Argent Capital Management LLC Increases Stake in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Argent Capital Management LLC increased its stake in Booz Allen Hamilton Holding Corporation by 0.9%, owning 773,138 shares worth approximately $80.5 million, making it the 15th largest holding in their portfolio.
• The company reported a quarterly EPS of $1.48, surpassing analysts' expectations, despite a slight revenue decline of 0.6% year-over-year.
• Booz Allen Hamilton declared a quarterly dividend of $0.55 per share, resulting in an annualized yield of 2.2% with a payout ratio of 27.03%.

Argent Capital Management LLC boosted its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 0.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 773,138 shares of the business services provider's stock after acquiring an additional 7,087 shares during the period. Booz Allen Hamilton comprises 2.3% of Argent Capital Management LLC's investment portfolio, making the stock its 15th biggest holding. Argent Capital Management LLC owned about 0.62% of Booz Allen Hamilton worth $80,507,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Personal CFO Solutions LLC boosted its holdings in shares of 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 valued at $286,000 after buying an additional 92 shares in the last quarter. Raiffeisen Bank International AG raised its position in Booz Allen Hamilton by 4.9% during the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider's stock worth $225,000 after buying an additional 100 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Booz Allen Hamilton by 74.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after buying an additional 105 shares during the last quarter. Intrust Bank NA raised its position in Booz Allen Hamilton by 2.6% during the 1st quarter. Intrust Bank NA now owns 4,544 shares of the business services provider's stock worth $475,000 after buying an additional 113 shares during the last quarter. Finally, Yousif Capital Management LLC raised its position in Booz Allen Hamilton by 5.5% during the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after buying an additional 124 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Ratings Changes

BAH has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Monday, July 28th. Stifel Nicolaus raised their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, July 28th. William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. The Goldman Sachs Group cut shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and decreased their target price for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. Finally, Barclays decreased their target price on shares of 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. 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 assigned a Sell rating to the company. According to MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and a consensus price target of $134.00.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $99.82 on Tuesday. The company has a market cap of $12.30 billion, a PE ratio of 12.26, a P/E/G ratio of 1.60 and a beta of 0.45. The company has a fifty day moving average price of $107.74 and a two-hundred day moving average price of $109.73. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a 12 month low of $98.75 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.03. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm's revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.2%. Booz Allen Hamilton's payout ratio is 27.03%.

Booz Allen Hamilton Company 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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