Wealth Management Partners LLC Invests $215,000 in Booking Holdings Inc. $BKNG

Wealth Management Partners LLC bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 37 shares of the business services provider’s stock, valued at approximately $215,000.

Several other institutional investors have also recently made changes to their positions in BKNG. Wealth Preservation Advisors LLC bought a new stake in shares of Booking in the 1st quarter worth about $28,000. Atwood & Palmer Inc. bought a new stake in shares of Booking in the 2nd quarter worth about $29,000. Keystone Global Partners LLC bought a new stake in shares of Booking in the 1st quarter worth about $32,000. O Brien Wealth Partners LLC purchased a new position in Booking in the 2nd quarter worth about $35,000. Finally, First PREMIER Bank increased its stake in Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares during the period. Institutional investors own 92.42% of the company’s stock.

Booking Stock Up 0.0%

Shares of Booking stock opened at $5,444.44 on Friday. The firm’s 50 day moving average price is $5,570.86 and its 200-day moving average price is $5,235.05. Booking Holdings Inc. has a 52-week low of $3,985.57 and a 52-week high of $5,839.41. The company has a market cap of $176.45 billion, a P/E ratio of 37.86, a PEG ratio of 1.57 and a beta of 1.39.

Booking (NASDAQ:BKNG) last released its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. Booking’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period last year, the business earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current fiscal 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 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 (DPR) is 26.71%.

Analyst Upgrades and Downgrades

Several research firms recently commented on BKNG. BTIG Research reaffirmed a “buy” rating and issued a $6,250.00 price target on shares of Booking in a research note on Thursday, September 4th. Bank of America raised their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Citigroup raised their price target on shares of Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Wells Fargo & Company raised their price target on shares of Booking from $5,411.00 to $5,418.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Finally, Evercore ISI raised their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5,808.81.

Insider Buying and Selling

In related news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares in the company, valued at $130,237,930.44. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the sale, the director owned 131 shares of the company’s stock, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock worth $23,467,630 in the last three months. Corporate 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.