State of New Jersey Common Pension Fund D Sells 3,815 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• The State of New Jersey Common Pension Fund D reduced its stake in Booz Allen Hamilton by 8.1%, ending the first quarter with 43,267 shares valued at $4,525,000.
• American Century Companies Inc. significantly increased its position in Booz Allen Hamilton by 48.5%, now owning 139,243 shares worth $14,562,000.
• Booz Allen Hamilton reported $1.48 EPS for the last quarter, exceeding expectations, while its revenue was slightly below analyst forecasts, leading to a 0.6% year-over-year decline.

State of New Jersey Common Pension Fund D lessened its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 8.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,267 shares of the business services provider's stock after selling 3,815 shares during the period. State of New Jersey Common Pension Fund D's holdings in Booz Allen Hamilton were worth $4,525,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of BAH. Janus Henderson Group PLC lifted its stake in Booz Allen Hamilton by 179.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after buying an additional 1,135,426 shares in the last quarter. Man Group plc increased its position in shares of Booz Allen Hamilton by 2,293.2% during the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock worth $145,224,000 after acquiring an additional 1,081,239 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Booz Allen Hamilton by 61.4% during the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock worth $199,770,000 after acquiring an additional 590,655 shares during the period. Pacer Advisors Inc. bought a new stake in Booz Allen Hamilton in the 1st quarter valued at $59,148,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in Booz Allen Hamilton by 2,108.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 545,017 shares of the business services provider's stock worth $58,513,000 after purchasing an additional 520,339 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

NYSE BAH traded down $0.4910 on Monday, hitting $109.4390. 926,349 shares of the stock were exchanged, compared to its average volume of 1,770,197. The company has a market capitalization of $13.49 billion, a PE ratio of 13.44, a P/E/G ratio of 1.72 and a beta of 0.47. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. The business's fifty day moving average is $107.83 and its 200 day moving average is $111.11. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59.

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 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 for the quarter, compared to analyst estimates of $2.96 billion. During the same period in the previous year, the business earned $1.38 EPS. Booz Allen Hamilton's revenue for the quarter 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 anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm 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 $0.55 dividend. The ex-dividend date is Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio is currently 27.03%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. The Goldman Sachs Group downgraded Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their price target for the company from $108.00 to $94.00 in a research note on Wednesday, May 28th. William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Raymond James Financial restated a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. 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. Finally, Stifel Nicolaus lifted their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target 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.