Dark Forest Capital Management LP Raises Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Dark Forest Capital Management LP significantly increased its holdings in Booz Allen Hamilton by 318.7% during the first quarter, owning about 63,870 shares valued at $6.68 million.
• Wellington Management Group LLP and other institutional investors also raised their positions in Booz Allen Hamilton, reflecting a trend of growing interest in the company among large investors.
• Booz Allen Hamilton recently reported $1.48 EPS for the quarter, exceeding analysts' estimates, and has announced a quarterly dividend of $0.55, indicating stable financial performance.

Dark Forest Capital Management LP boosted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 318.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,870 shares of the business services provider's stock after buying an additional 48,615 shares during the period. Booz Allen Hamilton makes up 0.3% of Dark Forest Capital Management LP's investment portfolio, making the stock its 29th biggest holding. Dark Forest Capital Management LP owned approximately 0.05% of Booz Allen Hamilton worth $6,680,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Personal CFO Solutions LLC grew its stake in Booz Allen Hamilton by 3.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock valued at $286,000 after buying an additional 92 shares in the last quarter. Raiffeisen Bank International AG grew its position in shares of Booz Allen Hamilton by 4.9% during the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider's stock valued at $225,000 after purchasing an additional 100 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Booz Allen Hamilton by 74.5% during 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 in the last quarter. Intrust Bank NA grew its position in shares of Booz Allen Hamilton by 2.6% during the 1st quarter. Intrust Bank NA now owns 4,544 shares of the business services provider's stock valued at $475,000 after purchasing an additional 113 shares in the last quarter. Finally, Yousif Capital Management LLC grew its position in shares of Booz Allen Hamilton by 5.5% during the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock valued at $250,000 after purchasing an additional 124 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BAH. JPMorgan Chase & Co. boosted their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research report on Monday, July 28th. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and reduced their price target for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. Barclays reduced their price target on shares of 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. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. Finally, UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the stock a "neutral" rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Trading Down 0.6%

Booz Allen Hamilton stock traded down $0.64 during mid-day trading on Friday, hitting $102.56. The company's stock had a trading volume of 2,394,776 shares, compared to its average volume of 1,362,121. 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 stock has a market cap of $12.64 billion, a price-to-earnings ratio of 12.60, a price-to-earnings-growth ratio of 1.62 and a beta of 0.45. The business has a 50 day moving average price of $108.93 and a 200-day moving average price of $110.43. Booz Allen Hamilton Holding Corporation has a 12 month low of $98.95 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

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

Booz Allen Hamilton Company 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.