Booking Holdings Inc. $BKNG Position Raised by Swiss National Bank

Swiss National Bank grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 94,604 shares of the business services provider’s stock after acquiring an additional 5,790 shares during the quarter. Swiss National Bank’s holdings in Booking were worth $398,313,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Daytona Street Capital LLC acquired a new stake in shares of Booking in the 4th quarter worth about $27,000. Legacy Bridge LLC acquired a new position in Booking during the 4th quarter valued at about $27,000. Camelot Portfolios LLC acquired a new position in Booking during the 4th quarter valued at about $27,000. Osbon Capital Management LLC acquired a new position in Booking during the 4th quarter valued at about $27,000. Finally, Mcguire Capital Advisors Inc. bought a new position in Booking in the 4th quarter worth about $27,000. Institutional investors own 92.42% of the company’s stock.

Trending Headlines about Booking

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Wedbush initiated coverage on Booking Holdings with an “outperform” rating and a $211 price target, implying meaningful upside from current levels and suggesting Wall Street still sees room for the stock to recover. Wedbush initiates coverage on Booking
• Neutral Sentiment: Erste Group slightly lowered its FY2026 EPS estimate for Booking to $10.39 from $10.42, a small reduction but still close to the consensus estimate of $10.43, so the change was not a major earnings shock.
• Negative Sentiment: Recent articles noted that Booking fell more than the broader market, indicating traders were selling the stock alongside a weaker tape and possibly taking profits after its strong run. Why Booking Holdings fell more than broader market

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company set a $214.00 price target on shares of Booking and gave the company an “equal weight” rating in a research note on Tuesday, June 30th. Royal Bank Of Canada reduced their price objective on Booking from $244.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Weiss Ratings raised Booking from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Cantor Fitzgerald restated a “neutral” rating and issued a $175.00 target price (down from $180.00) on shares of Booking in a research report on Wednesday, April 29th. Finally, The Goldman Sachs Group cut their target price on Booking from $226.00 to $223.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Booking presently has an average rating of “Moderate Buy” and a consensus target price of $227.29.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $181.68 on Friday. Booking Holdings Inc. has a 1 year low of $150.14 and a 1 year high of $231.80. The firm has a market cap of $140.78 billion, a P/E ratio of 23.90, a PEG ratio of 1.09 and a beta of 1.07. The stock has a fifty day moving average price of $169.88 and a two-hundred day moving average price of $178.97.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. The company had revenue of $5.53 billion for the quarter, compared to the consensus estimate of $5.52 billion. Booking had a negative return on equity of 117.14% and a net margin of 22.23%.The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.99 EPS. On average, research analysts predict that Booking Holdings Inc. will post 10.45 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, June 5th. Booking’s payout ratio is presently 22.11%.

Insider Buying and Selling

In other Booking news, VP Peter J. Millones sold 62,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $163.67, for a total value of $10,229,375.00. Following the sale, the vice president directly owned 425,075 shares in the company, valued at approximately $69,572,025.25. The trade was a 12.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.16% of the company’s stock.

About Booking

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.