Trust Co. of Toledo NA OH Sells 27 Shares of Booking Holdings Inc. $BKNG

Trust Co. of Toledo NA OH reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 478 shares of the business services provider’s stock after selling 27 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Booking were worth $2,767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BKNG. Aberdeen Group plc raised its position in shares of Booking by 5.6% during the 2nd quarter. Aberdeen Group plc now owns 27,149 shares of the business services provider’s stock valued at $155,193,000 after acquiring an additional 1,434 shares during the last quarter. Zullo Investment Group Inc. bought a new stake in Booking in the second quarter valued at about $203,000. PDS Planning Inc increased its holdings in Booking by 28.8% in the second quarter. PDS Planning Inc now owns 282 shares of the business services provider’s stock valued at $1,633,000 after purchasing an additional 63 shares during the last quarter. Gunderson Capital Management Inc. bought a new stake in Booking in the second quarter valued at about $3,850,000. Finally, Blue Trust Inc. increased its holdings in Booking by 9.3% in the second quarter. Blue Trust Inc. now owns 106 shares of the business services provider’s stock valued at $614,000 after purchasing an additional 9 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

BKNG has been the subject of a number of recent analyst reports. Truist Financial upped their price target on Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a research note on Monday, July 14th. UBS Group upped their target price on shares of Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Wells Fargo & Company upped their target price on shares of Booking from $5,418.00 to $5,443.00 and gave the company an “equal weight” rating in a research note on Monday. Susquehanna upped their target price on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Finally, Wedbush restated a “neutral” rating and issued a $5,900.00 price objective on shares of Booking in a research report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Booking Trading Down 0.5%

BKNG stock opened at $5,164.93 on Friday. The stock has a 50-day moving average price of $5,492.50 and a two-hundred day moving average price of $5,317.27. The stock has a market cap of $167.40 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.61 and a beta of 1.35. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The business 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%.Booking’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period last year, the company earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were paid a dividend of $9.60 per share. This represents a $38.40 annualized dividend 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 currently 26.71%.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm’s 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 completion of the transaction, the director owned 747 shares of the company’s stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the transaction, the chief executive officer owned 24,620 shares of the company’s stock, valued at $134,841,031.80. The trade was a 3.95% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,195 shares of company stock valued at $23,467,630. Corporate 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.