Connor Clark & Lunn Investment Management Ltd. Takes Position in Booking Holdings Inc. $BKNG

Posted by Brenda Bartman on Aug 25th, 2026

Connor Clark & Lunn Investment Management Ltd. acquired a new position in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 233,911 shares of the business services provider’s stock, valued at approximately $41,692,000.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Booking by 34.9% in 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 in the last quarter. Revolve Wealth Partners LLC bought a new stake in Booking in the 4th quarter valued at $209,000. Sivia Capital Partners LLC lifted its stake in Booking by 25.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 165 shares of the business services provider’s stock worth $955,000 after purchasing an additional 33 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of Booking by 50.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 87 shares of the business services provider’s stock valued at $504,000 after purchasing an additional 29 shares during the last quarter. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Booking in the second quarter worth about $179,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Insiders Place Their Bets

In other Booking news, Director Vanessa Ames Wittman sold 1,125 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $192.00, for a total value of $216,000.00. Following the sale, the director owned 16,508 shares in the company, valued at $3,169,536. This trade represents a 6.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert J. Mylod, Jr. sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $200.00, for a total transaction of $1,000,000.00. Following the sale, the director directly owned 16,000 shares of the company’s stock, valued at $3,200,000. This represents a 23.81% 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. Over the last quarter, insiders sold 77,550 shares of company stock worth $16,112,304. Insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BKNG. Gordon Haskett increased their price target on Booking from $217.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. UBS Group raised their target price on shares of Booking from $266.00 to $274.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. BMO Capital Markets restated an “outperform” rating and issued a $250.00 price target (up from $240.00) on shares of Booking in a research report on Wednesday, August 5th. Truist Financial set a $242.00 price objective on shares of Booking in a research report on Wednesday, August 5th. Finally, Argus boosted their target price on shares of Booking from $210.00 to $245.00 and gave the stock a “buy” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average price target of $236.45.

Read Our Latest Research Report on Booking

Booking Price Performance

Booking stock opened at $213.36 on Tuesday. The firm has a market capitalization of $160.31 billion, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 1.27 and a beta of 1.07. Booking Holdings Inc. has a 1-year low of $150.14 and a 1-year high of $230.98. The company’s 50-day moving average is $189.38 and its 200 day moving average is $177.09.

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

Booking Announces Dividend

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

Booking 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.