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Forte Capital LLC ADV Has $4.26 Million Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Booz Allen Hamilton logo with Business Services background

Key Points

  • Forte Capital LLC ADV increased its stake in Booz Allen Hamilton by 15.4% during Q2, bringing its total holdings to 40,921 shares valued at approximately $4.26 million.
  • A variety of hedge funds are actively adjusting their positions in Booz Allen Hamilton, with notable increases from Vanguard Group Inc. (1.9% rise) and AQR Capital Management LLC (288.4% rise) among others.
  • Booz Allen Hamilton recently exceeded analysts' EPS expectations, reporting $1.48 for the quarter but had a slight revenue decline of 0.6% year-over-year, with future guidance suggesting an EPS range of 6.200-6.550.
  • MarketBeat previews the top five stocks to own by October 1st.

Forte Capital LLC ADV increased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 15.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,921 shares of the business services provider's stock after buying an additional 5,460 shares during the quarter. Forte Capital LLC ADV's holdings in Booz Allen Hamilton were worth $4,261,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BAH. Vanguard Group Inc. raised its position in shares of Booz Allen Hamilton by 1.9% during the first quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider's stock worth $1,367,043,000 after purchasing an additional 237,720 shares during the period. Bessemer Group Inc. boosted its stake in Booz Allen Hamilton by 15.3% during the 1st quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider's stock valued at $178,853,000 after purchasing an additional 226,761 shares during the last quarter. AQR Capital Management LLC increased its holdings in Booz Allen Hamilton by 288.4% during the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider's stock worth $168,491,000 after purchasing an additional 1,204,446 shares in the last quarter. 1832 Asset Management L.P. raised its stake in shares of Booz Allen Hamilton by 78.7% in the first quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider's stock worth $153,370,000 after purchasing an additional 646,053 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Booz Allen Hamilton by 603.1% in the first quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider's stock valued at $151,266,000 after purchasing an additional 1,240,689 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on BAH shares. Stifel Nicolaus increased their price target 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. William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the stock a "neutral" rating in a research report on Monday, July 28th. JPMorgan Chase & Co. raised their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research note on Monday, July 28th. Finally, The Goldman Sachs Group cut shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their price target for the stock from $108.00 to $94.00 in a report on Wednesday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $134.00.

View Our Latest Stock Report on BAH

Booz Allen Hamilton Trading Down 2.3%

Booz Allen Hamilton stock opened at $99.82 on Tuesday. Booz Allen Hamilton Holding Corporation has a one year low of $98.75 and a one year high of $190.59. The business's fifty day moving average is $107.74 and its 200 day moving average is $109.73. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market capitalization of $12.30 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 1.60 and a beta of 0.45.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, July 25th. The business services provider reported $1.48 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 net margin of 8.70% and a return on equity of 73.05%. The firm's revenue was down .6% on a year-over-year basis. During the same quarter in the previous 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 predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were issued a dividend of $0.55 per share. The ex-dividend date was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.2%. Booz Allen Hamilton's payout ratio is presently 27.03%.

Booz Allen Hamilton Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report).

Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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