Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAHFree Report) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 265,817 shares of the business services provider’s stock after selling 6,554 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.22% of Booz Allen Hamilton worth $26,568,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Booz Allen Hamilton by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 13,137,237 shares of the business services provider’s stock worth $1,367,980,000 after purchasing an additional 65,496 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Booz Allen Hamilton by 58.2% in the second quarter. AQR Capital Management LLC now owns 2,565,792 shares of the business services provider’s stock valued at $264,251,000 after buying an additional 943,660 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Booz Allen Hamilton by 1.6% during 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 buying an additional 37,519 shares during the period. Allspring Global Investments Holdings LLC boosted its position in Booz Allen Hamilton by 49.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,345,982 shares of the business services provider’s stock worth $240,698,000 after acquiring an additional 779,156 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Booz Allen Hamilton by 14.7% in the 2nd quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock worth $239,230,000 after acquiring an additional 293,603 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

BAH stock opened at $97.64 on Friday. The company has a market cap of $11.84 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 1.71 and a beta of 0.34. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 3.89. The stock has a 50-day moving average price of $87.14 and a two-hundred day moving average price of $97.68. Booz Allen Hamilton Holding Corporation has a 12-month low of $79.23 and a 12-month high of $146.95.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last released its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 earnings per share for the quarter, meeting the consensus estimate of $1.49. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the company posted $1.81 EPS. The company’s revenue was down 8.1% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.3%. The ex-dividend date was Friday, November 14th. Booz Allen Hamilton’s payout ratio is currently 33.59%.

Insider Activity

In other Booz Allen Hamilton news, CEO Horacio Rozanski bought 23,800 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were acquired at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the purchase, the chief executive officer owned 687,745 shares in the company, valued at approximately $58,224,491.70. The trade was a 3.58% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.91% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Stifel Nicolaus set a $106.00 price target on Booz Allen Hamilton in a research note on Friday, October 24th. TD Cowen reiterated a “hold” rating and issued a $105.00 target price (down from $125.00) on shares of Booz Allen Hamilton in a research note on Friday, October 17th. UBS Group decreased their price target on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Zacks Research upgraded Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Finally, Weiss Ratings lowered shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $109.46.

View Our Latest Stock Report on Booz Allen Hamilton

About Booz Allen Hamilton

(Free Report)

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.

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Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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