Booz Allen Hamilton Holding Corporation $BAH Stock Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 76.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 22,800 shares of the business services provider’s stock after acquiring an additional 9,900 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Booz Allen Hamilton were worth $1,583,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of BAH. Security National Bank of SO Dak lifted its stake in shares of Booz Allen Hamilton by 0.8% in the 2nd quarter. Security National Bank of SO Dak now owns 19,348 shares of the business services provider’s stock worth $1,174,000 after acquiring an additional 158 shares during the period. Versant Capital Management Inc increased its stake in shares of Booz Allen Hamilton by 30.8% during the third quarter. Versant Capital Management Inc now owns 768 shares of the business services provider’s stock worth $53,000 after acquiring an additional 181 shares during the period. Insight Advisors LLC PA increased its stake in shares of Booz Allen Hamilton by 3.9% during the third quarter. Insight Advisors LLC PA now owns 5,736 shares of the business services provider’s stock worth $398,000 after acquiring an additional 213 shares during the period. Signaturefd LLC increased its stake in shares of Booz Allen Hamilton by 42.2% during the third quarter. Signaturefd LLC now owns 734 shares of the business services provider’s stock worth $51,000 after acquiring an additional 218 shares during the period. Finally, IFP Advisors Inc raised its holdings in Booz Allen Hamilton by 24.8% during the second quarter. IFP Advisors Inc now owns 1,377 shares of the business services provider’s stock worth $84,000 after purchasing an additional 274 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insider Activity

In other news, EVP Buffum Fitzgerald sold 2,105 shares of Booz Allen Hamilton stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $82.90, for a total transaction of $174,504.50. Following the completion of the sale, the executive vice president directly owned 5,087 shares in the company, valued at approximately $421,712.30. This trade represents a 29.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joshua Petty sold 1,500 shares of Booz Allen Hamilton stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total transaction of $124,380.00. Following the sale, the executive vice president owned 8,538 shares of the company’s stock, valued at approximately $707,970.96. The trade was a 14.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BAH shares. UBS Group restated a “neutral” rating and issued a $86.00 price objective on shares of Booz Allen Hamilton in a research report on Monday, October 26th. Cantor Fitzgerald dropped their target price on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Truist Financial raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and increased their target price for the stock from $70.00 to $85.00 in a research note on Thursday, October 8th. The Goldman Sachs Group reduced their price target on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a report on Tuesday, July 14th. Finally, Citigroup raised their price target on Booz Allen Hamilton from $77.00 to $88.00 and gave the company a “neutral” rating in a report on Monday, October 26th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and an average price target of $89.29.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $88.33 on Thursday. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. Booz Allen Hamilton Holding Corporation has a one year low of $59.50 and a one year high of $109.10. The firm has a market capitalization of $10.48 billion, a P/E ratio of 12.22, a PEG ratio of 1.98 and a beta of 0.28. The company’s fifty day moving average is $75.86 and its two-hundred day moving average is $76.58.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, October 23rd. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.28. The business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The business’s revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.49 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.61 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.7%. The ex-dividend date is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio is presently 36.65%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.