Amundi Raises Holdings in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Amundi increased its stake in Booz Allen Hamilton by 68.7%, reaching a total of 797,496 shares valued at approximately $89 million, according to a recent SEC filing.
• Booz Allen Hamilton reported quarterly earnings of $1.48 per share, exceeding the consensus estimate by $0.03, although it experienced a revenue decline of 0.6% year-over-year.
• The company declared a quarterly dividend of $0.55 per share, resulting in an annualized yield of 2.1%, with a payout ratio of 27.03%.

Amundi boosted its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 68.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 797,496 shares of the business services provider's stock after buying an additional 324,768 shares during the quarter. Amundi owned 0.63% of Booz Allen Hamilton worth $89,112,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of BAH. Wellington Management Group LLP boosted its stake in 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 during the period. Janus Henderson Group PLC grew its stake in Booz Allen Hamilton by 179.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock worth $227,425,000 after acquiring an additional 1,135,426 shares in the last quarter. Man Group plc grew its stake in Booz Allen Hamilton by 2,293.2% in the 4th quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock worth $145,224,000 after acquiring an additional 1,081,239 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Booz Allen Hamilton by 78.7% in the first quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider's stock valued at $153,370,000 after acquiring an additional 646,053 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Booz Allen Hamilton by 61.4% in the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock valued at $199,770,000 after acquiring an additional 590,655 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BAH has been the subject of a number of recent research reports. The Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and reduced their target price for the stock from $108.00 to $94.00 in a report on Wednesday, May 28th. Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a "neutral" rating in a report on Monday, July 28th. Wall Street Zen cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and a consensus target price of $134.00.

Booz Allen Hamilton Price Performance

BAH stock traded down $0.72 during midday trading on Monday, reaching $101.73. The stock had a trading volume of 2,015,742 shares, compared to its average volume of 1,416,649. The company's fifty day simple moving average is $108.88 and its 200 day simple moving average is $110.28. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a market cap of $12.54 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 1.61 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a 52-week low of $98.95 and a 52-week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, topping 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 business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. During the same quarter in the previous year, the firm earned $1.38 EPS. The company's quarterly 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. As a group, sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company 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. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.2%. Booz Allen Hamilton's payout ratio is 27.03%.

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.