BI Asset Management Fondsmaeglerselskab A S Purchases 52,485 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in Booz Allen Hamilton by 112.9% in the first quarter, bringing its total holdings to approximately 99,000 shares valued at more than $10 million.
• Other institutional investors have also significantly increased their positions in Booz Allen Hamilton, with Capital World Investors raising its holdings by 591.1% in the last quarter.
• Booz Allen Hamilton announced a quarterly dividend of $0.55 per share, which will be paid on August 29th, corresponding to a 2.0% yield.

BI Asset Management Fondsmaeglerselskab A S increased its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 112.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,987 shares of the business services provider's stock after purchasing an additional 52,485 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.08% of Booz Allen Hamilton worth $10,352,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BAH. Personal CFO Solutions LLC boosted its holdings in shares of Booz Allen Hamilton by 3.5% during the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock valued at $286,000 after acquiring an additional 92 shares during the last quarter. Raiffeisen Bank International AG boosted its holdings in shares of 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 valued at $225,000 after acquiring an additional 100 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Booz Allen Hamilton by 74.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after purchasing an additional 105 shares during the period. Intrust Bank NA lifted its stake in shares of Booz Allen Hamilton by 2.6% in the 1st quarter. Intrust Bank NA now owns 4,544 shares of the business services provider's stock worth $475,000 after purchasing an additional 113 shares during the period. Finally, Yousif Capital Management LLC lifted its stake in shares of Booz Allen Hamilton by 5.5% in the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after purchasing an additional 124 shares during the period. Institutional investors own 91.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Raymond James Financial reiterated a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a "neutral" rating in a research note on Monday, July 28th. Stifel Nicolaus raised their target price 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 upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. 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 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 data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and a consensus price target of $134.00.

Booz Allen Hamilton Price Performance

Shares of BAH stock traded down $0.6030 on Monday, reaching $109.3270. The company's stock had a trading volume of 215,338 shares, compared to its average volume of 2,273,583. The stock's fifty day simple moving average is $107.69 and its 200-day simple moving average is $111.24. Booz Allen Hamilton Holding Corporation has a 1 year low of $98.95 and a 1 year high of $190.59. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a market capitalization of $13.47 billion, a price-to-earnings ratio of 13.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47.

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 EPS for the quarter, topping the consensus estimate of $1.45 by $0.03. The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. Booz Allen Hamilton's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

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