Ballentine Partners LLC Has $2.83 Million Stake in Booking Holdings Inc. $BKNG

Ballentine Partners LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 0.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 488 shares of the business services provider’s stock after purchasing an additional 2 shares during the quarter. Ballentine Partners LLC’s holdings in Booking were worth $2,825,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Booking by 1.0% in the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock valued at $13,620,154,000 after acquiring an additional 30,054 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Booking by 521,609.7% in the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock valued at $10,887,718,000 after acquiring an additional 2,362,892 shares during the last quarter. Northern Trust Corp increased its position in shares of Booking by 0.5% in the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock valued at $1,706,063,000 after acquiring an additional 1,699 shares during the last quarter. Deutsche Bank AG increased its position in shares of Booking by 6.6% in the first quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock valued at $1,365,170,000 after acquiring an additional 18,268 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Booking by 3.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider’s stock valued at $1,023,655,000 after acquiring an additional 8,015 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 0.3%

Booking stock opened at $5,525.60 on Thursday. Booking Holdings Inc. has a 12 month low of $4,060.98 and a 12 month high of $5,839.41. The stock’s 50 day moving average is $5,558.70 and its 200-day moving average is $5,248.07. The company has a market capitalization of $179.08 billion, a price-to-earnings ratio of 38.43, a PEG ratio of 1.59 and a beta of 1.39.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company 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 earned $41.90 earnings per share. The firm’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, equities research analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently issued reports on BKNG shares. BMO Capital Markets reaffirmed an “outperform” rating and issued a $6,000.00 target price (up previously from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Wedbush reaffirmed a “neutral” rating and issued a $5,900.00 target price on shares of Booking in a research report on Wednesday, July 30th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. B. Riley reissued a “buy” rating and set a $6,700.00 target price (up from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Finally, Royal Bank Of Canada increased their price target on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,808.81.

Insider Activity at Booking

In related news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares in the company, valued at approximately $130,237,930.44. The trade was a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director owned 131 shares of the company’s stock, valued at approximately $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,195 shares of company stock worth $23,467,630. Company insiders own 0.16% of the company’s stock.

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.