Booking Holdings Inc. $BKNG Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 1.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,136 shares of the business services provider’s stock after buying an additional 174 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Booking were worth $58,680,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Atwood & Palmer Inc. acquired a new position in shares of Booking in the 2nd quarter valued at about $29,000. Wealth Preservation Advisors LLC purchased a new stake in shares of Booking during the 1st quarter valued at about $28,000. O Brien Wealth Partners LLC purchased a new stake in Booking during the 2nd quarter worth approximately $35,000. First PREMIER Bank increased its holdings in Booking by 100.0% during the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after purchasing an additional 3 shares during the last quarter. Finally, Keystone Global Partners LLC purchased a new stake in Booking during the 1st quarter worth approximately $32,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the sale, the chief executive officer directly owned 23,607 shares in the company, valued at $130,237,930.44. The trade was a 4.11% 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. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the completion of the sale, the director owned 747 shares in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock worth $23,467,630 over the last three months. Corporate insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on BKNG. B. Riley reiterated a “buy” rating and issued a $6,700.00 target price (up previously from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Wedbush reiterated a “neutral” rating and set a $5,900.00 price target on shares of Booking in a research report on Wednesday, July 30th. Truist Financial boosted their price target on Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research report on Monday, July 14th. BMO Capital Markets restated an “outperform” rating and issued a $6,000.00 price objective (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. upped their price objective on Booking from $5,360.00 to $6,000.00 and gave the company an “overweight” rating in a report on Wednesday, June 4th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten 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 $5,808.81.

Booking Stock Performance

NASDAQ BKNG opened at $5,548.00 on Friday. The stock has a fifty day moving average of $5,553.44 and a 200-day moving average of $5,270.06. The stock has a market capitalization of $179.81 billion, a P/E ratio of 38.58, a price-to-earnings-growth ratio of 1.60 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $4,060.98 and a 52 week high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping the consensus estimate of $50.32 by $5.08. The firm 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 revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the previous year, the company posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be issued a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, September 5th. Booking’s payout ratio is 26.71%.

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.