Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) EVP Joshua Petty sold 1,500 shares of Booz Allen Hamilton stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total transaction of $124,380.00. Following the completion of the sale, the executive vice president directly owned 8,538 shares of the company's stock, valued at approximately $707,970.96. The trade was a 14.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Booz Allen Hamilton Trading Up 4.9%
Shares of NYSE:BAH opened at $88.33 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.59 and a debt-to-equity ratio of 3.53. The stock has a market capitalization of $10.48 billion, a PE ratio of 11.83, a P/E/G ratio of 1.91 and a beta of 0.37. Booz Allen Hamilton Holding Corporation has a 1 year low of $59.50 and a 1 year high of $109.10. The firm has a fifty day moving average price of $75.12 and a 200 day moving average price of $76.71.
Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, October 23rd. The business services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period last year, the company earned $1.49 earnings per share. The business's revenue was down 3.9% compared to the same quarter last year. 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 6.61 EPS for the current fiscal year.
Booz Allen Hamilton Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors 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 (DPR) is presently 36.65%.
Analysts Set New Price Targets
Several research firms recently weighed in on BAH. Citigroup boosted their target price on Booz Allen Hamilton from $77.00 to $88.00 and gave the stock a "neutral" rating in a report on Monday, October 26th. BNP Paribas Exane increased their price target on Booz Allen Hamilton from $70.00 to $85.00 and gave the company a "neutral" rating in a report on Monday, October 26th. Jefferies Financial Group dropped their price target on shares of Booz Allen Hamilton from $80.00 to $75.00 and set a "hold" rating on the stock in a research report on Wednesday, October 7th. Weiss Ratings upgraded shares of Booz Allen Hamilton from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, October 21st. Finally, Cantor Fitzgerald reduced their price objective on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an "overweight" rating for the company in a research note on Thursday, July 23rd. Five investment 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 MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and an average price target of $89.29.
View Our Latest Stock Analysis on BAH
Institutional Investors Weigh In On Booz Allen Hamilton
Several hedge funds and other institutional investors have recently modified their holdings of BAH. Public Employees Retirement System of Ohio bought a new position in Booz Allen Hamilton during the second quarter worth $2,069,000. Weiss Asset Management LP bought a new stake in Booz Allen Hamilton in the 1st quarter valued at $12,945,000. Bank of America Corp DE boosted 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 valued at $87,181,000 after purchasing an additional 28,462 shares during the period. Artemis Investment Management LLP acquired a new stake in Booz Allen Hamilton in the 3rd quarter worth $12,051,000. Finally, Engineers Gate Manager LP grew its position in Booz Allen Hamilton by 3,206.2% in the 2nd quarter. Engineers Gate Manager LP now owns 101,268 shares of the business services provider's stock worth $6,144,000 after purchasing an additional 98,205 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.
About Booz Allen Hamilton
(
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.
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