Booking Holdings Inc. $BKNG Shares Purchased by Segment Wealth Management LLC

Segment Wealth Management LLC lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 3.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 418 shares of the business services provider’s stock after acquiring an additional 15 shares during the quarter. Segment Wealth Management LLC’s holdings in Booking were worth $2,420,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Fidelis Capital Partners LLC lifted its holdings in shares of Booking by 1.2% in the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after acquiring an additional 2 shares during the last quarter. WNY Asset Management LLC lifted its holdings in shares of Booking by 3.7% in the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock worth $258,000 after acquiring an additional 2 shares during the last quarter. Gries Financial LLC lifted its holdings in shares of Booking by 1.6% in the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after acquiring an additional 2 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of Booking by 0.5% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after acquiring an additional 2 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its holdings in shares of Booking by 0.8% in the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after acquiring an additional 2 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Trading Down 0.1%

Shares of NASDAQ:BKNG opened at $5,418.05 on Friday. Booking Holdings Inc. has a 52 week low of $4,096.23 and a 52 week high of $5,839.41. The company’s 50 day moving average is $5,524.95 and its two-hundred day moving average is $5,297.52. The company has a market cap of $175.60 billion, a PE ratio of 37.68, a P/E/G ratio of 1.56 and a beta of 1.35.

Booking (NASDAQ:BKNG) last announced 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 net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. During the same period in the prior year, the firm posted $41.90 EPS. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The business 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. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is 26.71%.

Analysts Set New Price Targets

Several brokerages have recently commented on BKNG. Barclays upped their price objective on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Bank of America upped their target price on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research note on Thursday, July 17th. Piper Sandler reaffirmed a “neutral” rating and set a $5,750.00 target price (up from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Finally, Susquehanna upped their target price on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. Three 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $5,807.89.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction on 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 of the company’s stock, valued at $4,108,500. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Larry Quinlan sold 64 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the completion of the transaction, the director directly owned 195 shares in the company, valued at $1,089,486.45. This trade represents a 24.71% 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. Insiders own 0.16% of the company’s stock.

Booking 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.