In a significant move, Robert Olstein's fund, Olstein Capital Management, has entirely sold off its stake in the government and IT consulting firm Booz Allen Hamilton. According to quarterly disclosure reports, the firm liquidated its full position of 66,000 shares. This transaction was part of a broader strategy, as the 13F filing revealed Olstein Capital Management exited all of its publicly disclosed equity positions during the second quarter of 2026.
Investors should note that this information is from a delayed quarterly report and reflects trades made between April 1 and June 30, 2026. During this period, Booz Allen Hamilton reported a revenue decline and lowered its full-year guidance, citing a challenging market. The company's second-quarter results, announced after the reporting period, reflected what its CEO described as a "bifurcated market" with strong demand in national security but a slower recovery in its civil business.