Kingsview Wealth Management LLC Boosts Position in Booz Allen Hamilton Holding Corporation $BAH

Kingsview Wealth Management LLC grew its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 25.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 122,339 shares of the business services provider’s stock after acquiring an additional 24,560 shares during the period. Kingsview Wealth Management LLC’s holdings in Booz Allen Hamilton were worth $12,228,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Booz Allen Hamilton by 4.4% during the third quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock valued at $1,371,245,000 after acquiring an additional 582,069 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Booz Allen Hamilton by 58.2% in the 2nd quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock valued at $264,251,000 after purchasing an additional 943,660 shares during the period. Geode Capital Management LLC grew its position in shares of Booz Allen Hamilton by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 2,417,306 shares of the business services provider’s stock valued at $251,000,000 after purchasing an additional 37,519 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Booz Allen Hamilton by 49.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock worth $240,698,000 after buying an additional 779,156 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Booz Allen Hamilton by 14.7% in the 2nd quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock valued at $239,230,000 after acquiring an additional 293,603 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Down 1.2%

Shares of BAH opened at $78.79 on Monday. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $73.93 and a fifty-two week high of $130.91. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of 11.71, a PEG ratio of 4.63 and a beta of 0.37. The firm has a 50 day moving average price of $87.01 and a 200-day moving average price of $92.43. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. The company had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The firm’s revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced 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. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. 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%. Booz Allen Hamilton’s dividend payout ratio is presently 35.07%.

Analysts Set New Price Targets

Several research analysts recently weighed in on BAH shares. Citigroup upped their price objective on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Jefferies Financial Group cut their price target on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a report on Friday, January 23rd. Finally, UBS Group reissued a “neutral” rating and issued a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $101.25.

Booz Allen Hamilton Company 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.