Algert Global LLC Sells 13,754 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Algert Global LLC reduced its stake in Booz Allen Hamilton by 44.5% in Q1, currently holding shares worth approximately $1.79 million.
• Booz Allen Hamilton recently reported $1.48 earnings per share for the last quarter, exceeding estimates, although its revenue decreased by 0.6% year-over-year.
• The company announced a quarterly dividend of $0.55 per share, with a dividend yield of 2.0%, indicating a payout ratio of 27.03%.

Algert Global LLC lowered its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 44.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,128 shares of the business services provider's stock after selling 13,754 shares during the period. Algert Global LLC's holdings in Booz Allen Hamilton were worth $1,791,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BAH. Dimensional Fund Advisors LP increased its position in shares of Booz Allen Hamilton by 15.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,254,345 shares of the business services provider's stock valued at $161,434,000 after buying an additional 170,934 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Booz Allen Hamilton by 92.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the business services provider's stock valued at $721,000 after buying an additional 2,691 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Booz Allen Hamilton by 140.6% in the 4th quarter. TD Waterhouse Canada Inc. now owns 705 shares of the business services provider's stock valued at $91,000 after buying an additional 412 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Booz Allen Hamilton by 86.5% in the 4th quarter. Hsbc Holdings PLC now owns 144,809 shares of the business services provider's stock valued at $18,592,000 after buying an additional 67,178 shares in the last quarter. Finally, Pinebridge Investments L.P. increased its position in shares of Booz Allen Hamilton by 86.4% in the 4th quarter. Pinebridge Investments L.P. now owns 64,216 shares of the business services provider's stock valued at $8,265,000 after buying an additional 29,759 shares in the last quarter. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Up 0.3%

Shares of NYSE BAH traded up $0.30 during mid-day trading on Tuesday, hitting $109.74. The company had a trading volume of 442,338 shares, compared to its average volume of 2,266,575. The company has a market capitalization of $13.53 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47. The firm has a 50-day simple moving average of $107.83 and a two-hundred day simple moving average of $111.11. 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 one year low of $98.95 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data 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 return on equity of 73.05% and a net margin of 8.70%.The company had revenue of $2.92 billion during the quarter, compared to analysts' expectations of $2.96 billion. During the same quarter last year, the company earned $1.38 EPS. Booz Allen Hamilton's revenue for the quarter 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 expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be issued a dividend of $0.55 per share. The ex-dividend date is Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 27.03%.

Analysts Set New Price Targets

A number of research firms recently commented on BAH. JPMorgan Chase & Co. upped their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Wells Fargo & Company lowered their target price on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating for the company in a report on Friday, May 23rd. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a "neutral" rating in a report on Monday, July 28th. Finally, The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their target price for the stock from $108.00 to $94.00 in a report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of "Hold" and an average target price of $134.00.

Booz Allen Hamilton 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.