739 Shares in Booking Holdings Inc. $BKNG Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC bought a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 739 shares of the business services provider’s stock, valued at approximately $4,279,000.

Several other large investors also recently added to or reduced their stakes in the company. Vestor Capital LLC raised its position in shares of Booking by 658,925.0% in the second quarter. Vestor Capital LLC now owns 105,444 shares of the business services provider’s stock valued at $610,441,000 after purchasing an additional 105,428 shares during the period. Symphony Financial Ltd. Co. purchased a new stake in shares of Booking during the second quarter worth $536,675,000. AQR Capital Management LLC boosted its holdings in shares of Booking by 79.4% in the first quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock worth $695,259,000 after acquiring an additional 68,243 shares during the period. American Century Companies Inc. grew its position in shares of Booking by 185.1% in the second quarter. American Century Companies Inc. now owns 77,926 shares of the business services provider’s stock valued at $451,132,000 after purchasing an additional 50,592 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Booking by 27.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock valued at $836,223,000 after purchasing an additional 39,523 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Up 2.3%

Shares of Booking stock opened at $4,875.37 on Tuesday. The firm has a market capitalization of $157.15 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.57 and a beta of 1.34. The business’s 50-day moving average price is $5,169.16 and its 200-day moving average price is $5,399.76. 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 released its earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. The company had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.During the same quarter in the previous year, the company posted $83.39 EPS. Booking’s quarterly revenue was up 12.7% compared to the same quarter last year. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 5th will be paid a $9.60 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.8%. Booking’s dividend payout ratio is 24.96%.

Insider Buying and Selling at Booking

In related news, insider Paulo Pisano sold 200 shares of Booking stock in a transaction on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total value of $1,000,000.00. Following the transaction, the insider owned 1,514 shares in the company, valued at $7,570,000. This trade represents a 11.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert J. Mylod, Jr. sold 40 shares of the business’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total transaction of $200,000.00. Following the completion of the sale, the director directly owned 960 shares of the company’s stock, valued at $4,800,000. This represents a 4.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,452 shares of company stock worth $17,987,397 in the last quarter. 0.16% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on BKNG shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $6,000.00 target price (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. DA Davidson raised their price objective on shares of Booking from $6,500.00 to $6,600.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Seaport Global Securities boosted their price objective on shares of Booking from $6,030.00 to $6,260.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Cantor Fitzgerald lowered their target price on shares of Booking from $5,590.00 to $5,550.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Finally, Susquehanna raised their price target on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $6,141.52.

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.