Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys New Position in Booz Allen Hamilton Holding Corporation $BAH

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 30,355 shares of the business services provider’s stock, valued at approximately $2,561,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Johnson Financial Group Inc. grew its stake in Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 124 shares in the last quarter. Ipsen Advisor Group LLC grew its stake in Booz Allen Hamilton by 3.4% in the third quarter. Ipsen Advisor Group LLC now owns 4,244 shares of the business services provider’s stock valued at $424,000 after purchasing an additional 138 shares in the last quarter. Colonial Trust Co SC grew its stake in Booz Allen Hamilton by 6.1% in the third quarter. Colonial Trust Co SC now owns 2,669 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 154 shares in the last quarter. CI Investments Inc. grew its stake in Booz Allen Hamilton by 4.0% in the third quarter. CI Investments Inc. now owns 4,587 shares of the business services provider’s stock valued at $458,000 after purchasing an additional 175 shares in the last quarter. Finally, Activest Wealth Management grew its stake in Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on BAH. Wells Fargo & Company began coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price target for the company. Jefferies Financial Group set a $85.00 price target on Booz Allen Hamilton in a research note on Monday, May 11th. Weiss Ratings downgraded Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. BNP Paribas Exane began coverage on Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price target for the company. Finally, Truist Financial decreased their price target on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Booz Allen Hamilton currently has an average rating of “Reduce” and an average price target of $88.00.

Booz Allen Hamilton Stock Performance

BAH opened at $79.48 on Friday. The business has a fifty day simple moving average of $78.89 and a 200 day simple moving average of $82.87. The company has a market capitalization of $9.52 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 4.55 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 1 year low of $68.83 and a 1 year high of $120.04. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.46. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The firm’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.26 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $2.36 annualized dividend and a yield of 3.0%. Booz Allen Hamilton’s payout ratio is currently 34.25%.

Booz Allen Hamilton Company Profile

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.