Booz Allen Hamilton Holding Corporation $BAH Shares Newly Acquired by Cyndeo Wealth Partners LLC

by · The Cerbat Gem

Cyndeo Wealth Partners LLC acquired a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 134,956 shares of the business services provider’s stock, valued at approximately $9,369,000. Cyndeo Wealth Partners LLC owned approximately 0.11% of Booz Allen Hamilton at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. First Citizens Bank & Trust Co. bought a new position in Booz Allen Hamilton in the 3rd quarter worth approximately $566,000. Copeland Capital Management LLC lifted its holdings in Booz Allen Hamilton by 292.5% during the 3rd quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock worth $56,047,000 after buying an additional 601,677 shares in the last quarter. NorthCrest Asset Manangement LLC bought a new position in Booz Allen Hamilton in the 3rd quarter valued at $407,000. GAMMA Investing LLC boosted its position in Booz Allen Hamilton by 119.4% in the 3rd quarter. GAMMA Investing LLC now owns 5,723 shares of the business services provider’s stock valued at $397,000 after buying an additional 3,115 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Booz Allen Hamilton by 13.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,770 shares of the business services provider’s stock valued at $192,000 after buying an additional 325 shares during the period. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BAH has been the subject of a number of recent research reports. UBS Group boosted their target price on Booz Allen Hamilton from $70.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a report on Tuesday, July 14th. Truist Financial upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $70.00 to $85.00 in a research report on Thursday, October 8th. TD Cowen boosted their price objective on Booz Allen Hamilton from $75.00 to $77.00 and gave the stock a “hold” rating in a report on Tuesday, October 6th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Booz Allen Hamilton in a research report on Friday, October 2nd. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus target price of $85.62.

View Our Latest Stock Report on BAH

Booz Allen Hamilton Stock Down 0.1%

Shares of Booz Allen Hamilton stock opened at $74.44 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.60 and a debt-to-equity ratio of 3.26. Booz Allen Hamilton Holding Corporation has a 12 month low of $59.50 and a 12 month high of $109.10. The business has a fifty day simple moving average of $74.44 and a 200 day simple moving average of $73.84. The stock has a market cap of $8.95 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.79 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.32. The business had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%. The firm’s revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.34 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.36 annualized dividend and a yield of 3.2%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.11%.

Booz Allen Hamilton Profile

(Free Report)

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that primarily serves the U.S. government, including defense, intelligence, civil, and health agencies. The company helps clients address complex national security, public-sector, and business challenges through consulting, engineering, technology integration, and mission-support services.

Its capabilities include artificial intelligence and data analytics, cybersecurity, digital transformation, cloud computing, systems engineering, software development, program management, and organizational strategy.

Featured Stories

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report).