Pallas Capital Advisors LLC Takes Position in Booking Holdings Inc. $BKNG

Posted by Francis Steltz on Aug 20th, 2026

Pallas Capital Advisors LLC purchased a new stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,981 shares of the business services provider’s stock, valued at approximately $710,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Booking by 34.9% during the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after buying an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in Booking in the fourth quarter valued at approximately $209,000. Sivia Capital Partners LLC boosted its stake in Booking by 25.0% in the second quarter. Sivia Capital Partners LLC now owns 165 shares of the business services provider’s stock valued at $955,000 after acquiring an additional 33 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in Booking by 50.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 87 shares of the business services provider’s stock worth $504,000 after acquiring an additional 29 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new stake in Booking during the 2nd quarter worth $179,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on BKNG shares. Wells Fargo & Company set a $220.00 price target on Booking and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. HSBC decreased their price objective on Booking from $309.84 to $298.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Cantor Fitzgerald upped their price objective on Booking from $175.00 to $220.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. TD Cowen reissued a “buy” rating and issued a $230.00 target price (down from $240.00) on shares of Booking in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $230.00 target price on shares of Booking in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $235.72.

Read Our Latest Stock Analysis on Booking

Key Booking News

Here are the key news stories impacting Booking this week:

Positive Sentiment: Booking’s KAYAK brand reported that international airfares for U.K. travelers in September and October are averaging 26% below peak-season levels. Cheaper “shoulder-season” travel could encourage additional bookings and support demand across Booking’s accommodation and travel platforms. KAYAK shoulder-season travel research
Positive Sentiment: Recent fundamentals remain supportive. Booking’s latest quarterly revenue rose 8.1% year over year to $7.35 billion and earnings exceeded analyst expectations. Analysts maintain a broadly favorable view, with a “Moderate Buy” consensus and an average price target of $235.72, above recent trading levels. Booking growth-stock analysis
Neutral Sentiment: Booking declared a quarterly dividend of $0.42 per share, or $1.68 annually, representing an approximately 0.8% yield. The payout signals ongoing shareholder returns but is modest and is unlikely to materially affect the stock’s near-term direction.
Negative Sentiment: Booking Vice President Peter Millones sold 50,050 shares worth approximately $10.4 million, reducing his position by 11.77%. Director Vanessa Ames Wittman separately sold 375 shares for about $79,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as bearish signals; Millones still retains roughly $77.9 million in BKNG stock. Booking insider share sales

Booking Stock Performance

Shares of BKNG stock opened at $213.00 on Thursday. Booking Holdings Inc. has a 52 week low of $150.14 and a 52 week high of $231.80. The company’s 50 day moving average price is $186.78 and its two-hundred day moving average price is $177.12. The company has a market capitalization of $160.04 billion, a P/E ratio of 23.57, a price-to-earnings-growth ratio of 1.26 and a beta of 1.07.

Booking (NASDAQ:BKNG – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The business services provider reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.43 by $0.11. Booking had a net margin of 25.53% and a negative return on equity of 102.96%. The company had revenue of $7.35 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter in the prior year, the company earned $55.40 earnings per share. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Analysts forecast that Booking Holdings Inc. will post 10.47 earnings per share for the current year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 11th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.68 dividend on an annualized basis and a yield of 0.8%. Booking’s dividend payout ratio is presently 18.58%.

Insider Activity at Booking

In other news, VP Peter J. Millones sold 62,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $163.67, for a total value of $10,229,375.00. Following the sale, the vice president directly owned 425,075 shares in the company, valued at $69,572,025.25. The trade was a 12.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ewout L. Steenbergen sold 20,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $211.03, for a total value of $4,220,600.00. Following the completion of the sale, the chief financial officer owned 59,794 shares in the company, valued at approximately $12,618,327.82. This trade represents a 25.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 140,050 shares of company stock valued at $26,341,680 in the last quarter. 0.17% of the stock is currently owned by company insiders.

Booking Company Profile

(Free Report)

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.