Perpetual Ltd Takes Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Perpetual Ltd has acquired 20,802 shares of Booz Allen Hamilton Holding Corporation for approximately $2,166,000, marking its entry into the business services sector.
• Booz Allen Hamilton reported an EPS of $1.48 for the last quarter, surpassing estimates, but its revenue fell short of analyst expectations at $2.92 billion.
• The company has recently declared a quarterly dividend of $0.55 per share, reflecting a 2.2% yield, with a low dividend payout ratio of 27.03%.

Perpetual Ltd acquired a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 20,802 shares of the business services provider's stock, valued at approximately $2,166,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of Booz Allen Hamilton by 74.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock valued at $26,000 after buying an additional 105 shares during the period. Brooklyn Investment Group increased its stake in shares of Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock worth $31,000 after purchasing an additional 149 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Booz Allen Hamilton by 627.3% during the first quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock worth $33,000 after acquiring an additional 276 shares during the last quarter. CX Institutional bought a new position in shares of Booz Allen Hamilton during the first quarter worth $33,000. Finally, NBC Securities Inc. bought a new position in Booz Allen Hamilton during the first quarter valued at $35,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BAH shares. 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 report on Monday, July 28th. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and decreased their price objective for the company from $108.00 to $94.00 in a report on Wednesday, May 28th. Barclays decreased their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a report on Wednesday, May 28th. William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. Finally, Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $134.00.

Booz Allen Hamilton Price Performance

NYSE:BAH traded down $1.23 during trading hours on Tuesday, reaching $98.56. 956,183 shares of the company were exchanged, compared to its average volume of 2,218,584. The stock's 50-day moving average is $107.74 and its 200-day moving average is $109.73. The firm has a market cap of $12.15 billion, a PE ratio of 12.11, a price-to-earnings-growth ratio of 1.60 and a beta of 0.45. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a twelve month low of $98.37 and a twelve month high of $190.59.

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

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is 27.03%.

Booz Allen Hamilton Company Profile

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.