Booz Allen Hamilton Holding Corporation $BAH Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC lessened its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 30.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,834 shares of the business services provider’s stock after selling 25,668 shares during the period. DAVENPORT & Co LLC’s holdings in Booz Allen Hamilton were worth $4,895,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mediolanum International Funds Ltd raised its stake in Booz Allen Hamilton by 28.6% during the 3rd quarter. Mediolanum International Funds Ltd now owns 73,404 shares of the business services provider’s stock valued at $7,259,000 after acquiring an additional 16,304 shares in the last quarter. Primecap Management Co. CA grew its stake in shares of Booz Allen Hamilton by 56.6% in the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock worth $198,285,000 after purchasing an additional 716,780 shares in the last quarter. Sage Rhino Capital LLC bought a new position in shares of Booz Allen Hamilton in the third quarter worth $997,000. Citigroup Inc. increased its holdings in shares of Booz Allen Hamilton by 413.4% during the third quarter. Citigroup Inc. now owns 389,301 shares of the business services provider’s stock valued at $38,911,000 after purchasing an additional 313,472 shares during the period. Finally, Midwest Trust Co increased its holdings in shares of Booz Allen Hamilton by 13.4% during the third quarter. Midwest Trust Co now owns 119,587 shares of the business services provider’s stock valued at $11,953,000 after purchasing an additional 14,134 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $80.38 on Friday. The stock’s fifty day simple moving average is $83.07 and its 200 day simple moving average is $88.75. The stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 4.70 and a beta of 0.37. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 52-week low of $73.93 and a 52-week high of $130.91.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 23rd. The business services provider reported $1.77 EPS for the quarter, beating the consensus estimate of $1.26 by $0.51. The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.Booz Allen Hamilton’s revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. As a group, sell-side analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.59 dividend. The ex-dividend date was Friday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a dividend yield of 2.9%. Booz Allen Hamilton’s dividend payout ratio is 35.07%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BAH shares. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. Citigroup boosted their price target on shares of Booz Allen Hamilton from $93.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Stifel Nicolaus upped their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Finally, Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a report on Friday, January 23rd. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Booz Allen Hamilton has an average rating of “Reduce” and an average price target of $101.25.

Booz Allen Hamilton 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.