Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Intech Investment Management LLC

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 cut its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 5.0% during the first quarter, according to the company in its most recent Form 13F 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 reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its stake in shares of 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. Brooklyn Investment Group boosted its stake in shares of Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock valued at $31,000 after purchasing an additional 149 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $33,000. Versant Capital Management Inc boosted its stake in shares of 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 valued at $33,000 after purchasing an additional 276 shares in the last quarter. Finally, CX Institutional bought a new position in shares of Booz Allen Hamilton during the first quarter valued at approximately $33,000. 91.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a research note on Monday, July 28th. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, July 28th. The Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their target price for the company from $108.00 to $94.00 in a research note on Wednesday, May 28th. Finally, Wall Street Zen downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $134.00.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH traded up $0.36 during trading on Tuesday, hitting $101.98. The company had a trading volume of 315,063 shares, compared to its average volume of 2,215,520. The firm has a market capitalization of $12.57 billion, a price-to-earnings ratio of 12.53, a price-to-earnings-growth ratio of 1.64 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $98.95 and a fifty-two week high of $190.59. The stock has a fifty day simple moving average of $108.34 and a two-hundred day simple moving average of $109.99. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66.

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

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were given 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%.

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.