Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Candriam S.C.A.

Key Points

• Candriam S.C.A. has reduced its stake in Booz Allen Hamilton by 27.0%, lowering its holdings to 7,746 shares valued at $810,000 as of the recent SEC filing.
• Several institutional investors, including Wellington Management Group LLP, have significantly increased their stakes in Booz Allen Hamilton, with Wellington growing its holdings by 603.1% to 1,446,414 shares.
• Booz Allen Hamilton is experiencing mixed analyst ratings, with upgrades from some brokerages and target price adjustments from others, resulting in a current consensus rating of "Hold".

Candriam S.C.A. lowered its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 27.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,746 shares of the business services provider's stock after selling 2,862 shares during the period. Candriam S.C.A.'s holdings in Booz Allen Hamilton were worth $810,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB boosted its position in Booz Allen Hamilton by 74.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock valued at $26,000 after buying an additional 105 shares during the last quarter. Brooklyn Investment Group raised its position in Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock valued at $31,000 after acquiring an additional 149 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Booz Allen Hamilton in the fourth quarter valued at approximately $33,000. Versant Capital Management Inc lifted its holdings in Booz Allen Hamilton by 627.3% in the first quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock valued at $33,000 after acquiring an additional 276 shares during the period. Finally, CX Institutional purchased a new stake in Booz Allen Hamilton in the 1st quarter worth approximately $33,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BAH has been the topic of several recent analyst reports. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their target price for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. Barclays lowered their price target 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. William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. Stifel Nicolaus increased their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, July 28th. Finally, Wall Street Zen downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $134.00.

Booz Allen Hamilton Stock Up 0.3%

Booz Allen Hamilton stock traded up $0.37 during mid-day trading on Friday, hitting $108.59. The company had a trading volume of 418,513 shares, compared to its average volume of 2,253,625. The stock has a market cap of $13.38 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 1.74 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 Holding Corporation has a 1 year low of $98.95 and a 1 year high of $190.59. The business has a fifty day moving average of $108.29 and a 200 day moving average of $110.97.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.03. The firm 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 was down .6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.38 earnings per share. 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 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 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.