Continuum Advisory LLC Sells 42,772 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Continuum Advisory LLC cut its Booz Allen Hamilton stake by 96.6% in the second quarter, selling 42,772 shares and retaining 1,484 shares valued at approximately $90,000.
• Booz Allen Hamilton reported quarterly EPS of $1.81, above the $1.49 consensus estimate, but revenue fell 4.2% year over year to $1.97 billion. The company maintained fiscal 2027 EPS guidance of $6.00–$6.35.
• Analyst sentiment remains cautious, with a consensus “Reduce” rating and an average price target of $83.69. The company also declared a quarterly dividend of $0.59 per share, implying a 3.2% annualized yield.

Continuum Advisory LLC lowered its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 96.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,484 shares of the business services provider's stock after selling 42,772 shares during the period. Continuum Advisory LLC's holdings in Booz Allen Hamilton were worth $90,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Rakuten Securities Inc. boosted its holdings in shares of Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider's stock worth $26,000 after buying an additional 199 shares in the last quarter. PenderFund Capital Management Ltd. acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $30,000. Fulcrum Asset Management LLP bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at $32,000. Versant Capital Management Inc lifted its position in shares of Booz Allen Hamilton by 1,122.9% during the 2nd quarter. Versant Capital Management Inc now owns 587 shares of the business services provider's stock valued at $36,000 after acquiring an additional 539 shares during the period. Finally, Transamerica Financial Advisors LLC acquired a new position in shares of Booz Allen Hamilton during the 2nd quarter valued at $41,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Price Performance

BAH stock opened at $72.94 on Tuesday. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.59 and a current ratio of 1.60. The business has a 50-day simple moving average of $70.52 and a two-hundred day simple moving average of $74.82. The company has a market capitalization of $8.77 billion, a P/E ratio of 11.47, a price-to-earnings-growth ratio of 3.76 and a beta of 0.36. Booz Allen Hamilton Holding Corporation has a 52-week low of $59.50 and a 52-week high of $109.10.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping the consensus estimate of $1.49 by $0.32. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.81 billion. During the same period in the prior year, the business posted $1.48 earnings per share. The company's quarterly revenue was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.33 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 37.11%.

Analyst Ratings Changes

A number of research firms have recently issued reports on BAH. Cantor Fitzgerald cut their price objective on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an "overweight" rating on the stock in a research report on Thursday, July 23rd. Bank of America reduced their price objective on Booz Allen Hamilton from $90.00 to $75.00 and set an "underperform" rating for the company in a research note on Monday, July 20th. The Goldman Sachs Group lowered their target price on Booz Allen Hamilton from $74.00 to $65.00 and set a "sell" rating on the stock in a research report on Tuesday, July 14th. Citigroup cut their target price on Booz Allen Hamilton from $88.00 to $69.00 and set a "neutral" rating on the stock in a report on Wednesday, July 1st. Finally, Truist Financial decreased their price target on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a "hold" rating for the company in a research note on Friday, July 10th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average price target of $83.69.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.

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