FORA Capital LLC Takes $3.93 Million Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• FORA Capital LLC has acquired a new stake in Booz Allen Hamilton Holding Corporation, purchasing 37,585 shares valued at approximately $3.93 million during the 1st quarter.
• Analysts have issued varying ratings for Booz Allen Hamilton, with a consensus rating of "Hold" and an average price target of $134.00.
• Booz Allen Hamilton announced a quarterly dividend of $0.55 per share, reflecting an annualized dividend of $2.20 and a yield of 2.0%.

FORA Capital LLC acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 37,585 shares of the business services provider's stock, valued at approximately $3,931,000.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised its position in 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 in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Booz Allen Hamilton during the fourth quarter valued at about $33,000. Ancora Advisors LLC purchased a new stake in Booz Allen Hamilton during the fourth quarter valued at about $34,000. True Wealth Design LLC raised 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 in the last quarter. Finally, Brooklyn Investment Group increased its holdings in shares of Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock worth $31,000 after buying an additional 149 shares during the period. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analyst Ratings Changes

BAH has been the topic of several analyst reports. Raymond James Financial reiterated a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Barclays decreased their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 28th. UBS Group set a $119.00 price objective on Booz Allen Hamilton and gave the stock a "neutral" rating in a report on Monday, July 28th. Finally, Wells Fargo & Company decreased their price objective 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 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Up 0.6%

Shares of BAH traded up $0.67 during mid-day trading on Friday, reaching $108.89. The company had a trading volume of 798,841 shares, compared to its average volume of 1,487,585. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The firm has a 50-day moving average price of $108.47 and a 200 day moving average price of $110.79. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59. The company has a market capitalization of $13.42 billion, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 1.71 and a beta of 0.47.

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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.03. The business had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The firm's quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, sell-side analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were given a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio is 27.03%.

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.