Focus Partners Wealth Acquires 743 Shares of Booking Holdings Inc. $BKNG

Focus Partners Wealth increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.0% during the 1st quarter, Holdings Channel reports. The firm owned 19,286 shares of the business services provider’s stock after buying an additional 743 shares during the period. Focus Partners Wealth’s holdings in Booking were worth $87,941,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BKNG. Integrity Alliance LLC. bought a new stake in Booking during the 1st quarter valued at approximately $208,000. Anchor Investment Management LLC boosted its position in Booking by 1.2% during the 1st quarter. Anchor Investment Management LLC now owns 611 shares of the business services provider’s stock valued at $2,815,000 after acquiring an additional 7 shares in the last quarter. Glenview Trust co boosted its position in Booking by 1,047.0% during the 1st quarter. Glenview Trust co now owns 952 shares of the business services provider’s stock valued at $4,386,000 after acquiring an additional 869 shares in the last quarter. Ilmarinen Mutual Pension Insurance Co boosted its position in Booking by 14.4% during the 1st quarter. Ilmarinen Mutual Pension Insurance Co now owns 5,150 shares of the business services provider’s stock valued at $23,726,000 after acquiring an additional 650 shares in the last quarter. Finally, Woodline Partners LP boosted its position in Booking by 8.3% during the 1st quarter. Woodline Partners LP now owns 5,430 shares of the business services provider’s stock valued at $25,016,000 after acquiring an additional 414 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Booking Trading Up 0.0%

BKNG stock opened at $5,571.83 on Wednesday. The stock has a market capitalization of $180.58 billion, a PE ratio of 38.75, a price-to-earnings-growth ratio of 1.61 and a beta of 1.39. Booking Holdings Inc. has a 12-month low of $3,719.34 and a 12-month high of $5,839.41. The stock’s 50 day simple moving average is $5,608.31 and its 200 day simple moving average is $5,206.63.

Booking (NASDAQ:BKNG) last announced its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business earned $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 will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be paid a dividend of $9.60 per share. The ex-dividend date is 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%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BKNG. Wells Fargo & Company lifted their price objective on Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price target on Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 4th. Morgan Stanley set a $5,650.00 price target on Booking and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Evercore ISI boosted their price target on Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Finally, Piper Sandler reissued a “neutral” rating and issued a $5,750.00 price target (up from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly owned 24,620 shares in the company, valued at approximately $134,841,031.80. The trade was a 3.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the sale, the director owned 195 shares of the company’s stock, valued at approximately $1,089,486.45. This represents a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,116 shares of company stock valued at $22,869,434. Company insiders own 0.16% of the company’s stock.

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.