Allegiance Financial Group Advisory Services LLC Has $324,000 Stock Holdings in Booking Holdings Inc. $BKNG

Allegiance Financial Group Advisory Services LLC lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 22.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56 shares of the business services provider’s stock after selling 16 shares during the period. Allegiance Financial Group Advisory Services LLC’s holdings in Booking were worth $324,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BKNG. Pacer Advisors Inc. grew its holdings in Booking by 1,411.9% during the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock valued at $516,900,000 after purchasing an additional 104,780 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Booking by 79.4% in the first quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock worth $695,259,000 after acquiring an additional 68,243 shares during the last quarter. TD Asset Management Inc grew its stake in shares of Booking by 182.2% in the first quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock worth $482,081,000 after acquiring an additional 67,562 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Booking by 27.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock worth $836,223,000 after acquiring an additional 39,523 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Booking by 19.7% in the first quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider’s stock worth $983,707,000 after acquiring an additional 35,171 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. 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 research note on Wednesday, July 30th. Cantor Fitzgerald restated a “neutral” rating on shares of Booking in a research note on Wednesday, July 30th. Wells Fargo & Company raised their price objective on shares of Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a research note on Monday. B. Riley restated a “buy” rating and issued a $6,700.00 price objective (up previously from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. Finally, BTIG Research restated a “buy” rating and issued a $6,250.00 price objective on shares of Booking in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and an average price target of $5,808.81.

Booking Price Performance

Shares of BKNG stock opened at $5,131.23 on Thursday. The stock has a market cap of $166.30 billion, a P/E ratio of 35.69, a price-to-earnings-growth ratio of 1.51 and a beta of 1.35. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The stock has a fifty day moving average price of $5,503.17 and a 200 day moving average price of $5,311.28.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating 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 negative return on equity of 134.19% and a net margin of 19.23%.The business’s revenue was up 16.0% on a year-over-year basis. During the same period last year, the business earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

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

Insider Buying and Selling at Booking

In related news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 24,620 shares of the company’s stock, valued at $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 transaction, the director owned 747 shares in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,195 shares of company stock valued at $23,467,630. 0.16% of the stock is currently owned by company 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.