Booking Holdings Inc. $BKNG Shares Purchased by Accretive Wealth Partners LLC

Accretive Wealth Partners LLC increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 370 shares of the business services provider’s stock after acquiring an additional 2 shares during the period. Accretive Wealth Partners LLC’s holdings in Booking were worth $2,143,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Eos Management L.P. acquired a new position in Booking during the 2nd quarter worth about $3,300,000. Forvis Mazars Wealth Advisors LLC acquired a new position in Booking during the 2nd quarter worth about $226,000. Crux Wealth Advisors lifted its stake in Booking by 29.0% during the 2nd quarter. Crux Wealth Advisors now owns 551 shares of the business services provider’s stock worth $3,192,000 after acquiring an additional 124 shares in the last quarter. Chicago Partners Investment Group LLC increased its holdings in Booking by 60.0% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 184 shares of the business services provider’s stock worth $1,056,000 after purchasing an additional 69 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Booking during the 2nd quarter worth about $74,398,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Mizuho assumed coverage on Booking in a report on Monday, September 29th. They set a “neutral” rating and a $5,975.00 price target on the stock. BMO Capital Markets restated an “outperform” rating and set a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Benchmark restated a “buy” rating and set a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Wells Fargo & Company upped their price target on Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a report on Monday, October 6th. Finally, Morgan Stanley set a $5,650.00 price target on Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Get Our Latest Stock Analysis on BKNG

Booking Stock Performance

BKNG opened at $5,070.02 on Monday. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The company has a market cap of $164.32 billion, a P/E ratio of 35.26, a PEG ratio of 1.57 and a beta of 1.35. The business’s 50-day simple moving average is $5,459.08 and its 200-day simple moving average is $5,343.06.

Booking (NASDAQ:BKNGGet Free Report) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating 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 business had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the prior year, the business posted $41.90 EPS. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. As a group, analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were given a $9.60 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.8%. Booking’s dividend payout ratio is 26.71%.

Insider Activity at Booking

In related news, CEO Glenn D. Fogel sold 625 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the completion of the sale, the chief executive officer directly owned 22,982 shares of the company’s stock, valued at $118,162,642.46. This represents a 2.65% 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 company’s stock in a transaction dated Wednesday, October 15th. The shares were 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 directly owned 732 shares of the company’s stock, valued at approximately $3,873,729.36. This trade represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,197 shares of company stock valued at $17,260,963 in the last three months. 0.16% of the stock is currently owned by company insiders.

Booking Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.