Maryland State Retirement & Pension System raised its stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 13.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,413 shares of the business services provider’s stock after buying an additional 5,513 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Booking were worth $7,724,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of Booking during the 2nd quarter valued at $11,646,302,000. State Street Corp increased its stake in shares of Booking by 2,674.6% in the second quarter. State Street Corp now owns 39,420,711 shares of the business services provider’s stock worth $7,026,348,000 after acquiring an additional 37,999,915 shares during the last quarter. Bank of Nova Scotia increased its stake in shares of Booking by 1,497.3% in the first quarter. Bank of Nova Scotia now owns 870,520 shares of the business services provider’s stock worth $3,665,168,000 after acquiring an additional 816,022 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Booking during the second quarter worth $1,691,186,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Booking during the second quarter worth $1,370,455,000. Institutional investors and hedge funds own 92.42% of the company’s stock.
Insider Buying and Selling
In other news, insider Paulo Pisano sold 1,500 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $163.06, for a total transaction of $244,590.00. Following the completion of the sale, the insider owned 70,400 shares in the company, valued at approximately $11,479,424. This represents a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Wittman sold 375 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $211.00, for a total value of $79,125.00. Following the sale, the director owned 16,133 shares of the company’s stock, valued at approximately $3,404,063. This trade represents a 2.27% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,425 shares of company stock worth $11,783,564 over the last ninety days. 0.17% of the stock is currently owned by corporate insiders.
Booking Trading Up 0.6%
Booking stock opened at $161.20 on Friday. Booking Holdings Inc. has a 1-year low of $146.28 and a 1-year high of $220.81. The firm’s fifty day simple moving average is $163.37 and its 200-day simple moving average is $175.25. The company has a market capitalization of $119.88 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.02 and a beta of 1.17.
Booking (NASDAQ:BKNG – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $4.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.49 by $0.17. The firm had revenue of $9.79 billion during the quarter, compared to analysts’ expectations of $9.55 billion. Booking had a net margin of 25.52% and a negative return on equity of 89.54%. Booking’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $99.50 earnings per share. On average, equities research analysts predict that Booking Holdings Inc. will post 10.26 earnings per share for the current year.
Booking Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 11th will be given a $0.42 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.0%. Booking’s payout ratio is currently 18.12%.
Booking News Roundup
Investors following BKNG have been watching these news items:
- Positive Sentiment: KeyCorp raised its 2026 EPS forecast to $10.62 from $10.42, above the cited consensus estimate of $10.26. MarketBeat report
- Positive Sentiment: A comparison with Target highlighted Booking’s online travel market position, high net margins and double-digit revenue growth—supportive fundamentals for investors considering the stock’s longer-term prospects. Booking Holdings vs. Target article
- Neutral Sentiment: Trefis published an update on how Booking’s investment story has changed, but the available article details do not specify its conclusions or a clear stock catalyst. How Has Booking Holdings’ Story Changed?
Wall Street Analysts Forecast Growth
BKNG has been the subject of a number of research reports. TD Cowen raised Booking to a “strong-buy” rating in a research report on Monday, September 14th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $175.00 target price on shares of Booking in a research report on Wednesday, November 4th. UBS Group cut their price target on Booking from $274.00 to $265.00 and set a “buy” rating for the company in a research note on Tuesday, November 3rd. B. Riley Financial reduced their price target on Booking from $274.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, November 4th. Finally, Robert W. Baird set a $230.00 price target on Booking in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $222.35.
Get Our Latest Research Report on BKNG
Booking Profile
Booking Holdings Inc. is an online travel company that connects travelers with accommodations and other travel services. Through its digital platforms, customers can search for and book hotels, vacation rentals, flights, rental cars, attractions and other travel experiences. The company operates a portfolio of consumer brands, including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. Its services span accommodation reservations, travel search and comparison, car rentals, and restaurant reservations.
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