Allspring Global Investments Holdings LLC Acquires 2,563 Shares of Booking Holdings Inc. $BKNG

Allspring Global Investments Holdings LLC boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 6.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,692 shares of the business services provider’s stock after acquiring an additional 2,563 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.12% of Booking worth $227,464,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Fidelis Capital Partners LLC raised its holdings in shares of Booking by 1.2% during the first quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after acquiring an additional 2 shares during the period. WNY Asset Management LLC raised its holdings in shares of Booking by 3.7% during the first quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock worth $258,000 after acquiring an additional 2 shares during the period. Gries Financial LLC raised its holdings in shares of Booking by 1.6% during the first quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after acquiring an additional 2 shares during the period. Sheaff Brock Investment Advisors LLC raised its holdings in shares of Booking by 0.5% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after acquiring an additional 2 shares during the period. Finally, Nicolet Advisory Services LLC raised its holdings in shares of Booking by 0.8% during the first quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after acquiring an additional 2 shares during the period. Institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. DA Davidson raised their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Royal Bank Of Canada raised their price objective on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Booking in a research report on Saturday, September 27th. Morgan Stanley set a $5,650.00 target price on shares of Booking and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Finally, UBS Group raised their target price on shares of Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and a consensus price target of $5,808.81.

Booking Price Performance

Shares of BKNG opened at $5,164.93 on Monday. The firm has a 50-day moving average of $5,492.50 and a 200-day moving average of $5,325.09. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The company has a market cap 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 (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter last year, the firm posted $41.90 EPS. The company’s quarterly revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were given a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is 26.71%.

Insider Activity

In other news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the completion of the transaction, the director owned 747 shares of the company’s stock, valued at $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the completion of the transaction, the chief executive officer directly owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. This trade represents a 3.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,195 shares of company stock valued at $23,467,630 in the last quarter. Company insiders own 0.16% of the company’s stock.

Booking Company 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.