Concurrent Investment Advisors LLC Makes New Investment in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Concurrent Investment Advisors LLC has acquired a new stake in Booz Allen Hamilton, purchasing 4,467 shares valued at approximately $465,000.
• Booz Allen Hamilton reported $1.48 earnings per share for the last quarter, exceeding expectations, although revenue fell slightly short at $2.92 billion.
• The company announced a quarterly dividend of $0.55 per share, representing a yield of 2.2%, with a payout ratio of 27.03%.

Concurrent Investment Advisors LLC bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,467 shares of the business services provider's stock, valued at approximately $465,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brooklyn Investment Group boosted its position in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock valued at $31,000 after purchasing an additional 149 shares during the period. WPG Advisers LLC acquired a new stake in Booz Allen Hamilton in the first quarter worth $35,000. Ransom Advisory Ltd bought a new stake in Booz Allen Hamilton in the first quarter valued at $35,000. Banque Cantonale Vaudoise acquired a new position in shares of Booz Allen Hamilton during the first quarter valued at $37,000. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Booz Allen Hamilton during the second quarter worth about $39,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Up 0.8%

Shares of BAH stock opened at $98.09 on Friday. The stock has a 50-day simple moving average of $103.85 and a 200 day simple moving average of $108.50. The stock has a market capitalization of $12.09 billion, a P/E ratio of 12.05, a P/E/G ratio of 1.55 and a beta of 0.42. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $95.00 and a fifty-two week high of $190.59. 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 (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.03. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton's payout ratio is 27.03%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective 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. Cowen lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Friday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Stifel Nicolaus boosted their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, July 28th. Finally, William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, Booz Allen Hamilton presently has an average rating of "Hold" and a consensus price target of $129.45.

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.

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