Expedia Group, Inc. $EXPE Holdings Lifted by Marco Investment Management LLC

Marco Investment Management LLC raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,044 shares of the online travel company’s stock after purchasing an additional 412 shares during the quarter. Marco Investment Management LLC’s holdings in Expedia Group were worth $3,718,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in EXPE. Vanguard Group Inc. grew its holdings in Expedia Group by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock worth $2,555,424,000 after buying an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC raised its stake in Expedia Group by 20.2% during the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after acquiring an additional 398,804 shares in the last quarter. AQR Capital Management LLC boosted its position in Expedia Group by 174.0% during the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after acquiring an additional 917,192 shares during the period. Nuveen LLC acquired a new position in Expedia Group during the 1st quarter worth $227,174,000. Finally, Northern Trust Corp grew its stake in shares of Expedia Group by 4.4% in the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock worth $223,822,000 after purchasing an additional 55,575 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EXPE. Mizuho began coverage on shares of Expedia Group in a research note on Tuesday, September 30th. They set a “neutral” rating and a $240.00 price objective on the stock. Wedbush raised their target price on shares of Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft raised their target price on shares of Expedia Group from $185.00 to $235.00 and gave the company a “hold” rating in a research note on Friday. TD Cowen upped their price target on shares of Expedia Group from $205.00 to $220.00 and gave the stock a “hold” rating in a research note on Tuesday, October 21st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $244.03.

Expedia Group Stock Up 17.5%

EXPE stock opened at $258.25 on Friday. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $264.20. The firm has a market cap of $31.95 billion, a PE ratio of 31.65, a P/E/G ratio of 1.15 and a beta of 1.58. The firm has a 50 day simple moving average of $219.50 and a 200 day simple moving average of $192.05. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s payout ratio is presently 15.31%.

Insider Transactions at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total transaction of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company’s stock, valued at $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,816 shares of company stock valued at $2,009,132 over the last three months. Company insiders own 9.13% of the company’s stock.

Expedia Group Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.