Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 6.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 783,260 shares of the business services provider’s stock after selling 54,813 shares during the period. Booz Allen Hamilton accounts for about 1.2% of Sterling Capital Management LLC’s portfolio, making the stock its 20th largest holding. Sterling Capital Management LLC owned approximately 0.64% of Booz Allen Hamilton worth $81,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in shares of Booz Allen Hamilton by 0.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 942,546 shares of the business services provider’s stock valued at $98,571,000 after buying an additional 5,202 shares during the period. M&T Bank Corp increased its position in shares of Booz Allen Hamilton by 9.3% during the 1st quarter. M&T Bank Corp now owns 11,114 shares of the business services provider’s stock worth $1,163,000 after purchasing an additional 943 shares during the last quarter. Personal CFO Solutions LLC increased its position in shares of Booz Allen Hamilton by 3.5% during the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider’s stock worth $286,000 after purchasing an additional 92 shares during the last quarter. Alps Advisors Inc. purchased a new stake in Booz Allen Hamilton in the 1st quarter valued at about $326,000. Finally, Hughes Financial Services LLC acquired a new position in Booz Allen Hamilton in the first quarter valued at about $60,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of BAH stock opened at $85.65 on Friday. Booz Allen Hamilton Holding Corporation has a 12 month low of $82.23 and a 12 month high of $186.59. The company has a market capitalization of $10.39 billion, a P/E ratio of 13.08, a P/E/G ratio of 1.46 and a beta of 0.39. The company has a current ratio of 1.76, a quick ratio of 1.78 and a debt-to-equity ratio of 3.89. The stock has a 50 day moving average of $98.40 and a two-hundred day moving average of $106.59.

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

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s payout ratio is currently 33.59%.

Wall Street Analyst Weigh In

BAH has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $106.00 price target on shares of Booz Allen Hamilton in a research report on Friday, October 24th. Truist Financial set a $90.00 target price on shares of Booz Allen Hamilton in a report on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. UBS Group lowered their price target on Booz Allen Hamilton from $115.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Finally, Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $110.82.

Insider Buying and Selling

In other news, CEO Horacio Rozanski bought 23,800 shares of the stock in a transaction on Thursday, October 30th. The stock was purchased at an average price of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the purchase, the chief executive officer owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This trade represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.91% of the company’s stock.

Booz Allen Hamilton Company 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.