Victory Capital Management Inc. Boosts Holdings in Booz Allen Hamilton Holding Corporation $BAH

by · The Cerbat Gem

Victory Capital Management Inc. boosted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 1,269.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 665,152 shares of the business services provider’s stock after buying an additional 616,591 shares during the period. Victory Capital Management Inc.’s holdings in Booz Allen Hamilton were worth $66,482,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rakuten Securities Inc. increased its position in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after purchasing an additional 199 shares during the last quarter. West Branch Capital LLC grew its stake in Booz Allen Hamilton by 58.3% in the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after buying an additional 105 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of Booz Allen Hamilton by 244.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after buying an additional 205 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of Booz Allen Hamilton by 244.9% during the 2nd quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock valued at $35,000 after buying an additional 240 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter valued at $35,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BAH. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday. Zacks Research upgraded Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Citigroup raised their price objective on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Jefferies Financial Group dropped their target price on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research report on Thursday, December 18th. Finally, DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $101.25.

View Our Latest Stock Report on Booz Allen Hamilton

Booz Allen Hamilton Trading Up 1.8%

Shares of BAH stock opened at $79.75 on Friday. The business has a 50-day moving average of $86.49 and a 200 day moving average of $91.82. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton Holding Corporation has a 1-year low of $73.93 and a 1-year high of $130.91. The stock has a market capitalization of $9.62 billion, a PE ratio of 11.85, a P/E/G ratio of 4.60 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.51. The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Friday, February 13th. Booz Allen Hamilton’s payout ratio is currently 35.07%.

Booz Allen Hamilton Company Profile

(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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