Booz Allen Hamilton Holding Corporation $BAH Position Increased by Alliancebernstein L.P.

Key Points

• Alliancebernstein L.P. has increased its stake in Booz Allen Hamilton by 36.1% during the first quarter, holding approximately 1.11% of the company worth $147.1 million.
• Several hedge funds have also increased their holdings, with mass increases including a 74.5% rise from MassMutual Private Wealth & Trust FSB.
• Booz Allen Hamilton reported $1.48 EPS, beating estimates, while revenue decreased 0.6% year-over-year, highlighting mixed financial results.

Alliancebernstein L.P. grew its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 36.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,406,873 shares of the business services provider's stock after buying an additional 373,398 shares during the quarter. Alliancebernstein L.P. owned 1.11% of Booz Allen Hamilton worth $147,131,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BAH. Vanguard Group Inc. lifted its holdings in shares of Booz Allen Hamilton by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider's stock valued at $1,367,043,000 after acquiring an additional 237,720 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Booz Allen Hamilton by 179.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after purchasing an additional 1,135,426 shares in the last quarter. Bessemer Group Inc. increased its holdings in Booz Allen Hamilton by 15.3% in the 1st quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider's stock valued at $178,853,000 after purchasing an additional 226,761 shares in the last quarter. AQR Capital Management LLC increased its holdings in Booz Allen Hamilton by 288.4% in the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider's stock valued at $168,491,000 after purchasing an additional 1,204,446 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Booz Allen Hamilton by 61.4% in the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock valued at $199,770,000 after purchasing an additional 590,655 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Wall Street Analyst Weigh In

BAH has been the topic of several recent research reports. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the stock a "neutral" rating in a research report on Monday, July 28th. Stifel Nicolaus upped their target price on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, July 28th. Wall Street Zen downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Barclays decreased their target price on shares of 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. Finally, JPMorgan Chase & Co. upped their target price on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Performance

Shares of BAH traded down $0.72 during mid-day trading on Monday, hitting $101.73. The stock had a trading volume of 2,015,742 shares, compared to its average volume of 1,416,649. The company has a market cap of $12.54 billion, a PE ratio of 12.50, a PEG ratio of 1.61 and a beta of 0.45. The company's fifty day simple moving average is $108.88 and its two-hundred day simple moving average is $110.28. 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 Holding Corporation has a fifty-two week low of $98.95 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its earnings results 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 return on equity of 73.05% and a net margin of 8.70%.The business's revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm earned $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were issued a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.2%. Booz Allen Hamilton's dividend payout ratio (DPR) is 27.03%.

Booz Allen Hamilton 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.