Intech Investment Management LLC Sells 7,125 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Intech Investment Management LLC reduced its stake in Booz Allen Hamilton by 5.0%, now holding 134,773 shares worth approximately $14.1 million.
• Wellington Management Group LLP and AQR Capital Management LLC significantly increased their holdings in Booz Allen Hamilton by over 600% and 288%, respectively, demonstrating strong institutional interest.
• Following a recent downgrade by Wall Street Zen, Booz Allen Hamilton's stock has a consensus rating of "Hold", with an average target price of $134.00.

Intech Investment Management LLC lessened its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 5.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 134,773 shares of the business services provider's stock after selling 7,125 shares during the quarter. Intech Investment Management LLC owned approximately 0.11% of Booz Allen Hamilton worth $14,095,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB grew its position in shares of 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 worth $26,000 after buying an additional 105 shares during the period. Brooklyn Investment Group grew its position in shares of Booz Allen Hamilton by 102.8% during the 1st 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. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $33,000. Versant Capital Management Inc grew its position in shares of Booz Allen Hamilton by 627.3% during the 1st 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 during the period. Finally, CX Institutional acquired a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

BAH has been the subject of several research reports. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research report on Monday, July 28th. Stifel Nicolaus lifted their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, July 28th. Wall Street Zen downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Finally, William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. One investment 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 MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Up 0.8%

NYSE:BAH traded up $0.78 during trading hours on Friday, hitting $104.62. 1,427,384 shares of the company traded hands, compared to its average volume of 1,405,966. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The firm's 50-day simple moving average is $108.53 and its 200-day simple moving average is $110.03. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The company has a market cap of $12.89 billion, a PE ratio of 12.85, a PEG ratio of 1.63 and a beta of 0.45.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, beating 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 business had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.96 billion. During the same period last year, the business earned $1.38 EPS. The business's revenue was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced 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. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton's payout ratio is presently 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.