Rep. Rick Larsen Sells Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock

Representative Rick Larsen (D-Washington) recently sold shares of Booz Allen Hamilton Holding Co. (NYSE:BAH). In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Booz Allen Hamilton stock on January 7th.

Representative Rick Larsen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Cintas (NASDAQ:CTAS) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of Comcast (NASDAQ:CMCSA) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Verisk Analytics (NASDAQ:VRSK) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 1/7/2025.

Booz Allen Hamilton Stock Up 0.1 %

Shares of BAH opened at $136.34 on Thursday. The business’s 50 day moving average is $141.93 and its 200 day moving average is $152.29. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a 12-month low of $125.88 and a 12-month high of $190.59. The company has a market capitalization of $17.42 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 1.59 and a beta of 0.55.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BAH shares. TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Wells Fargo & Company reduced their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a report on Monday, January 6th. Truist Financial reduced their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Finally, Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the company from $180.00 to $190.00 in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $161.78.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BAH. Private Advisor Group LLC lifted its stake in shares of Booz Allen Hamilton by 30.6% in the 2nd quarter. Private Advisor Group LLC now owns 7,598 shares of the business services provider’s stock valued at $1,169,000 after purchasing an additional 1,782 shares during the last quarter. Dai ichi Life Insurance Company Ltd lifted its position in Booz Allen Hamilton by 10.3% in the second quarter. Dai ichi Life Insurance Company Ltd now owns 19,917 shares of the business services provider’s stock worth $3,065,000 after buying an additional 1,863 shares during the last quarter. Thoroughbred Financial Services LLC purchased a new position in Booz Allen Hamilton during the second quarter worth $604,000. Oppenheimer Asset Management Inc. increased its position in Booz Allen Hamilton by 11.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 23,138 shares of the business services provider’s stock valued at $3,561,000 after acquiring an additional 2,396 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Booz Allen Hamilton by 0.3% in the second quarter. Envestnet Asset Management Inc. now owns 947,231 shares of the business services provider’s stock valued at $145,779,000 after acquiring an additional 2,767 shares during the period. Institutional investors own 91.82% of the company’s stock.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $670,725.00. Following the completion of the sale, the chief financial officer now owns 29,618 shares of the company’s stock, valued at $4,886,970. This trade represents a 12.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.59% of the company’s stock.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2025. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the primary scheduled on August 6, 2024. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.