Fox Run Management L.L.C. increased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 84.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,373 shares of the business services provider’s stock after buying an additional 8,856 shares during the period. Booz Allen Hamilton accounts for 0.3% of Fox Run Management L.L.C.’s holdings, making the stock its 26th biggest holding. Fox Run Management L.L.C.’s holdings in Booz Allen Hamilton were worth $2,017,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of BAH. Wellington Management Group LLP raised its position in shares of Booz Allen Hamilton by 603.1% in the 1st quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock worth $151,266,000 after acquiring an additional 1,240,689 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 288.4% during the 1st quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock valued at $168,491,000 after purchasing an additional 1,204,446 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Booz Allen Hamilton by 187.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,566,826 shares of the business services provider’s stock worth $168,136,000 after purchasing an additional 1,021,809 shares during the period. 1832 Asset Management L.P. increased its holdings in Booz Allen Hamilton by 78.7% in the first quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock worth $153,370,000 after purchasing an additional 646,053 shares in the last quarter. Finally, Pacer Advisors Inc. bought a new stake in Booz Allen Hamilton in the first quarter worth approximately $59,148,000. Institutional investors own 91.82% of the company’s stock.
Insider Buying and Selling
In related news, CEO Horacio Rozanski acquired 23,800 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were acquired at an average cost of $84.66 per share, for a total transaction 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 ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.91% of the company’s stock.
Booz Allen Hamilton Trading Up 2.2%
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last issued its quarterly earnings data on Friday, October 24th. The business services provider reported $1.49 EPS for the quarter, hitting analysts’ consensus estimates 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 company’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 EPS. 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 earnings per share for the current fiscal year.
Booz Allen Hamilton Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be issued a dividend of $0.55 per share. The ex-dividend date is Friday, November 14th. This represents a $2.20 annualized dividend and a yield of 2.5%. Booz Allen Hamilton’s dividend payout ratio is 33.59%.
Analyst Ratings Changes
A number of research firms have issued reports on BAH. TD Cowen restated a “hold” rating and set a $105.00 price target (down from $125.00) on shares of Booz Allen Hamilton in a report on Friday, October 17th. Stifel Nicolaus set a $106.00 target price on shares of Booz Allen Hamilton in a research note on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Cowen lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Finally, Bank of America cut shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 price objective on the stock. in a research report on Friday, October 24th. 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 given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $110.82.
About Booz Allen Hamilton
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.
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