Vise Technologies Inc. Makes New $871,000 Investment in Booz Allen Hamilton Holding Corporation $BAH

Vise Technologies Inc. acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,551 shares of the business services provider’s stock, valued at approximately $871,000.

Other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Booz Allen Hamilton by 1.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider’s stock valued at $208,226,000 after acquiring an additional 45,276 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Booz Allen Hamilton by 12.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,352,790 shares of the business services provider’s stock valued at $105,567,000 after acquiring an additional 151,166 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Booz Allen Hamilton by 2.6% in the first quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock valued at $87,181,000 after acquiring an additional 28,462 shares during the period. Diamond Hill Capital Management LLC Investment Advisor bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth about $51,325,000. Finally, Copeland Capital Management LLC boosted its stake in shares of Booz Allen Hamilton by 292.5% during the 3rd quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock worth $56,047,000 after purchasing an additional 601,677 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on BAH. Jefferies Financial Group reduced their price target on Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating on the stock in a report on Wednesday, October 7th. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. Citigroup lifted their price objective on shares of Booz Allen Hamilton from $77.00 to $88.00 and gave the company a “neutral” rating in a report on Monday, October 26th. Cantor Fitzgerald decreased their price target on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. Finally, National Bank Financial set a $95.00 price objective on Booz Allen Hamilton in a report on Monday, October 26th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $89.29.

Insider Activity

In other news, EVP Buffum Fitzgerald sold 2,105 shares of the business’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total transaction of $174,504.50. Following the sale, the executive vice president owned 5,087 shares in the company, valued at approximately $421,712.30. The trade was a 29.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Joshua Petty sold 1,500 shares of the 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 completion of the transaction, the executive vice president directly owned 8,538 shares of the company’s stock, valued at $707,970.96. The trade was a 14.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.08% of the stock is currently owned by company insiders.

Booz Allen Hamilton Stock Up 1.9%

Booz Allen Hamilton stock opened at $86.96 on Tuesday. Booz Allen Hamilton Holding Corporation has a twelve month low of $59.50 and a twelve month high of $109.10. The business has a fifty day moving average of $76.60 and a two-hundred day moving average of $76.46. The firm has a market cap of $10.31 billion, a P/E ratio of 12.40, a P/E/G ratio of 2.01 and a beta of 0.28. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 3.53.

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

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors 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 of this dividend is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio is currently 36.65%.

Booz Allen Hamilton Profile

Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity.

The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.