Renaissance Group LLC Has $366,000 Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Renaissance Group LLC reduced its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 98.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,659 shares of the business services provider’s stock after selling 238,927 shares during the period. Renaissance Group LLC’s holdings in Booz Allen Hamilton were worth $366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Booz Allen Hamilton by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 13,137,237 shares of the business services provider’s stock valued at $1,367,980,000 after acquiring an additional 65,496 shares during the period. AQR Capital Management LLC grew its position in shares of Booz Allen Hamilton by 58.2% in the second 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 last quarter. Geode Capital Management LLC grew its position in shares of Booz Allen Hamilton by 1.6% in the second 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 during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of 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 purchasing an additional 779,156 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Booz Allen Hamilton by 14.7% during the 2nd 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 last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Ratings Changes

BAH has been the topic of a number of research reports. TD Cowen lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Jefferies Financial Group decreased their price target on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating on the stock in a research note on Thursday, December 18th. Truist Financial set a $98.00 price target on shares of Booz Allen Hamilton in a research report on Friday, January 23rd. Bank of America downgraded shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective for the company. in a report on Friday, October 24th. Finally, UBS Group reaffirmed a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $101.25.

Booz Allen Hamilton Price Performance

BAH stock opened at $89.12 on Friday. The company’s 50-day moving average price is $89.55 and its two-hundred day moving average price is $95.82. The firm has a market cap of $10.75 billion, a P/E ratio of 13.24, a P/E/G ratio of 5.22 and a beta of 0.33. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 12 month low of $79.23 and a 12 month high of $130.91.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly 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 $1.85 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.Booz Allen Hamilton’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.55 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.6%. Booz Allen Hamilton’s payout ratio is 32.69%.

Booz Allen Hamilton 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.