Bahl & Gaynor Inc. Purchases 38,561 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Bahl & Gaynor Inc. increased its stake in Booz Allen Hamilton Holding Corporation by 4.8%, now owning approximately 0.66% of the company, valued at $87.34 million.
• Booz Allen Hamilton reported an EPS of $1.48 for the last quarter, exceeding analysts' expectations, but its revenue was down 0.6% year-over-year.
• The company declared a quarterly dividend of $0.55, with an annualized yield of 2.0% and a payout ratio of 27.03%.

Bahl & Gaynor Inc. increased its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 4.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 835,176 shares of the business services provider's stock after buying an additional 38,561 shares during the quarter. Bahl & Gaynor Inc. owned about 0.66% of Booz Allen Hamilton worth $87,343,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised its position in shares of 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 in the last quarter. Brooklyn Investment Group raised its holdings in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock worth $31,000 after buying an additional 149 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in Booz Allen Hamilton during the 4th quarter worth approximately $33,000. Versant Capital Management Inc grew its stake in Booz Allen Hamilton by 627.3% during the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock valued at $33,000 after acquiring an additional 276 shares in the last quarter. Finally, CX Institutional acquired a new position in Booz Allen Hamilton in the 1st quarter worth about $33,000. Institutional investors own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BAH shares. Stifel Nicolaus increased their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. Barclays dropped their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 28th. Raymond James Financial restated a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research report on Monday, July 28th. Finally, 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. One 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, the company has an average rating of "Hold" and a consensus target price of $134.00.

Booz Allen Hamilton Price Performance

Shares of BAH traded up $0.69 during trading hours on Tuesday, hitting $110.13. 2,476,916 shares of the company were exchanged, compared to its average volume of 1,626,198. The company has a market cap of $13.57 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 1.72 and a beta of 0.47. The firm's fifty day moving average is $107.99 and its 200 day moving average is $111.11. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $98.95 and a fifty-two week high of $190.59. 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 issued its quarterly 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. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the firm posted $1.38 EPS. The firm's quarterly revenue was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, August 14th. Booz Allen Hamilton's payout ratio is currently 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.