Geneos Wealth Management Inc. Boosts Stake in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Geneos Wealth Management Inc. increased its stake in Booz Allen Hamilton by 44.0% during the first quarter, holding 9,809 shares valued at approximately $1,026,000.
• Analyst ratings for Booz Allen Hamilton show mixed opinions, with one upgrade to "outperform" by William Blair, while others maintain a "hold" rating, leading to an average target price of $134.00.
• The company recently announced a quarterly dividend of $0.55 per share, reflecting a dividend yield of 2.1%, with a payout ratio of 27.03%.

Geneos Wealth Management Inc. boosted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 44.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,809 shares of the business services provider's stock after purchasing an additional 2,995 shares during the period. Geneos Wealth Management Inc.'s holdings in Booz Allen Hamilton were worth $1,026,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BAH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Booz Allen Hamilton by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,297 shares of the business services provider's stock valued at $2,741,000 after purchasing an additional 775 shares during the period. OMERS ADMINISTRATION Corp increased its holdings in Booz Allen Hamilton by 19.9% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 5,426 shares of the business services provider's stock valued at $698,000 after purchasing an additional 899 shares during the period. Quantinno Capital Management LP increased its holdings in Booz Allen Hamilton by 117.8% during the 4th quarter. Quantinno Capital Management LP now owns 10,738 shares of the business services provider's stock valued at $1,382,000 after purchasing an additional 5,807 shares during the period. Redwood Investment Management LLC purchased a new position in Booz Allen Hamilton during the 4th quarter valued at about $1,438,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Booz Allen Hamilton during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on BAH shares. William Blair raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. Wells Fargo & Company cut their price objective on 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. Barclays cut their price objective on 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. lifted their price objective on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research report on Monday, July 28th. Finally, Wall Street Zen cut 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 given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and a consensus target price of $134.00.

Booz Allen Hamilton Stock Performance

BAH traded up $1.15 during mid-day trading on Thursday, reaching $102.73. 469,273 shares of the company traded hands, compared to its average volume of 2,209,746. The stock has a market capitalization of $12.66 billion, a P/E ratio of 12.62, a P/E/G ratio of 1.60 and a beta of 0.45. 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's fifty day moving average price is $108.12 and its 200-day moving average price is $109.87. 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 announced its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, sell-side analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. The ex-dividend date was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.1%. Booz Allen Hamilton's payout ratio is currently 27.03%.

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.