Congress Asset Management Co. Reduces Holdings in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Congress Asset Management Co. has reduced its holdings in Booz Allen Hamilton by 11.6%, now owning 658,811 shares valued at approximately $68.6 million after selling 86,352 shares in the second quarter.
• Despite this reduction, other large investors have increased their positions, with MassMutual Private Wealth & Trust boosting their stake by 74.5% and Brooklyn Investment Group by 102.8% in the first quarter.
• Booz Allen Hamilton reported earnings of $1.48 per share, exceeding analysts' expectations, and set its FY 2026 guidance at between $6.200 to $6.550 EPS.

Congress Asset Management Co. reduced its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 11.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 658,811 shares of the business services provider's stock after selling 86,352 shares during the period. Congress Asset Management Co. owned 0.53% of Booz Allen Hamilton worth $68,602,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of 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 acquiring an additional 105 shares during the period. Brooklyn Investment Group increased its holdings in shares of Booz Allen Hamilton by 102.8% in the 1st 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 during the period. Versant Capital Management Inc raised its position in Booz Allen Hamilton by 627.3% in the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock valued at $33,000 after purchasing an additional 276 shares during the last quarter. CX Institutional acquired a new stake in Booz Allen Hamilton during the 1st quarter worth $33,000. Finally, NBC Securities Inc. purchased a new position in Booz Allen Hamilton during the 1st quarter worth $35,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $97.48 on Friday. Booz Allen Hamilton Holding Corporation has a 52 week low of $96.96 and a 52 week high of $190.59. The company has a 50-day moving average price of $107.26 and a 200 day moving average price of $109.48. The company has a market cap of $12.01 billion, a P/E ratio of 11.97, a PEG ratio of 1.56 and a beta of 0.45. 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 issued its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The company's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton's payout ratio is presently 27.03%.

Wall Street Analysts Forecast Growth

BAH has been the topic of a number of recent research 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. JPMorgan Chase & Co. boosted their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research report on Monday, July 28th. Stifel Nicolaus upped their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, July 28th. Finally, William Blair raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. One research 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. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $134.00.

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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