Plato Investment Management Ltd Grows Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Plato Investment Management Ltd increased its stake in Booz Allen Hamilton by 62.6% during the 1st quarter, holding nearly 10,000 shares valued at $1,055,000 as of its latest SEC filing.
• Several other institutional investors, including MassMutual and Brooklyn Investment Group, also significantly increased or acquired positions in Booz Allen Hamilton, which now has 91.82% of its stock owned by institutional investors.
• Booz Allen Hamilton's most recent earnings report revealed an EPS of $1.48, slightly beating expectations, but quarterly revenue saw a 0.6% decline year-over-year.

Plato Investment Management Ltd boosted its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 62.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,980 shares of the business services provider's stock after purchasing an additional 3,843 shares during the quarter. Plato Investment Management Ltd's holdings in Booz Allen Hamilton were worth $1,055,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BAH. MassMutual Private Wealth & Trust FSB grew its position 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 worth $26,000 after buying an additional 105 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Booz Allen Hamilton during the 4th quarter worth approximately $33,000. Brooklyn Investment Group increased its position in shares of Booz Allen Hamilton by 102.8% in the 1st 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 during the last quarter. CX Institutional acquired a new stake in shares of Booz Allen Hamilton in the 1st quarter valued at $33,000. Finally, Versant Capital Management Inc lifted its position 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 worth $33,000 after purchasing an additional 276 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on BAH. Barclays dropped their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 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. Stifel Nicolaus raised their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a report on Monday, July 28th. Wall Street Zen cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Stock Down 0.6%

BAH stock opened at $102.53 on Thursday. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 12.60, a price-to-earnings-growth ratio of 1.62 and a beta of 0.45. The company has a fifty day moving average price of $108.68 and a 200 day moving average price of $110.18. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a 12 month low of $98.95 and a 12 month 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 analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $2.96 billion. During the same period in the previous year, the business posted $1.38 earnings per share. Booz Allen Hamilton's quarterly revenue was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Sell-side 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 business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.1%. Booz Allen Hamilton's dividend payout ratio is currently 27.03%.

Booz Allen Hamilton Company 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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