Invesco Ltd. Sells 59,562 Shares of Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Invesco Ltd. has reduced its stake in Booz Allen Hamilton by 7.4%, now holding approximately 0.58% of the company valued at $77.45 million after selling 59,562 shares.
• The company reported earnings of $1.48 per share for the latest quarter, exceeding analysts' estimates, although its revenue of $2.92 billion fell short of expectations.
• Booz Allen Hamilton will distribute a quarterly dividend of $0.55 to shareholders, reflecting a yield of 2.0% and a payout ratio of 27.03%.

Invesco Ltd. lowered its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 7.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 740,625 shares of the business services provider's stock after selling 59,562 shares during the period. Invesco Ltd. owned 0.58% of Booz Allen Hamilton worth $77,455,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Covestor Ltd boosted its stake in shares of Booz Allen Hamilton by 74.0% in the first quarter. Covestor Ltd now owns 983 shares of the business services provider's stock valued at $103,000 after buying an additional 418 shares during the period. Cynosure Group LLC boosted its stake in shares of Booz Allen Hamilton by 33.8% in the first quarter. Cynosure Group LLC now owns 2,977 shares of the business services provider's stock valued at $311,000 after buying an additional 752 shares during the period. Zions Bancorporation National Association UT bought a new stake in shares of Booz Allen Hamilton in the first quarter valued at approximately $1,059,000. Morton Community Bank boosted its stake in shares of Booz Allen Hamilton by 0.7% in the first quarter. Morton Community Bank now owns 30,625 shares of the business services provider's stock valued at $3,203,000 after buying an additional 215 shares during the period. Finally, Forsta AP Fonden boosted its stake in shares of Booz Allen Hamilton by 16.9% in the first quarter. Forsta AP Fonden now owns 32,500 shares of the business services provider's stock valued at $3,399,000 after buying an additional 4,700 shares during the period. Institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. JPMorgan Chase & Co. boosted 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 report on Monday, July 28th. Raymond James Financial restated a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Barclays lowered their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 28th. Finally, Stifel Nicolaus boosted their price objective 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. One research 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 an average rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Down 0.5%

NYSE:BAH traded down $0.5470 on Wednesday, hitting $109.0930. The stock had a trading volume of 546,993 shares, compared to its average volume of 2,299,377. 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 $13.45 billion, a P/E ratio of 13.40, a price-to-earnings-growth ratio of 1.71 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 firm's fifty day simple moving average is $107.24 and its two-hundred day simple moving average is $111.80.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same quarter last year, the business posted $1.38 EPS. Booz Allen Hamilton's quarterly revenue was down .6% compared to the same quarter last year. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) 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.