APG Asset Management N.V. Decreases Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• APG Asset Management N.V. has decreased its stake in Booz Allen Hamilton by 8.0%, owning 98,004 shares valued at approximately $9.5 million after selling 8,511 shares.
• Wellington Management Group LLP significantly increased its holdings by 603.1%, now possessing 1,446,414 shares valued at about $151.3 million.
• Booz Allen Hamilton's shares have a current consensus rating of "Hold" with forecasts indicating an EPS of 6.44 for the current year.

APG Asset Management N.V. cut its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 8.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,004 shares of the business services provider's stock after selling 8,511 shares during the period. APG Asset Management N.V. owned 0.08% of Booz Allen Hamilton worth $9,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BAH. Wellington Management Group LLP raised its position 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 valued at $151,266,000 after purchasing an additional 1,240,689 shares during the period. Janus Henderson Group PLC raised its position in Booz Allen Hamilton by 179.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after purchasing an additional 1,135,426 shares during the period. Man Group plc raised its position in Booz Allen Hamilton by 2,293.2% during the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock valued at $145,224,000 after purchasing an additional 1,081,239 shares during the period. 1832 Asset Management L.P. raised its position in Booz Allen Hamilton by 78.7% during 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 purchasing an additional 646,053 shares during the period. Finally, Bank of America Corp DE raised its position in Booz Allen Hamilton by 61.4% during 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 purchasing an additional 590,655 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BAH. Wells Fargo & Company decreased their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Raymond James Financial reiterated a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. The Goldman Sachs Group downgraded 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 report on Wednesday, May 28th. Stifel Nicolaus increased their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a report on Monday, July 28th. Finally, Wall Street Zen downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $134.00.

Booz Allen Hamilton Stock Down 0.4%

Shares of NYSE:BAH opened at $109.4390 on Tuesday. Booz Allen Hamilton Holding Corporation has a 52-week low of $98.95 and a 52-week high of $190.59. The stock has a market cap of $13.49 billion, a P/E ratio of 13.44, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47. The business's 50 day moving average is $107.83 and its 200 day moving average is $111.11. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66.

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 (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 company had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.96 billion. During the same quarter in the prior year, the firm earned $1.38 earnings per share. Booz Allen Hamilton'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. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio is 27.03%.

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.

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