Intech Investment Management LLC Has $625,000 Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Intech Investment Management LLC lessened its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 51.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,403 shares of the business services provider’s stock after selling 7,725 shares during the quarter. Intech Investment Management LLC’s holdings in Booz Allen Hamilton were worth $625,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BAH. AQR Capital Management LLC grew its stake in Booz Allen Hamilton by 48.6% during 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 buying an additional 1,246,451 shares during the last quarter. Primecap Management Co. CA grew its stake in Booz Allen Hamilton by 56.6% during the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock worth $198,285,000 after buying an additional 716,780 shares during the last quarter. Victory Capital Management Inc. grew its stake in Booz Allen Hamilton by 1,269.7% during the third quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock worth $66,482,000 after buying an additional 616,591 shares during the last quarter. 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 worth $1,371,245,000 after buying an additional 582,069 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in Booz Allen Hamilton by 410.8% during the third quarter. Two Sigma Investments LP now owns 720,230 shares of the business services provider’s stock worth $71,987,000 after buying an additional 579,222 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. TD Cowen reissued a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Weiss Ratings cut shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 26th. Stifel Nicolaus set a $110.00 price target on shares of Booz Allen Hamilton and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, Truist Financial decreased their price target on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Two equities 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 MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $88.00.

Booz Allen Hamilton Price Performance

BAH opened at $78.98 on Wednesday. Booz Allen Hamilton Holding Corporation has a one year low of $68.83 and a one year high of $120.04. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. The company’s 50 day simple moving average is $78.87 and its 200-day simple moving average is $82.85. The stock has a market capitalization of $9.46 billion, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 4.51 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same period in the prior year, the firm earned $1.61 earnings per share. Booz Allen Hamilton’s revenue 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. Sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.26 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

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

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.