211 Shares in Booking Holdings Inc. $BKNG Acquired by Teewinot Capital Advisers L.L.C.

Key Points

• Teewinot Capital Advisers L.L.C. has acquired 211 shares of Booking Holdings Inc. valued at approximately $972,000, as reported in their recent 13F filing.
• Booking Holdings reported a revenue of $6.80 billion in the last quarter, exceeding analyst estimates of $6.54 billion, with earnings per share of $55.40, beating expectations by $5.08.
• The company announced a quarterly dividend of $9.60 per share, with stockholders of record set to receive this payment on September 30th.

Teewinot Capital Advisers L.L.C. bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 211 shares of the business services provider's stock, valued at approximately $972,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Booking by 1.0% in 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 purchasing an additional 30,054 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Booking by 521,609.7% in the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock worth $10,887,718,000 after purchasing an additional 2,362,892 shares during the period. Northern Trust Corp grew its position in Booking by 0.5% in the 1st quarter. Northern Trust Corp now owns 370,327 shares of the business services provider's stock valued at $1,706,063,000 after buying an additional 1,699 shares in the last quarter. Deutsche Bank AG grew its position in Booking by 6.6% in the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider's stock valued at $1,365,170,000 after buying an additional 18,268 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Booking by 3.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider's stock valued at $1,023,655,000 after buying an additional 8,015 shares during the period. Institutional investors own 92.42% of the company's stock.

Insider Buying and Selling at Booking

In other news, CEO Glenn D. Fogel sold 1,013 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the sale, the chief executive officer owned 24,620 shares in the company, valued at $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 4,052 shares of company stock valued at $22,511,858 over the last quarter. Company insiders own 0.16% of the company's stock.

Booking Stock Down 1.4%

Shares of NASDAQ BKNG opened at $5,505.80 on Friday. The stock's fifty day simple moving average is $5,615.88 and its 200 day simple moving average is $5,198.75. The stock has a market capitalization of $178.44 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 1.59 and a beta of 1.39. Booking Holdings Inc. has a 52-week low of $3,700.97 and a 52-week high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating analysts' consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking's revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the company posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a $9.60 dividend. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking's dividend payout ratio (DPR) is 26.71%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Citigroup raised their price objective on shares of Booking from $5,560.00 to $6,500.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price target on Booking and gave the company an "equal weight" rating in a research note on Wednesday, July 30th. UBS Group lifted their price target on Booking from $5,750.00 to $6,300.00 and gave the company a "buy" rating in a research report on Monday, July 28th. BTIG Research reaffirmed a "buy" rating and set a $6,250.00 target price on shares of Booking in a research note on Thursday. Finally, Hsbc Global Res upgraded shares of Booking to a "strong-buy" rating in a research report on Thursday, July 17th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $5,808.81.

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.

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