Booz Allen Hamilton Holding Corporation (NYSE:BAH – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $78.93 and last traded at $78.5260, with a volume of 676060 shares traded. The stock had previously closed at $79.79.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on BAH. UBS Group reaffirmed a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Bank of America downgraded Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective on the stock. in a report on Friday, October 24th. TD Cowen cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Finally, DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $101.25.
Check Out Our Latest Stock Analysis on BAH
Booz Allen Hamilton Trading Down 2.3%
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the business earned $1.55 EPS. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 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 Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. Booz Allen Hamilton’s payout ratio is currently 35.07%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Booz Allen Hamilton by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock worth $1,176,522,000 after acquiring an additional 227,141 shares during the last quarter. Primecap Management Co. CA raised its stake in shares of Booz Allen Hamilton by 135.2% in the fourth quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after purchasing an additional 2,682,460 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Booz Allen Hamilton by 48.6% in the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock worth $377,488,000 after purchasing an additional 1,246,451 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Booz Allen Hamilton by 10.6% in the third quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after purchasing an additional 342,252 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Booz Allen Hamilton by 8.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock valued at $216,094,000 after buying an additional 199,590 shares during the last quarter. 91.82% of the stock is owned by institutional investors.
About Booz Allen Hamilton
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.
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