Strs Ohio Acquires New Shares in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Strs Ohio acquired a new position in Booz Allen Hamilton Holding Corporation, purchasing 122,500 shares valued at approximately $12.81 million.
• Institutional investors now own 91.82% of Booz Allen Hamilton's stock, with several firms boosting their holdings significantly in the first quarter.
• Booz Allen Hamilton reported $1.48 EPS for the last quarter, surpassing expectations, although its year-over-year revenue declined by 0.6%.

Strs Ohio bought a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 122,500 shares of the business services provider's stock, valued at approximately $12,811,000. Strs Ohio owned approximately 0.10% of Booz Allen Hamilton as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Asset Management One Co. Ltd. boosted its position in shares of Booz Allen Hamilton by 10.2% in the 1st quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider's stock valued at $5,531,000 after purchasing an additional 4,905 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at $11,715,000. Alta Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 10.2% in the 1st quarter. Alta Capital Management LLC now owns 225,636 shares of the business services provider's stock valued at $23,597,000 after purchasing an additional 20,848 shares during the period. GAMMA Investing LLC boosted its position in shares of Booz Allen Hamilton by 7,839.8% in the 1st quarter. GAMMA Investing LLC now owns 209,055 shares of the business services provider's stock valued at $21,863,000 after purchasing an additional 206,422 shares during the period. Finally, Yousif Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 5.5% in the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock valued at $250,000 after purchasing an additional 124 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of BAH traded down $0.32 on Thursday, reaching $101.26. 1,691,763 shares of the stock traded hands, compared to its average volume of 1,448,386. The firm has a market cap of $12.48 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.59 and a beta of 0.45. 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. The stock's 50-day moving average price is $107.99 and its 200-day moving average price is $109.87.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.Booz Allen Hamilton's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. Equities analysts forecast 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 declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio is 27.03%.

Analyst Ratings Changes

A number of equities research analysts have commented on BAH shares. Wall Street Zen lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Barclays decreased their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 28th. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, July 28th. Raymond James Financial reiterated a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. Finally, JPMorgan Chase & Co. lifted 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. One investment 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 assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $134.00.

About Booz Allen Hamilton

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.