SCHEDULE 13G/A: T. Rowe Price Associates Discloses 5.7% Stake in Booz Allen Hamilton Holdings
Beneficial Ownership Disclosure
T. Rowe Price Associates, Inc. has filed an updated Schedule 13G, revealing a 5.7% beneficial ownership stake in Booz Allen Hamilton Holdings as of December 31, 2024.
Summary
- T. Rowe Price Associates, Inc. reported beneficial ownership of 7,343,949 shares of Booz Allen Hamilton Holdings common stock.
- This ownership represents 5.7% of the total outstanding common stock of Booz Allen Hamilton Holdings.
- T. Rowe Price Associates, Inc. holds sole voting power over 7,028,770 shares.
- T. Rowe Price Associates, Inc. holds sole dispositive power over 7,343,911 shares.
- The filing is an Amendment No. 10 to a previously filed Schedule 13G, indicating an update to their existing position.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of beneficial ownership, providing no positive or negative operational or financial news about the issuer or the reporting entity's sentiment beyond the fact of ownership.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or T. Rowe Price's future investment intentions beyond the certification that the securities were acquired and are held in the ordinary course of business.
Management Comments
- T. Rowe Price Associates, Inc. certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
This filing reflects a significant passive investment by T. Rowe Price Associates, a major investment adviser, in Booz Allen Hamilton Holdings, a prominent publicly traded company in the government consulting and technology services sector. Such disclosures are standard for institutional investors holding more than 5% of a company's stock, providing transparency on major shareholder positions.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake in the company, which can influence market perception and liquidity.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (reporting period end date). |
| 02/14/2025 | Date the Schedule 13G Amendment No. 10 was signed and filed. |
Keywords
Booz Allen Hamilton Holdings, T. Rowe Price Associates, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing
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