Booz Allen Hamilton Holding Corporation $BAH Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue grew its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 301.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,065 shares of the business services provider’s stock after buying an additional 12,065 shares during the quarter. State of Alaska Department of Revenue’s holdings in Booz Allen Hamilton were worth $1,354,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in BAH. Vanguard Group Inc. increased its stake in Booz Allen Hamilton by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock valued at $1,371,245,000 after purchasing an additional 582,069 shares in the last quarter. AQR Capital Management LLC raised its stake in Booz Allen Hamilton by 48.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after purchasing an additional 1,246,451 shares during the last quarter. First Trust Advisors LP raised its position in shares of Booz Allen Hamilton by 10.6% in the third quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after buying an additional 342,252 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Booz Allen Hamilton by 8.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock valued at $216,094,000 after acquiring an additional 199,590 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Booz Allen Hamilton by 14.7% in the second quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock valued at $239,230,000 after purchasing an additional 293,603 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on BAH shares. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Citigroup dropped their target price on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. UBS Group reiterated a “neutral” rating and issued a $97.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company assumed coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Reduce” and an average price target of $94.17.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $80.60 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The firm’s 50-day moving average price is $79.61 and its two-hundred day moving average price is $86.18. Booz Allen Hamilton Holding Corporation has a 52-week low of $73.93 and a 52-week high of $130.91. The stock has a market capitalization of $9.72 billion, a P/E ratio of 11.98, a P/E/G ratio of 4.72 and a beta of 0.35.

Booz Allen Hamilton (NYSE:BAH) last posted 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 company had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.74 billion. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The business’s revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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 6.07 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

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

Booz Allen Hamilton Company 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.