Fifth Third Wealth Advisors LLC Sells 11 Shares of Booking Holdings Inc. $BKNG

Fifth Third Wealth Advisors LLC trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 384 shares of the business services provider’s stock after selling 11 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Booking were worth $2,223,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of BKNG. Brighton Jones LLC boosted its position in Booking by 34.9% during the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after acquiring an additional 65 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Booking in the 4th quarter worth approximately $209,000. Wealthcare Advisory Partners LLC boosted its position in shares of Booking by 9.8% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 56 shares of the business services provider’s stock worth $258,000 after purchasing an additional 5 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Booking by 13.2% in the 1st quarter. GAMMA Investing LLC now owns 513 shares of the business services provider’s stock worth $2,363,000 after purchasing an additional 60 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. boosted its position in shares of Booking by 19.0% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 50 shares of the business services provider’s stock worth $230,000 after purchasing an additional 8 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on BKNG shares. BTIG Research reissued a “buy” rating and issued a $6,250.00 price target on shares of Booking in a research report on Wednesday. Royal Bank Of Canada boosted their price target on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Barclays boosted their price target 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. Mizuho started coverage on Booking in a research report on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 price target on the stock. Finally, Truist Financial boosted their price target on Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research report on Monday, July 14th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $5,808.81.

Booking Trading Down 0.5%

BKNG stock opened at $5,164.93 on Friday. The stock has a market capitalization of $167.40 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.60 and a beta of 1.35. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The stock’s 50 day simple moving average is $5,492.50 and its 200 day simple moving average is $5,321.11.

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

Booking Dividend Announcement

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

Insider Buying and Selling at Booking

In other Booking news, Director Larry Quinlan sold 64 shares of the business’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 sale, the director directly owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the sale, the chief executive officer owned 23,607 shares of the company’s stock, valued at approximately $130,237,930.44. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,195 shares of company stock worth $23,467,630. Insiders own 0.16% of the company’s stock.

Booking Profile

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.