HighTower Advisors LLC Has $2.91 Million Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• HighTower Advisors LLC decreased its stake in Booz Allen Hamilton by 51.8%, selling 29,923 shares and now holding 27,850 shares valued at approximately $2.91 million.
• Booz Allen Hamilton reported $1.48 earnings per share for the latest quarter, surpassing consensus estimates, although revenue fell by 0.6% year-over-year.
• The company declared a quarterly dividend of $0.55 per share, with a yield of 2.0%, to be paid on August 29th to shareholders of record.

HighTower Advisors LLC decreased its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 51.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,850 shares of the business services provider's stock after selling 29,923 shares during the quarter. HighTower Advisors LLC's holdings in Booz Allen Hamilton were worth $2,913,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of BAH. MassMutual Private Wealth & Trust FSB increased its stake in Booz Allen Hamilton by 74.5% during the 1st 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 worth $33,000. Versant Capital Management Inc boosted its holdings in Booz Allen Hamilton by 627.3% during the first quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock worth $33,000 after buying an additional 276 shares in the last quarter. CX Institutional purchased a new position in Booz Allen Hamilton during the first quarter valued at $33,000. Finally, Ancora Advisors LLC purchased a new position in Booz Allen Hamilton during the fourth quarter valued at $34,000. Institutional investors own 91.82% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on BAH. 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. Stifel Nicolaus lifted their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research note 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. Raymond James Financial reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. Finally, Barclays cut their target price on shares of 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. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded up $0.69 on Tuesday, hitting $110.13. 2,476,916 shares of the stock traded hands, compared to its average volume of 2,279,332. 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 company has a market capitalization of $13.57 billion, a PE ratio of 13.53, a PEG ratio of 1.72 and a beta of 0.47. Booz Allen Hamilton Holding Corporation has a 1-year low of $98.95 and a 1-year high of $190.59. The company's fifty day moving average is $107.83 and its 200 day moving average is $111.11.

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 for the quarter, topping the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. During the same period last year, the company earned $1.38 earnings per share. The firm's revenue for the quarter was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, August 14th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is 27.03%.

About Booz Allen Hamilton

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.