Wellington Management Group LLP Raises Stake in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Wellington Management Group LLP significantly increased its stake in Booz Allen Hamilton by 603.1%, now owning approximately 1.14% of the company valued at $151.27 million.
• Analysts have varied perspectives on Booz Allen Hamilton, with Goldman Sachs lowering its rating to "sell" while UBS maintains a "neutral" rating with a price target of $119.00.
• Booz Allen Hamilton reported $1.48 earnings per share for the last quarter, exceeding expectations, but its revenue fell 0.6% year-over-year.

Wellington Management Group LLP raised its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 603.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,446,414 shares of the business services provider's stock after acquiring an additional 1,240,689 shares during the period. Wellington Management Group LLP owned approximately 1.14% of Booz Allen Hamilton worth $151,266,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BAH. MassMutual Private Wealth & Trust FSB increased its holdings in 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 valued at $26,000 after purchasing an additional 105 shares during the last quarter. Brooklyn Investment Group boosted its position in shares of Booz Allen Hamilton by 102.8% during the first 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. acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at $33,000. Versant Capital Management Inc grew its stake in shares of Booz Allen Hamilton by 627.3% in the first 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 in the last quarter. Finally, CX Institutional purchased a new stake in shares of Booz Allen Hamilton in the 1st quarter valued at $33,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Up 0.6%

NYSE:BAH traded up $0.69 during trading hours on Tuesday, hitting $110.13. The company's stock had a trading volume of 2,476,916 shares, compared to its average volume of 1,626,198. Booz Allen Hamilton Holding Corporation has a 52-week low of $98.95 and a 52-week 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 stock has a market capitalization of $13.57 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47. The stock has a fifty day moving average of $107.99 and a 200-day moving average of $111.11.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The business had revenue of $2.92 billion during the quarter, compared to analysts' expectations of $2.96 billion. During the same period in the prior year, the firm posted $1.38 EPS. The business'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. On average, equities analysts forecast 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 announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, August 14th will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend 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%.

Analysts Set New Price Targets

BAH has been the subject of several research reports. Barclays dropped their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research report 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. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report 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 price target for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. Finally, Wall Street Zen lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report 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 assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $134.00.

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.