Booking Holdings Inc. $BKNG Shares Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,018 shares of the business services provider’s stock after purchasing an additional 590 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Booking were worth $253,300,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BKNG. Wealth Preservation Advisors LLC acquired a new position in Booking during the first quarter worth $28,000. Atwood & Palmer Inc. purchased a new stake in shares of Booking during the second quarter worth $29,000. Keystone Global Partners LLC purchased a new stake in shares of Booking during the first quarter worth $32,000. O Brien Wealth Partners LLC purchased a new stake in shares of Booking during the second quarter worth $35,000. Finally, First PREMIER Bank increased its position in shares of Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after acquiring an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Price Performance

NASDAQ:BKNG opened at $5,141.88 on Tuesday. The firm has a market capitalization of $166.65 billion, a PE ratio of 35.76, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. The business’s fifty day moving average price is $5,454.63 and its 200 day moving average price is $5,349.06. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same quarter in the prior year, the company posted $41.90 earnings per share. Booking’s revenue for the quarter was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were paid a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking’s dividend payout ratio is currently 26.71%.

Insider Buying and Selling at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the transaction, the chief executive officer owned 23,607 shares in the company, valued at $130,237,930.44. This represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the transaction, the director owned 131 shares of the company’s stock, valued at $722,045.80. This represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,197 shares of company stock worth $17,260,963 over the last 90 days. Corporate insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on BKNG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Booking in a research report on Tuesday, October 14th. Morgan Stanley set a $5,650.00 price objective on Booking and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Evercore ISI upped their price objective on Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Barclays upped their price objective on Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $6,000.00 target price (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

About Booking

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.