Ritholtz Wealth Management Trims Holdings in Booz Allen Hamilton Holding Corporation $BAH

Ritholtz Wealth Management lessened its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 23.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,931 shares of the business services provider’s stock after selling 875 shares during the period. Ritholtz Wealth Management’s holdings in Booz Allen Hamilton were worth $305,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Asset Management One Co. Ltd. grew its holdings in shares of Booz Allen Hamilton by 10.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider’s stock worth $5,531,000 after acquiring an additional 4,905 shares during the period. First Command Advisory Services Inc. grew its holdings in shares of Booz Allen Hamilton by 368.4% during the 1st quarter. First Command Advisory Services Inc. now owns 3,981 shares of the business services provider’s stock worth $416,000 after acquiring an additional 3,131 shares during the period. Bessemer Group Inc. grew its holdings in shares of Booz Allen Hamilton by 15.3% during the 1st quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider’s stock worth $178,853,000 after acquiring an additional 226,761 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Booz Allen Hamilton by 22.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 46,929 shares of the business services provider’s stock worth $4,908,000 after acquiring an additional 8,448 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Booz Allen Hamilton during the 1st quarter worth approximately $936,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $101.06 on Tuesday. The business’s fifty day simple moving average is $103.69 and its two-hundred day simple moving average is $108.42. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 12 month low of $95.00 and a 12 month high of $190.59. The company has a market cap of $12.46 billion, a price-to-earnings ratio of 12.42, a P/E/G ratio of 1.53 and a beta of 0.42.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same period last year, the business posted $1.38 EPS. The company’s revenue was down .6% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Research 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 Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.2%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 27.03%.

Analysts Set New Price Targets

BAH has been the topic of a number of research analyst reports. Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. Zacks Research downgraded Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Finally, TD Cowen restated a “hold” rating and issued a $105.00 price target (down previously from $125.00) on shares of Booz Allen Hamilton in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $129.45.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.