Booz Allen Hamilton (NYSE:BAH) Hits New 12-Month Low - Here's Why

Key Points

• Booz Allen Hamilton shares fell to a 1-year low, trading at $98.75 with a volume of 735,610 shares, significantly down from their previous close of $102.14.
• Analysts have mixed ratings for the stock, with Goldman Sachs cutting its rating to sell and lowering the target price from $108 to $94, while William Blair upgraded it to outperform.
• The company announced a quarterly dividend of $0.55 per share, yielding 2.2%, and has a dividend payout ratio of 27.03%.

Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report)'s stock price hit a new 52-week low on Monday . The company traded as low as $98.75 and last traded at $99.44, with a volume of 735610 shares traded. The stock had previously closed at $102.14.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. The Goldman Sachs Group cut shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a "neutral" rating in a research note on Monday, July 28th. Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, July 28th. JPMorgan Chase & Co. raised their target price on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research note on Monday, July 28th. Finally, William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Booz Allen Hamilton presently has an average rating of "Hold" and an average target price of $134.00.

Booz Allen Hamilton Price Performance

The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The company's fifty day simple moving average is $107.74 and its two-hundred day simple moving average is $109.73. The stock has a market capitalization of $12.21 billion, a PE ratio of 12.15, a P/E/G ratio of 1.60 and a beta of 0.45.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.03. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm's revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the firm posted $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.55 per share. The ex-dividend date was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.2%. Booz Allen Hamilton's payout ratio is 27.03%.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently modified their holdings of BAH. Norges Bank purchased a new stake in shares of Booz Allen Hamilton during the second quarter worth about $168,069,000. Wellington Management Group LLP grew its holdings in shares of Booz Allen Hamilton by 603.1% during the first quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider's stock worth $151,266,000 after buying an additional 1,240,689 shares in the last quarter. Primecap Management Co. CA grew its holdings in shares of Booz Allen Hamilton by 2,011.8% during the second quarter. Primecap Management Co. CA now owns 1,267,058 shares of the business services provider's stock worth $131,939,000 after buying an additional 1,207,058 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Booz Allen Hamilton by 288.4% during the first quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider's stock worth $168,491,000 after buying an additional 1,204,446 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Booz Allen Hamilton by 187.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider's stock worth $168,136,000 after buying an additional 1,021,809 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.