OMNI 360 Wealth Inc. boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 4.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67 shares of the business services provider’s stock after acquiring an additional 3 shares during the period. OMNI 360 Wealth Inc.’s holdings in Booking were worth $388,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Aletheian Wealth Advisors LLC acquired a new position in Booking in the 2nd quarter valued at about $226,000. Centurion Wealth Management LLC increased its position in Booking by 7.1% in the 2nd quarter. Centurion Wealth Management LLC now owns 105 shares of the business services provider’s stock valued at $608,000 after acquiring an additional 7 shares during the period. RB Capital Management LLC acquired a new position in Booking in the 2nd quarter valued at about $754,000. RDA Financial Network acquired a new position in Booking in the 2nd quarter valued at about $214,000. Finally, Trinity Financial Advisors LLC increased its position in Booking by 356.4% in the 2nd quarter. Trinity Financial Advisors LLC now owns 461 shares of the business services provider’s stock valued at $2,670,000 after acquiring an additional 360 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.
Insider Buying and Selling
In related news, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the sale, the chief executive officer owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. This represents a 3.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the sale, the director directly owned 195 shares in the company, valued at approximately $1,089,486.45. The trade was a 24.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,116 shares of company stock worth $22,869,434. 0.16% of the stock is owned by corporate insiders.
Booking Price Performance
Booking (NASDAQ:BKNG – Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping the consensus estimate of $50.32 by $5.08. The business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.
Booking Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be paid a $9.60 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking’s dividend payout ratio is presently 26.71%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on BKNG shares. Royal Bank Of Canada boosted their price target on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. B. Riley reaffirmed a “buy” rating and issued a $6,700.00 price objective (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. 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 report on Wednesday, July 30th. Piper Sandler reaffirmed a “neutral” rating and issued a $5,750.00 price objective (up previously from $5,077.00) on shares of Booking in a report on Wednesday, July 30th. Finally, Hsbc Global Res raised Booking to a “strong-buy” rating in a report on Thursday, July 17th. Three 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,808.81.
View Our Latest Stock Report on BKNG
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.
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