TD Asset Management Inc Increases Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• TD Asset Management Inc increased its stake in Booz Allen Hamilton by 52.7%, now owning 400,517 shares valued at approximately $41.7 million.
• Analysts have mixed opinions on Booz Allen Hamilton, with Zacks Research downgrading the stock to a "strong sell", while other firms reaffirmed their hold or buy ratings.
• Booz Allen Hamilton reported a quarterly EPS of $1.48, exceeding expectations, but its revenue slightly fell compared to the previous year.

TD Asset Management Inc increased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 52.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 400,517 shares of the business services provider's stock after buying an additional 138,289 shares during the period. TD Asset Management Inc owned 0.32% of Booz Allen Hamilton worth $41,706,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in BAH. Yousif Capital Management LLC boosted its holdings in Booz Allen Hamilton by 5.5% during the first quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after buying an additional 124 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Booz Allen Hamilton by 22.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 46,929 shares of the business services provider's stock worth $4,908,000 after buying an additional 8,448 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Booz Allen Hamilton by 1,545.9% during the first quarter. Exchange Traded Concepts LLC now owns 1,613 shares of the business services provider's stock worth $169,000 after buying an additional 1,515 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in Booz Allen Hamilton during the first quarter worth $557,000. Finally, QRG Capital Management Inc. boosted its holdings in Booz Allen Hamilton by 8.8% during the first quarter. QRG Capital Management Inc. now owns 4,259 shares of the business services provider's stock worth $445,000 after buying an additional 343 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BAH has been the topic of several recent analyst reports. Zacks Research downgraded shares of Booz Allen Hamilton from a "hold" rating to a "strong sell" rating in a report on Tuesday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a report on Monday, July 28th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $97.32 on Friday. The firm has a 50-day simple moving average of $104.10 and a 200-day simple moving average of $108.59. The stock has a market capitalization of $11.99 billion, a price-to-earnings ratio of 11.96, a price-to-earnings-growth ratio of 1.52 and a beta of 0.42. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 52 week low of $95.05 and a 52 week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its earnings results 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. 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 company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio is 27.03%.

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.

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