Booking Holdings Inc. $BKNG Holdings Reduced by Lbp Am Sa

Lbp Am Sa decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 33.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,264 shares of the business services provider’s stock after selling 1,134 shares during the period. Lbp Am Sa’s holdings in Booking were worth $13,107,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Wealth Preservation Advisors LLC acquired a new stake in shares of Booking in the 1st quarter worth approximately $28,000. Atwood & Palmer Inc. acquired a new stake in shares of Booking in the 2nd quarter worth approximately $29,000. Keystone Global Partners LLC acquired a new stake in shares of Booking in the 1st quarter worth approximately $32,000. O Brien Wealth Partners LLC acquired a new stake in shares of Booking in the 2nd quarter worth approximately $35,000. Finally, First PREMIER Bank lifted its stake in shares of 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 acquiring an additional 3 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Price Performance

BKNG stock opened at $5,399.27 on Wednesday. The firm has a market cap of $174.99 billion, a PE ratio of 37.55, a P/E/G ratio of 1.57 and a beta of 1.39. Booking Holdings Inc. has a 12 month low of $4,060.98 and a 12 month high of $5,839.41. The firm has a 50 day simple moving average of $5,541.46 and a 200 day simple moving average of $5,284.60.

Booking (NASDAQ:BKNG) last issued its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

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

Wall Street Analyst Weigh In

BKNG has been the subject of a number of research analyst reports. Evercore ISI upped 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. BMO Capital Markets reaffirmed an “outperform” rating and issued a $6,000.00 price target (up from $5,700.00) on shares of Booking in a research note on Wednesday, July 30th. Piper Sandler reaffirmed a “neutral” rating and issued a $5,750.00 price target (up from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Barclays increased their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Finally, Bank of America increased their target price on shares of Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5,807.89.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction that occurred on 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 represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were 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 approximately $722,045.80. This trade represents a 32.82% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,195 shares of company stock worth $23,467,630. 0.16% of the stock is owned by corporate insiders.

Booking 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.