Park Avenue Securities LLC Reduces Stake in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Park Avenue Securities LLC has reduced its stake in Booz Allen Hamilton by 31.7%, owning 6,909 shares after selling 3,203 shares, with holdings worth $719,000.
• Booz Allen Hamilton reported an EPS of $1.48 for its last quarter, surpassing expectations, despite a slight revenue decline compared to the previous year.
• The company announced a quarterly dividend of $0.55, reflecting a yield of 2.2% and a payout ratio of 27.03%.

Park Avenue Securities LLC lowered its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 31.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,909 shares of the business services provider's stock after selling 3,203 shares during the period. Park Avenue Securities LLC's holdings in Booz Allen Hamilton were worth $719,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Personal CFO Solutions LLC boosted its position in Booz Allen Hamilton by 3.5% in the first quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock valued at $286,000 after buying an additional 92 shares during the last quarter. Raiffeisen Bank International AG lifted its holdings in Booz Allen Hamilton by 4.9% in the first quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider's stock valued at $225,000 after acquiring an additional 100 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in Booz Allen Hamilton by 74.5% in the first 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. Intrust Bank NA lifted its holdings in Booz Allen Hamilton by 2.6% in the first quarter. Intrust Bank NA now owns 4,544 shares of the business services provider's stock valued at $475,000 after acquiring an additional 113 shares during the period. Finally, Yousif Capital Management LLC lifted its holdings in Booz Allen Hamilton by 5.5% in the first quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock valued at $250,000 after acquiring an additional 124 shares during the period. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Trading Up 1.5%

Shares of BAH stock opened at $98.99 on Friday. 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 company has a market cap of $12.20 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 1.57 and a beta of 0.45. The stock has a 50 day simple moving average of $107.05 and a 200-day simple moving average of $109.39. Booz Allen Hamilton Holding Corporation has a 1-year low of $96.96 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS 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 firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same period in the prior year, the company earned $1.38 EPS. The firm's 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. On average, equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 14th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio is currently 27.03%.

Analyst Upgrades and Downgrades

BAH has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the company a "neutral" rating in a report on Monday, July 28th. JPMorgan Chase & Co. boosted their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Monday, July 28th. Finally, William Blair raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $134.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.