Cetera Investment Advisers Has $2.37 Million Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Cetera Investment Advisers lowered its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 33.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,736 shares of the business services provider’s stock after selling 11,546 shares during the period. Cetera Investment Advisers’ holdings in Booz Allen Hamilton were worth $2,367,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Booz Allen Hamilton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider’s stock valued at $1,367,043,000 after buying an additional 237,720 shares during the period. Geode Capital Management LLC increased its stake in Booz Allen Hamilton by 1.6% in the second quarter. Geode Capital Management LLC now owns 2,417,306 shares of the business services provider’s stock valued at $251,000,000 after acquiring an additional 37,519 shares during the last quarter. AQR Capital Management LLC raised its position in Booz Allen Hamilton by 288.4% during the first quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock valued at $168,491,000 after purchasing an additional 1,204,446 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Booz Allen Hamilton by 187.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock worth $168,136,000 after purchasing an additional 1,021,809 shares during the last quarter. Finally, 1832 Asset Management L.P. boosted its holdings in shares of Booz Allen Hamilton by 78.7% in the 1st quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock valued at $153,370,000 after purchasing an additional 646,053 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Booz Allen Hamilton

In related news, CEO Horacio Rozanski purchased 23,800 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was bought at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the purchase, the chief executive officer owned 687,745 shares in the company, valued at approximately $58,224,491.70. This represents a 3.58% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.91% of the company’s stock.

Analysts Set New Price Targets

BAH has been the subject of a number of research analyst reports. Zacks Research cut Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a report on Monday, October 27th. Cowen downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective for the company. in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $110.82.

Booz Allen Hamilton Stock Down 0.3%

Shares of NYSE BAH opened at $83.00 on Friday. The company has a 50 day simple moving average of $91.75 and a 200 day simple moving average of $102.51. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.76 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a 1 year low of $79.23 and a 1 year high of $150.00. The firm has a market cap of $10.07 billion, a PE 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 announced its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.49. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The company’s revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.81 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. On average, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

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

Booz Allen Hamilton 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.