Booking Holdings Inc. $BKNG Stock: Eurizon Capital SGR S.p.A. Cuts Stake

Eurizon Capital SGR S.p.A. lowered its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 966,282 shares of the business services provider’s stock after selling 111,631 shares during the quarter. Eurizon Capital SGR S.p.A. owned approximately 0.13% of Booking worth $157,361,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Booking during the second quarter valued at approximately $11,646,302,000. State Street Corp raised its position in Booking by 2,674.6% in the second quarter. State Street Corp now owns 39,420,711 shares of the business services provider’s stock worth $7,026,348,000 after acquiring an additional 37,999,915 shares during the period. Deutsche Bank AG bought a new position in Booking in the second quarter worth approximately $1,691,186,000. Bank of New York Mellon Corp purchased a new position in shares of Booking during the 2nd quarter worth $1,370,455,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Booking by 2,525.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,101,866 shares of the business services provider’s stock worth $1,087,597,000 after acquiring an additional 5,869,459 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking News Summary

These are some of the BKNG news items that stood out recently:

• Positive Sentiment: KeyCorp raised its 2026 EPS forecast to $10.62 from $10.42, above the cited consensus estimate of $10.26. MarketBeat report
• Neutral Sentiment: Trefis published an update on how Booking’s investment story has changed, but the available article details do not specify its conclusions or a clear stock catalyst. How Has Booking Holdings’ Story Changed?
• Negative Sentiment: KeyCorp cut its Q4 2026 EPS estimate to $2.10 from $2.35 and reduced forecasts for FY2027 ($11.56 from $12.13) and FY2028 ($13.37 from $14.78), signaling weaker expectations beyond 2026. MarketBeat report

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Evercore restated an “outperform” rating and issued a $270.00 price objective on shares of Booking in a research note on Monday, August 24th. JPMorgan Chase & Co. lowered their target price on Booking from $248.00 to $205.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 4th. Citigroup reissued an “outperform” rating on shares of Booking in a report on Wednesday, November 4th. Sanford C. Bernstein reissued a “market perform” rating and set a $188.00 price target on shares of Booking in a report on Wednesday, August 26th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $175.00 price target on shares of Booking in a research report on Wednesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average target price of $222.35.

Insiders Place Their Bets

In other Booking news, insider Paulo Pisano sold 1,500 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $163.06, for a total value of $244,590.00. Following the completion of the sale, the insider owned 70,400 shares in the company, valued at approximately $11,479,424. This represents a 2.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Peter Millones, Jr. sold 50,050 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $207.59, for a total value of $10,389,879.50. Following the sale, the vice president directly owned 375,025 shares in the company, valued at approximately $77,851,439.75. This represents a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 57,425 shares of company stock worth $11,783,564. 0.17% of the stock is currently owned by corporate insiders.

Booking Price Performance

BKNG opened at $161.20 on Friday. The firm has a market cap of $119.88 billion, a P/E ratio of 17.39, a PEG ratio of 1.02 and a beta of 1.17. Booking Holdings Inc. has a 1-year low of $146.28 and a 1-year high of $220.81. The company has a 50 day simple moving average of $163.37 and a two-hundred day simple moving average of $175.25.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $4.66 EPS for the quarter, beating the consensus estimate of $4.49 by $0.17. The firm had revenue of $9.79 billion for the quarter, compared to the consensus estimate of $9.55 billion. Booking had a net margin of 25.52% and a negative return on equity of 89.54%. The company’s revenue was down 1.2% on a year-over-year basis. During the same period last year, the firm earned $99.50 EPS. Equities analysts anticipate that Booking Holdings Inc. will post 10.26 earnings per share for the current year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 11th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $1.68 annualized dividend and a yield of 1.0%. Booking’s dividend payout ratio is currently 18.12%.

About Booking

Booking Holdings Inc. is an online travel company that connects travelers with accommodations and other travel services. Through its digital platforms, customers can search for and book hotels, vacation rentals, flights, rental cars, attractions and other travel experiences. The company operates a portfolio of consumer brands, including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. Its services span accommodation reservations, travel search and comparison, car rentals, and restaurant reservations.