Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Leonteq Securities AG

Leonteq Securities AG cut its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 39.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,636 shares of the business services provider’s stock after selling 8,112 shares during the period. Leonteq Securities AG’s holdings in Booz Allen Hamilton were worth $986,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. iA Global Asset Management Inc. purchased a new stake in shares of Booz Allen Hamilton in the 1st quarter valued at about $1,356,000. Continuum Advisory LLC grew its stake in Booz Allen Hamilton by 30.0% during the 1st quarter. Continuum Advisory LLC now owns 44,256 shares of the business services provider’s stock worth $3,453,000 after buying an additional 10,224 shares during the last quarter. Union Bancaire Privee UBP SA grew its stake in Booz Allen Hamilton by 4.3% during the 1st quarter. Union Bancaire Privee UBP SA now owns 13,494 shares of the business services provider’s stock worth $1,053,000 after buying an additional 562 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in Booz Allen Hamilton during the 1st quarter worth approximately $2,731,000. Finally, Fifth Third Wealth Advisors LLC increased its position in Booz Allen Hamilton by 10.3% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,992 shares of the business services provider’s stock worth $311,000 after buying an additional 373 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 0.0%

BAH opened at $62.45 on Friday. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a 12 month low of $59.50 and a 12 month high of $120.04. The stock has a market capitalization of $7.48 billion, a P/E ratio of 9.06, a P/E/G ratio of 3.57 and a beta of 0.36. The business has a 50 day simple moving average of $73.75 and a 200-day simple moving average of $80.49.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.Booz Allen Hamilton’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. On average, equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.8%. Booz Allen Hamilton’s dividend payout ratio is 34.25%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. BNP Paribas Exane started coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price objective for the company. TD Cowen restated a “hold” rating on shares of Booz Allen Hamilton in a research report on Tuesday, May 26th. UBS Group reaffirmed a “neutral” rating and issued a $83.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. Wells Fargo & Company initiated coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price target for the company. Finally, Citigroup decreased their price target on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $86.50.

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.