Gulf International Bank UK Ltd Cuts Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Gulf International Bank UK Ltd reduced its holdings in Booz Allen Hamilton by 32.7%, now owning 6,897 shares worth $721,000.
• A number of analysts have provided mixed ratings for Booz Allen Hamilton, with Goldman Sachs downgrading the stock from "neutral" to "sell," while William Blair upgraded it from "market perform" to "outperform."
• Booz Allen Hamilton recently declared a quarterly dividend of $0.55 per share, representing a 2.0% dividend yield and a dividend payout ratio of 27.03%.

Gulf International Bank UK Ltd lowered its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 32.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,897 shares of the business services provider's stock after selling 3,345 shares during the period. Gulf International Bank UK Ltd's holdings in Booz Allen Hamilton were worth $721,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Janus Henderson Group PLC boosted its stake 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 purchasing an additional 1,135,426 shares during the period. Man Group plc increased its stake in shares of Booz Allen Hamilton by 2,293.2% in the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock worth $145,224,000 after buying an additional 1,081,239 shares during the period. Bank of America Corp DE raised its holdings in Booz Allen Hamilton by 61.4% during the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock valued at $199,770,000 after buying an additional 590,655 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in Booz Allen Hamilton during the 1st quarter valued at $59,148,000. Finally, Allspring Global Investments Holdings LLC grew its holdings 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 acquiring an additional 520,339 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Analyst Ratings Changes

BAH has been the subject of several recent analyst reports. UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the company a "neutral" rating in a research note on Monday, July 28th. The Goldman Sachs Group downgraded 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 report on Wednesday, May 28th. Barclays dropped their price objective on 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. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. Finally, Stifel Nicolaus upped their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Booz Allen Hamilton has an average rating of "Hold" and a consensus price target of $134.00.

Booz Allen Hamilton Stock Down 0.4%

Shares of NYSE BAH traded down $0.4060 on Wednesday, reaching $109.2340. 1,116,593 shares of the company's stock traded hands, compared to its average volume of 2,303,318. The business's 50 day simple moving average is $107.24 and its two-hundred day simple moving average is $111.80. Booz Allen Hamilton Holding Corporation has a 12 month low of $98.95 and a 12 month high of $190.59. The company has a market cap of $13.46 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 1.71 and a beta of 0.47. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66.

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. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the business posted $1.38 EPS. The firm's quarterly revenue 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. As a group, equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, August 14th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th. Booz Allen Hamilton's payout ratio is currently 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.