Public Employees Retirement System of Ohio Buys New Shares in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Ohio’s public employees’ retirement system bought 34,101 Booz Allen Hamilton shares worth approximately $2.07 million in the second quarter. Institutional investors and hedge funds collectively own 91.82% of the company.
• Booz Allen reported quarterly EPS of $1.81, beating analyst estimates of $1.49, but revenue fell 4.2% year over year to $1.97 billion. The company maintained fiscal 2027 EPS guidance of $6.00–$6.35.
• Booz Allen pays a quarterly dividend of $0.59 per share, equivalent to a 3.2% annualized yield. Analysts remain cautious, with an average “Reduce” rating and an average price target of $83.69 versus the stock’s $72.94 price.

Public Employees Retirement System of Ohio bought a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 34,101 shares of the business services provider's stock, valued at approximately $2,069,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Manning & Napier Advisors LLC purchased a new stake in Booz Allen Hamilton during the 2nd quarter valued at about $222,000. Foster & Motley Inc. purchased a new position in shares of Booz Allen Hamilton in the second quarter worth about $216,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Booz Allen Hamilton in the second quarter worth about $51,325,000. S&CO Inc. acquired a new stake in shares of Booz Allen Hamilton during the second quarter worth about $343,000. Finally, A&I Financial Services LLC boosted its position in Booz Allen Hamilton by 23.8% in the second quarter. A&I Financial Services LLC now owns 9,351 shares of the business services provider's stock valued at $567,000 after buying an additional 1,796 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Trading Up 0.2%

Shares of NYSE:BAH opened at $72.94 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26. Booz Allen Hamilton Holding Corporation has a 12-month low of $59.50 and a 12-month high of $109.10. The business has a 50 day moving average of $70.29 and a two-hundred day moving average of $74.84. The company has a market capitalization of $8.77 billion, a PE ratio of 11.47, a PEG ratio of 3.76 and a beta of 0.36.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.32. The business had revenue of $1.97 billion for the quarter, compared to analysts' expectations of $2.81 billion. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The business's revenue was down 4.2% on a year-over-year basis. During the same quarter last year, the company earned $1.48 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.33 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 37.11%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BAH. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an "underweight" rating on the stock in a report on Tuesday, May 26th. Wall Street Zen raised shares of Booz Allen Hamilton from a "hold" rating to a "buy" rating in a report on Saturday. UBS Group increased their price objective on shares of Booz Allen Hamilton from $70.00 to $78.00 and gave the stock a "neutral" rating in a research note on Monday, July 27th. Jefferies Financial Group reissued a "hold" rating and set a $80.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, September 1st. Finally, Cantor Fitzgerald decreased their target price on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an "overweight" rating for the company in a research report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Reduce" and an average target price of $83.69.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.

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