Paralel Advisors LLC Buys New Shares in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Paralel Advisors LLC acquired 25,546 shares of Booz Allen Hamilton valued at approximately $2.66 million in the second quarter.
• Multiple large investors have increased their stakes in the company, with DekaBank Deutsche Girozentrale growing its shares by 20% and Chicago Partners Investment Group raising its stake by 180.1%.
• Analysts have set new price targets for Booz Allen Hamilton, with estimates ranging from $105 to $129.45, reflecting a consensus average rating of "Hold."

Paralel Advisors LLC acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 25,546 shares of the business services provider's stock, valued at approximately $2,660,000.

A number of other large investors also recently modified their holdings of the company. DekaBank Deutsche Girozentrale grew its stake in Booz Allen Hamilton by 20.0% during the second quarter. DekaBank Deutsche Girozentrale now owns 162,666 shares of the business services provider's stock worth $16,742,000 after buying an additional 27,057 shares during the period. Chicago Partners Investment Group LLC raised its stake in shares of Booz Allen Hamilton by 180.1% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 4,692 shares of the business services provider's stock valued at $489,000 after acquiring an additional 3,017 shares during the period. S Bank Fund Management Ltd acquired a new position in shares of Booz Allen Hamilton during the 2nd quarter valued at $87,000. WCM Investment Management LLC lifted its holdings in shares of Booz Allen Hamilton by 0.7% during the 2nd quarter. WCM Investment Management LLC now owns 24,365 shares of the business services provider's stock valued at $2,506,000 after acquiring an additional 170 shares in the last quarter. Finally, Alta Capital Management LLC boosted its position in Booz Allen Hamilton by 6.4% during the 2nd quarter. Alta Capital Management LLC now owns 240,183 shares of the business services provider's stock worth $25,010,000 after purchasing an additional 14,547 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on BAH. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, July 28th. Weiss Ratings reissued a "hold (c)" rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a "neutral" rating in a research report on Monday, July 28th. TD Cowen reissued a "hold" rating and issued a $105.00 price target (down previously from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $129.45.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $98.73 on Thursday. Booz Allen Hamilton Holding Corporation has a one year low of $95.00 and a one year high of $190.59. 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 cap of $12.17 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 1.59 and a beta of 0.42. The company has a 50-day moving average of $103.26 and a two-hundred day moving average of $108.30.

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 EPS for the quarter, topping the consensus estimate of $1.45 by $0.03. The business had revenue of $2.92 billion during the quarter, compared to analysts' expectations of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm's quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the company posted $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities 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 company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders 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 dividend yield of 2.2%. Booz Allen Hamilton's payout ratio is currently 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.

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