ORG Partners LLC Grows Stake in Booking Holdings Inc. $BKNG

ORG Partners LLC raised its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 320.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21 shares of the business services provider’s stock after purchasing an additional 16 shares during the quarter. ORG Partners LLC’s holdings in Booking were worth $120,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Booking by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock worth $13,620,154,000 after acquiring an additional 30,054 shares during the period. Northern Trust Corp lifted its position in shares of Booking by 0.5% during the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock worth $1,706,063,000 after purchasing an additional 1,699 shares in the last quarter. Deutsche Bank AG increased its stake in Booking by 6.6% during the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock worth $1,365,170,000 after buying an additional 18,268 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Booking by 3.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider’s stock worth $1,023,655,000 after buying an additional 8,015 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Booking by 19.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider’s stock worth $983,707,000 after buying an additional 35,171 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Down 0.5%

Shares of NASDAQ BKNG opened at $5,548.00 on Monday. Booking Holdings Inc. has a twelve month low of $4,060.98 and a twelve month high of $5,839.41. The company has a market capitalization of $179.81 billion, a price-to-earnings ratio of 38.58, a price-to-earnings-growth ratio of 1.60 and a beta of 1.39. The business has a 50 day simple moving average of $5,553.44 and a 200-day simple moving average of $5,276.88.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The firm had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the previous year, the company posted $41.90 earnings per share. The firm’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Erste Group Bank upgraded Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Cantor Fitzgerald reissued a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. Morgan Stanley set a $5,650.00 target price on Booking and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Susquehanna upped their target price on Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 4th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $5,808.81.

Insider Buying and Selling

In other news, Director Vanessa Ames Wittman sold 15 shares of the company’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 transaction of $82,500.00. Following the completion of the transaction, the director directly owned 747 shares of the company’s stock, valued at approximately $4,108,500. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 23,607 shares of the company’s stock, valued at $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. 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 over the last quarter. 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.