Warren Street Wealth Advisors LLC Raises Position in Booking Holdings Inc. $BKNG

Warren Street Wealth Advisors LLC raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.3% during the second quarter, HoldingsChannel reports. The firm owned 75 shares of the business services provider’s stock after buying an additional 7 shares during the quarter. Warren Street Wealth Advisors LLC’s holdings in Booking were worth $434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Booking by 1.0% during the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock worth $13,620,154,000 after buying an additional 30,054 shares during the period. Northern Trust Corp boosted its stake in 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 buying an additional 1,699 shares during the period. Deutsche Bank AG boosted its stake in Booking by 6.6% during the first 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. boosted its stake in Booking by 3.7% during the first 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, Ninety One UK Ltd boosted its stake in Booking by 1.1% during the second quarter. Ninety One UK Ltd now owns 218,016 shares of the business services provider’s stock worth $1,262,147,000 after buying an additional 2,418 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated 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 transaction, the chief executive officer owned 23,607 shares in the company, valued at $130,237,930.44. The trade was a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction dated 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 transaction, the director owned 131 shares in the company, valued at $722,045.80. This trade represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock worth $23,467,630 over the last three months. 0.16% of the stock is owned by corporate insiders.

Booking Price Performance

BKNG stock opened at $5,350.56 on Thursday. The business has a 50-day moving average price of $5,533.75 and a 200 day moving average price of $5,285.05. The company has a market capitalization of $173.41 billion, a P/E ratio of 37.21, a PEG ratio of 1.56 and a beta of 1.35. Booking Holdings Inc. has a 1-year low of $4,060.98 and a 1-year high of $5,839.41.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the company posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal 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 issued a $9.60 dividend. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking’s payout ratio is presently 26.71%.

Analysts Set New Price Targets

BKNG has been the subject of several recent analyst reports. Truist Financial lifted their price objective on shares of Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research note on Monday, July 14th. Piper Sandler reiterated a “neutral” rating and set a $5,750.00 target price (up from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Morgan Stanley set a $5,650.00 target price on Booking and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. Finally, Bank of America lifted their target price on Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5,807.89.

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.