Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lessened its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 53.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,820 shares of the business services provider’s stock after selling 6,568 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Booz Allen Hamilton were worth $606,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group lifted its stake in Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after purchasing an additional 149 shares during the last quarter. WPG Advisers LLC bought a new stake in Booz Allen Hamilton during the first quarter valued at $35,000. Ransom Advisory Ltd acquired a new stake in shares of Booz Allen Hamilton during the first quarter worth $35,000. Banque Cantonale Vaudoise bought a new position in shares of Booz Allen Hamilton in the 1st quarter worth about $37,000. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of Booz Allen Hamilton in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on BAH shares. Zacks Research lowered shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. upped their target price on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an “underweight” rating in a report on Monday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. Cowen lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday. Finally, UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a “neutral” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $129.45.

Booz Allen Hamilton Stock Up 3.1%

Shares of Booz Allen Hamilton stock opened at $101.06 on Tuesday. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a 1-year low of $95.00 and a 1-year high of $190.59. The business’s fifty day moving average price is $103.69 and its two-hundred day moving average price is $108.42. The company has a market capitalization of $12.46 billion, a P/E ratio of 12.42, a PEG ratio of 1.53 and a beta of 0.42.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.96 billion. During the same quarter in the prior year, the business posted $1.38 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, 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 was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.2%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.