Ieq Capital LLC Raises Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Ieq Capital LLC significantly increased its stake in Booz Allen Hamilton by 288.2%, owning approximately 71,898 shares worth $7.52 million as of the latest filing.
• Booz Allen Hamilton recently reported earnings per share (EPS) of $1.48 for the last quarter, which surpassed estimates, while revenue fell 0.6% year-over-year.
• The company declared a quarterly dividend of $0.55 per share, reflecting an annual yield of 2.0%, with the payment scheduled for August 29th.

Ieq Capital LLC grew its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 288.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,898 shares of the business services provider's stock after acquiring an additional 53,376 shares during the quarter. Ieq Capital LLC owned 0.06% of Booz Allen Hamilton worth $7,519,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in BAH. MassMutual Private Wealth & Trust FSB boosted its holdings in Booz Allen Hamilton by 74.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after acquiring an additional 105 shares in the last quarter. Brooklyn Investment Group boosted its holdings in Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock worth $31,000 after acquiring an additional 149 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Booz Allen Hamilton in the fourth quarter worth $33,000. Versant Capital Management Inc boosted its holdings in 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 worth $33,000 after acquiring an additional 276 shares in the last quarter. Finally, CX Institutional bought a new stake in Booz Allen Hamilton in the first quarter worth $33,000. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock traded up $0.88 during trading hours on Tuesday, reaching $109.60. 525,088 shares of the stock traded hands, compared to its average volume of 2,245,462. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a 50 day moving average price of $108.64 and a 200 day moving average price of $110.68. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 1.71 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59.

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 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were given a $0.55 dividend. The ex-dividend date was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio is presently 27.03%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wells Fargo & Company lowered their price target on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. William Blair raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Stifel Nicolaus upped their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. Barclays lowered their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 28th. Finally, Wall Street Zen downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of "Hold" and an average target price of $134.00.

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.