Kintegral Advisory LLC Lowers Stock Holdings in Booking Holdings Inc. $BKNG

Kintegral Advisory LLC reduced its position in Booking Holdings Inc. (NASDAQ:BKNG) by 0.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,002 shares of the business services provider’s stock after selling 2 shares during the period. Kintegral Advisory LLC’s holdings in Booking were worth $5,801,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised 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 last quarter. Northern Trust Corp raised its holdings in Booking by 0.5% in the 1st quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock worth $1,706,063,000 after acquiring an additional 1,699 shares during the last quarter. Deutsche Bank AG raised its holdings in Booking by 6.6% in the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock worth $1,365,170,000 after acquiring an additional 18,268 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Booking by 3.7% in 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 acquiring an additional 8,015 shares during the last quarter. Finally, Ninety One UK Ltd grew its position in Booking by 1.1% in the 2nd quarter. Ninety One UK Ltd now owns 218,016 shares of the business services provider’s stock worth $1,262,147,000 after purchasing an additional 2,418 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Price Performance

Shares of BKNG stock opened at $5,164.93 on Monday. The company has a market cap of $167.40 billion, a price-to-earnings ratio of 35.92, a PEG ratio of 1.60 and a beta of 1.35. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The firm has a fifty day moving average price of $5,492.50 and a 200-day moving average price of $5,325.09.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping the consensus estimate of $50.32 by $5.08. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Equities research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were given a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio is 26.71%.

Analysts Set New Price Targets

A number of research firms have commented on BKNG. Wells Fargo & Company lifted their target price on shares of Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a research report on Monday, October 6th. Mizuho began coverage on shares of Booking in a research report on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 target price for the company. BTIG Research reaffirmed a “buy” rating and issued a $6,250.00 target price on shares of Booking in a research report on Wednesday, October 8th. Erste Group Bank raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Finally, Truist Financial lifted their target price on shares of Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research report on Monday, July 14th. Three equities 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 data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,808.81.

Insider Buying and Selling

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were 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 in the company, valued at $4,108,500. This represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the transaction, the director owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,195 shares of company stock valued at $23,467,630 in the last ninety days. 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.