Illinois Municipal Retirement Fund Buys 12,656 Shares of Booz Allen Hamilton Holding Corporation $BAH

Illinois Municipal Retirement Fund boosted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 21.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,963 shares of the business services provider’s stock after purchasing an additional 12,656 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Booz Allen Hamilton were worth $7,193,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth $168,069,000. Primecap Management Co. CA lifted its position in Booz Allen Hamilton by 2,011.8% during the 2nd quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider’s stock worth $131,939,000 after acquiring an additional 1,207,058 shares during the last quarter. AQR Capital Management LLC lifted its position in Booz Allen Hamilton by 58.2% during 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 during the last quarter. Allspring Global Investments Holdings LLC boosted 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 acquiring an additional 779,156 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Booz Allen Hamilton by 227.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 698,930 shares of the business services provider’s stock valued at $72,780,000 after purchasing an additional 485,425 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. The Goldman Sachs Group cut their price objective on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a research report on Monday, October 27th. Zacks Research upgraded Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Weiss Ratings raised Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, January 27th. Bank of America lowered shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price on the stock. in a research report on Friday, October 24th. Finally, Citigroup upped their target price on shares of 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 issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $101.25.

Booz Allen Hamilton Stock Performance

BAH opened at $79.31 on Friday. The stock’s 50 day simple moving average is $89.45 and its 200-day simple moving average is $94.92. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. The stock has a market cap of $9.56 billion, a PE ratio of 11.78, a P/E/G ratio of 4.57 and a beta of 0.33. Booz Allen Hamilton Holding Corporation has a 1 year low of $76.83 and a 1 year high of $130.91.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.26 by $0.51. The firm had revenue of $2.62 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 quarterly revenue was down 10.2% compared to the same quarter last year. During the same period last year, the business earned $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Sell-side analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 3.0%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.