Insight Wealth Strategies LLC Buys 10,346 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Insight Wealth Strategies LLC increased its stake in Booz Allen Hamilton by 36.3% during the second quarter, now holding shares worth approximately $4.17 million.
• Booz Allen Hamilton reported an earnings per share (EPS) of $1.48 for the last quarter, exceeding analysts' estimates, with a net margin of 8.70%.
• The company recently paid a quarterly dividend of $0.55 per share, reflecting a 2.1% yield based on its annualized dividend payout.

Insight Wealth Strategies LLC raised its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 36.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,816 shares of the business services provider's stock after acquiring an additional 10,346 shares during the quarter. Insight Wealth Strategies LLC's holdings in Booz Allen Hamilton were worth $4,165,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted 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 purchasing an additional 105 shares in the last quarter. Brooklyn Investment Group grew its stake in shares of Booz Allen Hamilton by 102.8% in the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock valued at $31,000 after buying an additional 149 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at about $33,000. Versant Capital Management Inc grew its stake in shares of Booz Allen Hamilton by 627.3% in the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock valued at $33,000 after buying an additional 276 shares during the period. Finally, CX Institutional acquired a new stake in shares of Booz Allen Hamilton in the 1st quarter valued at about $33,000. Institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on BAH. William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. Barclays dropped their price target 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. JPMorgan Chase & Co. raised their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research 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 company a "hold" rating in a research report on Monday, July 28th. Finally, Wells Fargo & Company dropped their price target on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton presently has an average rating of "Hold" and an average target price of $134.00.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded down $0.21 during trading hours on Friday, hitting $101.00. 774,142 shares of the company were exchanged, compared to its average volume of 2,208,213. The firm has a fifty day simple moving average of $107.99 and a 200 day simple moving average of $109.87. 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 52-week low of $98.95 and a 52-week high of $190.59. The stock has a market capitalization of $12.45 billion, a price-to-earnings ratio of 12.41, a P/E/G ratio of 1.59 and a beta of 0.45.

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 (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 during the quarter, compared to analyst estimates of $2.96 billion. During the same quarter last year, the business posted $1.38 EPS. Booz Allen Hamilton's quarterly 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 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was 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.