AlphaQuest LLC Sells 2,713 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• AlphaQuest LLC decreased its holdings in Booz Allen Hamilton by 58.2% in the 1st quarter, bringing its stake down to $204,000 after selling 2,713 shares.
• The company announced a quarterly dividend of $0.55 per share, resulting in an annualized yield of 2.0% and a payout ratio of 27.03%.
• Booz Allen Hamilton reported earnings of $1.48 per share, exceeding estimates, but had a slight decline in revenue compared to the previous year.

AlphaQuest LLC lowered its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 58.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,949 shares of the business services provider's stock after selling 2,713 shares during the period. AlphaQuest LLC's holdings in Booz Allen Hamilton were worth $204,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Management One Co. Ltd. boosted its position in Booz Allen Hamilton by 10.2% in the first quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider's stock worth $5,531,000 after purchasing an additional 4,905 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Booz Allen Hamilton in the fourth quarter worth $11,715,000. Diameter Capital Partners LP purchased a new position in Booz Allen Hamilton in the fourth quarter worth $6,435,000. Alta Capital Management LLC boosted its position in Booz Allen Hamilton by 10.2% in the first quarter. Alta Capital Management LLC now owns 225,636 shares of the business services provider's stock worth $23,597,000 after purchasing an additional 20,848 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Booz Allen Hamilton by 7,839.8% in the first quarter. GAMMA Investing LLC now owns 209,055 shares of the business services provider's stock worth $21,863,000 after purchasing an additional 206,422 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

NYSE BAH traded down $3.80 during trading on Thursday, reaching $102.95. The company's stock had a trading volume of 1,090,601 shares, compared to its average volume of 2,236,359. The stock has a market capitalization of $12.69 billion, a PE ratio of 12.66, a P/E/G ratio of 1.71 and a beta of 0.45. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. The firm has a fifty day moving average of $108.94 and a 200 day moving average of $110.64. 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 earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio is currently 27.03%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group set a $119.00 price objective on Booz Allen Hamilton and gave the stock a "neutral" rating in a research report on Monday, July 28th. William Blair raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their price target for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. Barclays dropped their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. upped their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" 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 assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus 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.