling 39,670 shares during the period. Booz Allen Hamilton makes up approximately 5.0% of D Orazio & Associates Inc.’s portfolio, making the stock its 3rd biggest holding. D Orazio & Associates Inc. owned about 0.56% of Booz Allen Hamilton worth $45,710,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BAH. AlphaCore Capital LLC lifted its stake in Booz Allen Hamilton by 37.2% during the 3rd quarter. AlphaCore Capital LLC now owns 8,598 shares of the business services provider’s stock valued at $597,000 after acquiring an additional 2,331 shares in the last quarter. Leuthold Group LLC purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at about $471,000. Fulcrum Asset Management LLP raised its holdings in shares of Booz Allen Hamilton by 1,032.7% in the third quarter. Fulcrum Asset Management LLP now owns 21,386 shares of the business services provider’s stock valued at $1,491,000 after purchasing an additional 19,498 shares during the last quarter. Brighton Jones LLC lifted its position in shares of Booz Allen Hamilton by 20.4% during the third quarter. Brighton Jones LLC now owns 7,102 shares of the business services provider’s stock valued at $493,000 after purchasing an additional 1,203 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Booz Allen Hamilton by 6.0% during the third quarter. Commonwealth Equity Services LLC now owns 20,462 shares of the business services provider’s stock valued at $1,420,000 after purchasing an additional 1,167 shares in the last quarter. 91.82% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Monday, October 19th. Citigroup lifted their target price on shares of Booz Allen Hamilton from $88.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday. National Bank Financial set a $95.00 target price on Booz Allen Hamilton in a report on Monday, October 26th. Cantor Fitzgerald reduced their target price on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Finally, UBS Group reaffirmed a “neutral” rating and set a $86.00 price target on shares of Booz Allen Hamilton in a research report on Monday, October 26th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $89.71.
Read Our Latest Research Report on BAH
Booz Allen Hamilton Stock Performance
NYSE BAH opened at $87.48 on Wednesday. The firm has a market cap of $10.38 billion, a P/E ratio of 12.18, a price-to-earnings-growth ratio of 1.97 and a beta of 0.28. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 3.53. The company’s 50 day moving average is $76.84 and its 200-day moving average is $76.41. Booz Allen Hamilton Holding Corporation has a 12-month low of $59.50 and a 12-month high of $109.10.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same period in the previous year, the business earned $1.49 EPS. Booz Allen Hamilton’s revenue was down 3.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.61 earnings per share for the current year.
Booz Allen Hamilton Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Thursday, November 12th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, November 12th. Booz Allen Hamilton’s payout ratio is presently 36.65%.
Insider Transactions at Booz Allen Hamilton
In other news, EVP Buffum Fitzgerald sold 2,105 shares of the stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $82.90, for a total value of $174,504.50. Following the sale, the executive vice president directly owned 5,087 shares of the company’s stock, valued at approximately $421,712.30. This represents a 29.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Joshua Petty sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total transaction of $124,380.00. Following the transaction, the executive vice president directly owned 8,538 shares of the company’s stock, valued at approximately $707,970.96. This represents a 14.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.08% of the company’s stock.
Booz Allen Hamilton Profile
Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity. The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.
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