Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. decreased its stake in Booz Allen Hamilton Holding Corporation by 19.7% during Q1, selling 6,899 shares and leaving them with a total of 28,052 shares valued at approximately $2.93 million.
• Booz Allen Hamilton reported earnings of $1.48 per share, exceeding expectations, but its revenue fell by 0.6% year-over-year and was slightly below analyst forecasts.
• Institutional investors now own 91.82% of Booz Allen Hamilton's stock, highlighting strong institutional interest in the company.

Advisors Asset Management Inc. reduced its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 19.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,052 shares of the business services provider's stock after selling 6,899 shares during the period. Advisors Asset Management Inc.'s holdings in Booz Allen Hamilton were worth $2,934,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BAH. MassMutual Private Wealth & Trust FSB raised its position in shares of Booz Allen Hamilton by 74.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock valued at $26,000 after purchasing an additional 105 shares during the last quarter. Brooklyn Investment Group raised its holdings 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 buying an additional 149 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $33,000. Versant Capital Management Inc increased its position in shares of Booz Allen Hamilton by 627.3% in the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock valued at $33,000 after acquiring an additional 276 shares during the period. Finally, CX Institutional purchased a new position in Booz Allen Hamilton in the 1st quarter worth $33,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

Shares of BAH stock traded up $0.78 during trading hours on Friday, reaching $104.62. The company had a trading volume of 1,427,384 shares, compared to its average volume of 1,405,966. Booz Allen Hamilton Holding Corporation has a 12-month low of $98.95 and a 12-month high of $190.59. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 1.63 and a beta of 0.45. The stock has a fifty day moving average of $108.53 and a 200-day moving average of $110.05. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly 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. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.96 billion. During the same quarter in the previous year, the company posted $1.38 EPS. The company's revenue was down .6% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton's payout ratio is presently 27.03%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. Stifel Nicolaus increased their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" 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 reduced their price target for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the company a "neutral" rating in a report 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 report on Monday, July 21st. 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. According to MarketBeat.com, Booz Allen Hamilton has a consensus rating of "Hold" and a consensus target price of $134.00.

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.