Northern Trust Corp Increases Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Northern Trust Corp increased its stake in Booz Allen Hamilton by 0.4%, acquiring an additional 3,072 shares, bringing its total holdings to approximately 709,864 shares valued at $74.2 million.
• Booz Allen Hamilton reported an earnings per share (EPS) of $1.48 for the last quarter, exceeding analysts' estimates of $1.45, while its revenue stood at $2.92 billion, falling short of the $2.96 billion forecast.
• The company declared a quarterly dividend of $0.55, which will provide an annual yield of 2.0% for shareholders, with an ex-dividend date set for August 14th.

Northern Trust Corp lifted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 0.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 709,864 shares of the business services provider's stock after acquiring an additional 3,072 shares during the quarter. Northern Trust Corp owned approximately 0.56% of Booz Allen Hamilton worth $74,238,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB grew its stake 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 valued at $26,000 after acquiring an additional 105 shares during the period. Brooklyn Investment Group grew its stake 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 valued at $31,000 after acquiring an additional 149 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $33,000. Versant Capital Management Inc grew its stake 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 valued at $33,000 after acquiring an additional 276 shares during the period. Finally, CX Institutional bought a new position in shares of Booz Allen Hamilton during the 1st quarter valued at approximately $33,000. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Raymond James Financial restated a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. The Goldman Sachs Group downgraded Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their price target for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. Wall Street Zen downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Barclays dropped their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 28th. Finally, Stifel Nicolaus upped their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, July 28th. One 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 given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $134.00.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH traded up $0.67 during midday trading on Friday, reaching $108.89. 798,841 shares of the stock traded hands, compared to its average volume of 1,487,585. 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 stock has a market capitalization of $13.42 billion, a PE ratio of 13.38, a P/E/G ratio of 1.70 and a beta of 0.47. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The company's 50 day moving average is $108.47 and its 200 day moving average is $110.86.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.03. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities research analysts anticipate 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. Investors of record on Thursday, August 14th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.0%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio is presently 27.03%.

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.