Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires Shares of 30,355 Booz Allen Hamilton Holding Corporation $BAH

Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 4th quarter, Holdings Channel.com reports. The fund acquired 30,355 shares of the business services provider’s stock, valued at approximately $2,561,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in 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 valued at $1,176,522,000 after acquiring an additional 227,141 shares in the last quarter. AQR Capital Management LLC raised its holdings in Booz Allen Hamilton by 48.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after acquiring an additional 1,246,451 shares in the last quarter. First Trust Advisors LP raised its holdings in Booz Allen Hamilton by 10.6% in the 3rd quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after acquiring an additional 342,252 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Booz Allen Hamilton by 8.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock worth $216,094,000 after buying an additional 199,590 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Booz Allen Hamilton by 5.1% during the 4th quarter. Geode Capital Management LLC now owns 2,534,914 shares of the business services provider’s stock worth $213,308,000 after buying an additional 123,076 shares in the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $79.48 on Friday. Booz Allen Hamilton Holding Corporation has a 12-month low of $68.83 and a 12-month high of $120.04. The business has a 50-day simple moving average of $78.89 and a two-hundred day simple moving average of $82.87. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The stock has a market cap of $9.52 billion, a PE ratio of 11.54, a PEG ratio of 4.55 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the prior year, the firm earned $1.61 EPS. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.26 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is presently 34.25%.

Analyst Upgrades and Downgrades

BAH has been the subject of a number of research analyst reports. Jefferies Financial Group set a $85.00 price target on Booz Allen Hamilton in a report on Monday, May 11th. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. TD Cowen reissued a “hold” rating on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Wells Fargo & Company initiated coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price target for the company. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $88.00.

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.