AQR Capital Management LLC Acquires 1,204,446 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• AQR Capital Management LLC significantly increased its stake in Booz Allen Hamilton by 288.4%, acquiring an additional 1,204,446 shares in the first quarter, resulting in total holdings of 1,622,132 shares valued at approximately $168.5 million.
• Several other institutional investors have also boosted their investments in Booz Allen Hamilton, with 91.82% of the company's stock now owned by institutional shareholders.
• Booz Allen Hamilton's latest quarterly earnings surpassed analysts' expectations, reporting an EPS of $1.48, while also announcing a quarterly dividend of $0.55 per share, reflecting a dividend yield of 2.1%.

AQR Capital Management LLC lifted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 288.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,622,132 shares of the business services provider's stock after purchasing an additional 1,204,446 shares during the quarter. AQR Capital Management LLC owned about 1.28% of Booz Allen Hamilton worth $168,491,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Personal CFO Solutions LLC increased its holdings in Booz Allen Hamilton by 3.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock worth $286,000 after purchasing an additional 92 shares in the last quarter. Raiffeisen Bank International AG boosted its holdings in Booz Allen Hamilton by 4.9% in the first quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider's stock worth $225,000 after acquiring an additional 100 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Booz Allen Hamilton by 74.5% in the first 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 in the last quarter. Intrust Bank NA lifted its holdings in Booz Allen Hamilton by 2.6% during the first quarter. Intrust Bank NA now owns 4,544 shares of the business services provider's stock worth $475,000 after acquiring an additional 113 shares during the period. Finally, Yousif Capital Management LLC lifted its holdings in Booz Allen Hamilton by 5.5% during the first quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after acquiring an additional 124 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Stock Down 0.7%

BAH traded down $0.72 during trading on Monday, hitting $101.73. 2,014,633 shares of the company's stock traded hands, compared to its average volume of 2,242,941. The company's 50 day simple moving average is $108.93 and its two-hundred day simple moving average is $110.35. 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 12-month low of $98.95 and a 12-month high of $190.59. The stock has a market capitalization of $12.54 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 1.61 and a beta of 0.45.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released 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 return on equity of 73.05% and a net margin of 8.70%.The firm had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.96 billion. During the same period in the prior year, the firm earned $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. 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 business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were given a $0.55 dividend. The ex-dividend date was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.2%. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 27.03%.

Analysts Set New Price Targets

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