Gallacher Capital Management LLC Acquires New Shares in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Gallacher Capital Management LLC purchased 3,934 shares of Booz Allen Hamilton, valued at approximately $410,000, in the second quarter.
• Several hedge funds increased their stakes in Booz Allen Hamilton, with Wellington Management Group LLP boosting its position by 603.1%.
• Booz Allen Hamilton reported earnings of $1.48 per share for the quarter, exceeding estimates, despite a 0.6% year-over-year revenue decline.

Gallacher Capital Management LLC purchased a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 3,934 shares of the business services provider's stock, valued at approximately $410,000.

Other large investors have also recently bought and sold shares of the company. Asset Management One Co. Ltd. grew its holdings in Booz Allen Hamilton by 10.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider's stock worth $5,531,000 after acquiring an additional 4,905 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Booz Allen Hamilton during the 4th quarter worth about $11,715,000. Alta Capital Management LLC grew its holdings in Booz Allen Hamilton by 10.2% during the 1st quarter. Alta Capital Management LLC now owns 225,636 shares of the business services provider's stock worth $23,597,000 after acquiring an additional 20,848 shares during the period. GAMMA Investing LLC grew its holdings in Booz Allen Hamilton by 7,839.8% during the 1st quarter. GAMMA Investing LLC now owns 209,055 shares of the business services provider's stock worth $21,863,000 after acquiring an additional 206,422 shares during the period. Finally, Yousif Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 5.5% during the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after purchasing an additional 124 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Up 1.0%

NYSE:BAH traded up $1.01 on Friday, hitting $102.22. The stock had a trading volume of 3,558,164 shares, compared to its average volume of 1,484,786. 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 stock has a market cap of $12.60 billion, a P/E ratio of 12.56, a price-to-earnings-growth ratio of 1.59 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a 1 year low of $98.95 and a 1 year high of $190.59. The firm's fifty day simple moving average is $107.89 and its two-hundred day simple moving average is $109.84.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. The firm had revenue of $2.92 billion during 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 company's revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the business posted $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. The ex-dividend date was Thursday, August 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.2%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 27.03%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BAH. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Wall Street Zen cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. UBS Group set a $119.00 price target on shares of Booz Allen Hamilton and gave the company a "neutral" rating in a research report on Monday, July 28th. Wells Fargo & Company dropped their price target on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Finally, The Goldman Sachs Group cut shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their price target for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average 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.