National Pension Service Sells 182,108 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• The National Pension Service has dramatically reduced its stake in Booz Allen Hamilton by 92.7%, now holding only 14,350 shares valued at approximately $1.5 million.
• Booz Allen Hamilton reported earnings of $1.48 per share for its last quarter, surpassing estimates, but its revenue was slightly below expectations at $2.92 billion.
• The company declared a quarterly dividend of $0.55 per share, with a 2.0% yield, set to be paid on August 29th to stockholders recorded by August 14th.

National Pension Service lessened its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 92.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 14,350 shares of the business services provider's stock after selling 182,108 shares during the period. National Pension Service's holdings in Booz Allen Hamilton were worth $1,501,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BAH. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Booz Allen Hamilton by 74.5% during the first 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 during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Booz Allen Hamilton in the 4th quarter worth about $33,000. Ancora Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $34,000. True Wealth Design LLC boosted its position in Booz Allen Hamilton by 2,316.7% during the fourth quarter. True Wealth Design LLC now owns 290 shares of the business services provider's stock valued at $37,000 after purchasing an additional 278 shares during the last quarter. Finally, CX Institutional purchased a new position in Booz Allen Hamilton in the first quarter valued at about $33,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded down $0.4060 during mid-day trading on Wednesday, reaching $109.2340. The stock had a trading volume of 1,116,593 shares, compared to its average volume of 2,303,318. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The firm has a market cap of $13.46 billion, a PE ratio of 13.42, a P/E/G ratio of 1.71 and a beta of 0.47. The firm's 50 day simple moving average is $107.24 and its 200 day simple moving average is $111.80. 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 released its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $2.96 billion. During the same period last year, the firm earned $1.38 EPS. The firm'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. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on BAH shares. JPMorgan Chase & Co. lifted their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Monday, July 28th. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a "neutral" rating in a research report on Monday, July 28th. Barclays reduced their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 28th. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Finally, Wells Fargo & Company cut their target price on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $134.00.

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.