NorthRock Partners LLC boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 12.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 494 shares of the business services provider’s stock after buying an additional 56 shares during the quarter. NorthRock Partners LLC’s holdings in Booking were worth $2,860,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. boosted its stake in Booking by 23.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,714 shares of the business services provider’s stock valued at $15,713,000 after buying an additional 516 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Booking by 0.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 2,850 shares of the business services provider’s stock valued at $16,499,000 after buying an additional 10 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Booking by 20.0% during the second quarter. Sequoia Financial Advisors LLC now owns 1,052 shares of the business services provider’s stock valued at $6,090,000 after buying an additional 175 shares in the last quarter. Vest Financial LLC boosted its position in shares of Booking by 0.7% in the 2nd quarter. Vest Financial LLC now owns 9,090 shares of the business services provider’s stock valued at $52,624,000 after purchasing an additional 61 shares during the period. Finally, Lion Street Advisors LLC boosted its position in shares of Booking by 6.3% in the 2nd quarter. Lion Street Advisors LLC now owns 51 shares of the business services provider’s stock valued at $295,000 after purchasing an additional 3 shares during the period. Institutional investors own 92.42% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on BKNG shares. BMO Capital Markets reiterated an “outperform” rating and issued a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Cantor Fitzgerald restated a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. B. Riley restated a “buy” rating and set a $6,700.00 price objective (up from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Weiss Ratings restated a “buy (b+)” rating on shares of Booking in a research report on Saturday, September 27th. Finally, Morgan Stanley set a $5,650.00 price objective on Booking and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.
Booking Price Performance
BKNG opened at $5,164.93 on Monday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The business has a 50-day moving average of $5,492.50 and a 200-day moving average of $5,325.09. The company has a market capitalization of $167.40 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.60 and a beta of 1.35.
Booking (NASDAQ:BKNG – Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same period last year, the business earned $41.90 EPS. The business’s quarterly revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.
Booking Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid 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 of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is presently 26.71%.
Insider Activity at Booking
In related news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total value of $82,500.00. Following the transaction, the director directly owned 747 shares of the company’s stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the transaction, the director directly owned 195 shares in the company, valued at $1,089,486.45. The trade was a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,195 shares of company stock valued at $23,467,630. Corporate insiders own 0.16% of the company’s stock.
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.
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