Insider Selling: Booz Allen Hamilton (NYSE:BAH) EVP Sells $124,380.00 in Stock

Booz Allen Hamilton Holding Corporation (NYSE:BAH – Get Free Report) EVP Joshua Petty sold 1,500 shares of the firm’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $82.92, for a total transaction of $124,380.00. Following the sale, the executive vice president owned 8,538 shares in the company, valued at approximately $707,970.96. The trade was a 14.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH traded up $4.10 on Friday, hitting $88.33. The company had a trading volume of 3,727,268 shares, compared to its average volume of 2,078,801. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 13.72, a P/E/G ratio of 1.90 and a beta of 0.37. The stock has a 50 day moving average price of $74.88 and a 200 day moving average price of $76.75. Booz Allen Hamilton Holding Corporation has a 1-year low of $59.50 and a 1-year high of $109.10. The company has a current ratio of 1.43, a quick ratio of 1.59 and a debt-to-equity ratio of 3.53.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last issued its quarterly earnings results on Friday, October 23rd. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.28. The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.49 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Analysts expect that Booz Allen Hamilton Holding Corporation will post 6.58 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Thursday, November 12th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 12th. Booz Allen Hamilton’s dividend payout ratio is currently 36.65%.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of large investors have recently modified their holdings of BAH. Allspring Global Investments Holdings LLC boosted its holdings in Booz Allen Hamilton by 1.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider’s stock valued at $208,226,000 after acquiring an additional 45,276 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Booz Allen Hamilton by 12.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,352,790 shares of the business services provider’s stock valued at $105,567,000 after purchasing an additional 151,166 shares during the period. Bank of America Corp DE raised its holdings in Booz Allen Hamilton by 2.6% in the 1st quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock worth $87,181,000 after purchasing an additional 28,462 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor bought a new position in Booz Allen Hamilton in the 2nd quarter worth $51,325,000. Finally, Copeland Capital Management LLC lifted its position in shares of Booz Allen Hamilton by 292.5% in the 3rd quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock worth $56,047,000 after purchasing an additional 601,677 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BAH. TD Cowen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and raised their target price for the company from $77.00 to $95.00 in a research note on Monday. Truist Financial raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and upped their price target for the stock from $70.00 to $85.00 in a research note on Thursday, October 8th. Wall Street Zen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Monday, October 19th. Bank of America reissued an “underperform” rating on shares of Booz Allen Hamilton in a research note on Monday. Finally, Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $89.29.

Read Our Latest Stock Report on Booz Allen Hamilton

Booz Allen Hamilton Company Profile

(Get Free Report)

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.

See Also

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.