Manning & Napier Advisors LLC Decreases Holdings in Booz Allen Hamilton Holding Corporation $BAH

Manning & Napier Advisors LLC trimmed its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 26.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,938 shares of the business services provider’s stock after selling 8,079 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Booz Allen Hamilton were worth $2,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Rakuten Securities Inc. increased its position in Booz Allen Hamilton by 414.6% during the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 199 shares during the last quarter. West Branch Capital LLC grew its stake in shares of Booz Allen Hamilton by 58.3% during the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 105 shares during the period. Golden State Wealth Management LLC increased its position in shares of Booz Allen Hamilton by 244.9% during the 2nd quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 240 shares during the last quarter. Eastern Bank bought a new position in shares of Booz Allen Hamilton in the 3rd quarter worth approximately $35,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Booz Allen Hamilton in the second quarter worth approximately $39,000. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of research reports. Jefferies Financial Group reduced their target price on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a report on Thursday, December 18th. Citigroup boosted their price objective on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday. Truist Financial set a $90.00 price objective on Booz Allen Hamilton in a research note on Friday, October 24th. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. Finally, The Goldman Sachs Group reduced their price target on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and an average target price of $109.46.

Insider Activity at Booz Allen Hamilton

In related news, CEO Horacio Rozanski bought 23,800 shares of the stock in a transaction dated Thursday, October 30th. The shares were purchased at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the acquisition, the chief executive officer owned 687,745 shares of the company’s stock, valued at $58,224,491.70. This represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.91% of the company’s stock.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $96.36 on Thursday. The business’s 50-day simple moving average is $86.70 and its two-hundred day simple moving average is $97.73. Booz Allen Hamilton Holding Corporation has a 52 week low of $79.23 and a 52 week high of $146.95. The stock has a market cap of $11.69 billion, a PE ratio of 14.71, a P/E/G ratio of 1.68 and a beta of 0.34. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 3.89.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.49. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.99 billion. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The business’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.81 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th were given a dividend of $0.55 per share. The ex-dividend date was Friday, November 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.3%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 33.59%.

Booz Allen Hamilton 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.