Baird Financial Group Inc. Acquires 8,438 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Baird Financial Group Inc. increased its holdings in Booz Allen Hamilton by 39.7%, acquiring an additional 8,438 shares and bringing its total to 29,672 shares valued at approximately $3.1 million.
• Booz Allen Hamilton reported earnings of $1.48 per share for the quarter, exceeding estimates by $0.03, although its revenue fell short of expectations at $2.92 billion.
• The company declared a quarterly dividend of $0.55, translating to an annualized yield of 2.1%, with a payout ratio of 27.03%.

Baird Financial Group Inc. increased its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 39.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,672 shares of the business services provider's stock after purchasing an additional 8,438 shares during the period. Baird Financial Group Inc.'s holdings in Booz Allen Hamilton were worth $3,103,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BAH. Wellington Management Group LLP boosted its holdings in Booz Allen Hamilton by 603.1% in 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 purchasing an additional 1,240,689 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Booz Allen Hamilton by 179.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock worth $227,425,000 after buying an additional 1,135,426 shares during the last quarter. Man Group plc lifted its stake in shares of Booz Allen Hamilton by 2,293.2% in the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock worth $145,224,000 after buying an additional 1,081,239 shares during the last quarter. 1832 Asset Management L.P. lifted its stake 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 worth $153,370,000 after buying an additional 646,053 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake 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 worth $199,770,000 after buying an additional 590,655 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on BAH shares. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. Wall Street Zen downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. The Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $108.00 to $94.00 in a report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH traded down $0.72 on Monday, hitting $101.73. 2,015,742 shares of the company were exchanged, compared to its average volume of 1,416,649. The company's 50 day moving average price is $108.88 and its two-hundred day moving average price is $110.28. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The firm 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 posted 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 net margin of 8.70% and a return on equity of 73.05%. The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the previous year, the firm posted $1.38 EPS. The business'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. Research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed 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. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 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.