American Century Companies Inc. Increases Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• American Century Companies Inc. increased its stake in Booz Allen Hamilton by 48.5% in Q1, acquiring an additional 45,470 shares to hold a total of 139,243 shares valued at $14.56 million.
• Booz Allen Hamilton reported $1.48 earnings per share in its latest quarter, exceeding expectations, but experienced a 0.6% decline in revenue year-over-year.
• The company announced a quarterly dividend of $0.55 per share, equating to an annualized yield of 2.0%. The dividend payout ratio stands at 27.03%.

American Century Companies Inc. raised its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 48.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,243 shares of the business services provider's stock after purchasing an additional 45,470 shares during the quarter. American Century Companies Inc. owned 0.11% of Booz Allen Hamilton worth $14,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janus Henderson Group PLC boosted its position in shares of Booz Allen Hamilton by 179.7% during 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 during the last quarter. Man Group plc boosted its position in 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 purchasing an additional 1,081,239 shares during the period. Bank of America Corp DE grew 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 purchasing an additional 590,655 shares in the last quarter. Pacer Advisors Inc. bought a new stake in Booz Allen Hamilton during the first quarter valued at approximately $59,148,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of 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 buying an additional 520,339 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on BAH shares. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report 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. JPMorgan Chase & Co. increased their target price on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Monday, July 28th. Wells Fargo & Company lowered their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Finally, Barclays lowered 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 report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Booz Allen Hamilton has an average rating of "Hold" and an average target price of $134.00.

Booz Allen Hamilton Stock Performance

BAH traded up $0.43 during midday trading on Friday, hitting $108.65. 381,788 shares of the company traded hands, compared to its average volume of 2,253,432. The company's 50-day moving average is $108.29 and its 200 day moving average is $110.97. 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 firm has a market capitalization of $13.39 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 1.74 and a beta of 0.47. 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 issued its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.03. The company had revenue of $2.92 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the company posted $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, research analysts expect 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 will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio 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.