VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 12,851 Booking Holdings Inc. $BKNG

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,851 shares of the business services provider’s stock, valued at approximately $74,398,000.

Several other institutional investors also recently modified their holdings of BKNG. Signature Estate & Investment Advisors LLC boosted its position in shares of Booking by 15.9% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 102 shares of the business services provider’s stock worth $591,000 after purchasing an additional 14 shares in the last quarter. Quotient Wealth Partners LLC increased its position in Booking by 18.2% during the 2nd quarter. Quotient Wealth Partners LLC now owns 130 shares of the business services provider’s stock valued at $750,000 after buying an additional 20 shares in the last quarter. Aspiriant LLC raised its stake in Booking by 31.5% during the second quarter. Aspiriant LLC now owns 71 shares of the business services provider’s stock valued at $411,000 after buying an additional 17 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Booking by 30.2% in the second quarter. Stratos Wealth Partners LTD. now owns 677 shares of the business services provider’s stock worth $3,920,000 after acquiring an additional 157 shares in the last quarter. Finally, Angeles Wealth Management LLC grew its stake in shares of Booking by 11.2% in the second quarter. Angeles Wealth Management LLC now owns 238 shares of the business services provider’s stock worth $1,378,000 after acquiring an additional 24 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Up 2.4%

Shares of NASDAQ BKNG opened at $5,070.02 on Friday. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The firm has a market capitalization of $164.32 billion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. The firm has a 50 day moving average of $5,459.08 and a 200 day moving average of $5,336.87.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (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 analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts predict 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. Stockholders of record on Friday, September 5th were given a dividend of $9.60 per share. The ex-dividend date was Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.8%. Booking’s dividend payout ratio (DPR) is presently 26.71%.

Insider Transactions at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the sale, the chief executive officer owned 23,607 shares in the company, valued at $130,237,930.44. The trade was a 4.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total value of $79,379.70. Following the completion of the sale, the director owned 732 shares in the company, valued at $3,873,729.36. This represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. B. Riley reiterated a “buy” rating and issued a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. BTIG Research reiterated a “buy” rating and set a $6,250.00 price target on shares of Booking in a report on Wednesday, October 8th. Morgan Stanley set a $5,650.00 price target on shares of Booking and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Hsbc Global Res raised Booking to a “strong-buy” rating in a research report on Thursday, July 17th. Finally, Bank of America lifted their target price on Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

Booking Company 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.