Bessemer Group Inc. Sells 9,786 Shares of Booz Allen Hamilton Holding Corporation $BAH

Bessemer Group Inc. trimmed its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 0.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,695,808 shares of the business services provider’s stock after selling 9,786 shares during the period. Bessemer Group Inc.’s holdings in Booz Allen Hamilton were worth $169,495,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Booz Allen Hamilton by 0.5% in the second quarter. Vanguard Group Inc. now owns 13,137,237 shares of the business services provider’s stock worth $1,367,980,000 after buying an additional 65,496 shares during the period. AQR Capital Management LLC increased 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 worth $264,251,000 after acquiring an additional 943,660 shares in the last quarter. Geode Capital Management LLC raised its stake in 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 worth $251,000,000 after acquiring an additional 37,519 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings 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 valued at $240,698,000 after purchasing an additional 779,156 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Booz Allen Hamilton by 14.7% in the second quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock worth $239,230,000 after purchasing an additional 293,603 shares during the period. Institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on BAH shares. Bank of America downgraded shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective on the stock. in a research report on Friday, October 24th. Zacks Research raised Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Truist Financial set a $98.00 price objective on Booz Allen Hamilton in a research report on Friday, January 23rd. TD Cowen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. Finally, Citigroup lifted their target price on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $105.77.

Booz Allen Hamilton Trading Up 2.4%

Shares of Booz Allen Hamilton stock opened at $84.99 on Thursday. Booz Allen Hamilton Holding Corporation has a twelve month low of $79.23 and a twelve month high of $134.27. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The business has a 50-day moving average price of $89.40 and a 200-day moving average price of $96.16. The firm has a market cap of $10.25 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 4.87 and a beta of 0.33.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.51. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm’s revenue was down 10.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a $0.59 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.69%.

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.