Booking Holdings Inc. $BKNG Shares Bought by Meitav Investment House Ltd.

Meitav Investment House Ltd. grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 14.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,162 shares of the business services provider’s stock after purchasing an additional 151 shares during the quarter. Meitav Investment House Ltd.’s holdings in Booking were worth $6,724,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Fidelis Capital Partners LLC lifted its stake in shares of Booking by 1.2% in the first quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after acquiring an additional 2 shares in the last quarter. WNY Asset Management LLC increased its holdings in Booking by 3.7% during the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock worth $258,000 after purchasing an additional 2 shares during the last quarter. Gries Financial LLC raised its position in shares of Booking by 1.6% in the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock valued at $576,000 after purchasing an additional 2 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its stake in shares of Booking by 0.5% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,854,000 after buying an additional 2 shares during the last quarter. Finally, Nicolet Advisory Services LLC boosted its stake in shares of Booking by 0.8% during the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock valued at $1,070,000 after buying an additional 2 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Price Performance

Shares of NASDAQ BKNG opened at $5,419.87 on Tuesday. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The firm has a market capitalization of $175.66 billion, a PE ratio of 37.69, a P/E/G ratio of 1.56 and a beta of 1.35. The business’s fifty day moving average price is $5,519.78 and its two-hundred day moving average price is $5,313.02.

Booking (NASDAQ:BKNG) last released 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 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Equities research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

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

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Evercore ISI upped their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Wedbush restated a “neutral” rating and issued a $5,900.00 target price on shares of Booking in a research note on Wednesday, July 30th. Mizuho started coverage on Booking in a research note on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 price target for the company. Weiss Ratings restated a “buy (b+)” rating on shares of Booking in a research note on Saturday, September 27th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $5,750.00 target price (up previously from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

Insider Activity at Booking

In other news, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 131 shares of the company’s stock, valued at approximately $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the completion of the sale, the director directly owned 747 shares of the company’s stock, valued at $4,108,500. The trade was a 1.97% decrease in their position. 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 in the last three months. 0.16% of the stock is owned by company insiders.

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.