Prudential PLC Acquires Shares of 4,148 Booz Allen Hamilton Holding Corporation $BAH

Prudential PLC acquired a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,148 shares of the business services provider’s stock, valued at approximately $432,000.

A number of other large investors have also recently modified their holdings of the stock. Private Advisor Group LLC raised its stake in Booz Allen Hamilton by 6.9% in the first quarter. Private Advisor Group LLC now owns 4,388 shares of the business services provider’s stock worth $459,000 after buying an additional 285 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new position in shares of Booz Allen Hamilton during the 1st quarter worth approximately $256,000. Cetera Investment Advisers raised its position in shares of Booz Allen Hamilton by 61.4% in the 1st quarter. Cetera Investment Advisers now owns 34,282 shares of the business services provider’s stock worth $3,585,000 after acquiring an additional 13,044 shares in the last quarter. Mediolanum International Funds Ltd lifted its stake in shares of Booz Allen Hamilton by 42.5% in the 1st quarter. Mediolanum International Funds Ltd now owns 39,341 shares of the business services provider’s stock valued at $4,142,000 after purchasing an additional 11,726 shares during the period. Finally, HB Wealth Management LLC boosted its position in shares of Booz Allen Hamilton by 630.6% during the first quarter. HB Wealth Management LLC now owns 18,046 shares of the business services provider’s stock valued at $1,887,000 after purchasing an additional 15,576 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Insider Activity

In other Booz Allen Hamilton news, CEO Horacio Rozanski purchased 23,800 shares of the stock in a transaction dated Thursday, October 30th. The shares were purchased at an average cost of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the acquisition, the chief executive officer directly owned 687,745 shares in the company, valued at $58,224,491.70. This trade represents a 3.58% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.91% of the stock is currently owned by insiders.

Booz Allen Hamilton Stock Up 0.1%

NYSE:BAH opened at $80.87 on Tuesday. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.78 and a current ratio of 1.76. The firm has a market cap of $9.81 billion, a P/E ratio of 12.35, a P/E/G ratio of 1.46 and a beta of 0.39. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $79.23 and a fifty-two week high of $150.53. The firm has a 50-day simple moving average of $93.22 and a two-hundred day simple moving average of $103.36.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, October 24th. The business services provider reported $1.49 EPS for the quarter, meeting analysts’ consensus estimates of $1.49. Booz Allen Hamilton had a net margin of 7.06% and a return on equity of 71.87%. The firm had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the prior year, the company posted $1.81 earnings per share. The business’s revenue for the quarter 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. Analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

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

Analyst Ratings Changes

A number of research firms have issued reports on BAH. Zacks Research downgraded Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. The Goldman Sachs Group decreased their price target on shares of Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a research note on Monday, October 27th. Cowen cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday, October 17th. Stifel Nicolaus set a $106.00 price objective on shares of Booz Allen Hamilton in a report on Friday, October 24th. Finally, UBS Group lowered their target price on shares of Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, October 27th. One 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $110.82.

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.