Advisors Asset Management Inc. Trims Stock Holdings in Booz Allen Hamilton Holding Corporation $BAH

Advisors Asset Management Inc. lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 8.7% during the second quarter, Holdings Channel reports. The fund owned 25,621 shares of the business services provider’s stock after selling 2,431 shares during the quarter. Advisors Asset Management Inc.’s holdings in Booz Allen Hamilton were worth $2,668,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Roundview Capital LLC boosted its stake in shares of Booz Allen Hamilton by 0.3% during the 2nd quarter. Roundview Capital LLC now owns 37,258 shares of the business services provider’s stock worth $3,880,000 after purchasing an additional 99 shares during the last quarter. Raiffeisen Bank International AG lifted its stake in shares of Booz Allen Hamilton by 4.9% during the first quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider’s stock valued at $225,000 after buying an additional 100 shares during the period. Creative Financial Designs Inc. ADV lifted its stake in shares of Booz Allen Hamilton by 26.7% during the second quarter. Creative Financial Designs Inc. ADV now owns 493 shares of the business services provider’s stock valued at $51,000 after buying an additional 104 shares during the period. Intrust Bank NA boosted its position in Booz Allen Hamilton by 2.6% during the first quarter. Intrust Bank NA now owns 4,544 shares of the business services provider’s stock worth $475,000 after acquiring an additional 113 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in Booz Allen Hamilton by 1.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,483 shares of the business services provider’s stock worth $675,000 after acquiring an additional 121 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.3%

Shares of BAH stock opened at $83.00 on Friday. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $79.23 and a fifty-two week high of $150.00. The firm’s 50 day moving average price is $91.75 and its two-hundred day moving average price is $102.51. The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting the consensus estimate of $1.49. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the previous year, the business posted $1.81 EPS. The business’s quarterly revenue was down 8.1% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be given a $0.55 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio is presently 33.59%.

Insider Activity

In related news, CEO Horacio Rozanski bought 23,800 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The shares were acquired at an average cost of $84.66 per share, for a total transaction of $2,014,908.00. Following the acquisition, the chief executive officer owned 687,745 shares in the company, valued at $58,224,491.70. This represents a 3.58% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.91% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Zacks Research lowered Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. UBS Group reduced their target price on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Truist Financial set a $90.00 price target on Booz Allen Hamilton in a report on Friday, October 24th. The Goldman Sachs Group cut their price objective on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating on the stock in a report on Monday, October 27th. Finally, TD Cowen restated a “hold” rating and issued a $105.00 target price (down from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and an average target price of $110.82.

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.