Booking Holdings Inc. $BKNG Position Increased by Credit Agricole S A

Key Points

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Credit Agricole S A increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 8.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,262 shares of the business services provider's stock after purchasing an additional 2,965 shares during the period. Booking accounts for 0.5% of Credit Agricole S A's investment portfolio, making the stock its 27th largest holding. Credit Agricole S A owned 0.11% of Booking worth $171,663,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Keystone Global Partners LLC acquired a new stake in shares of Booking in the 1st quarter worth $32,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Booking in the 4th quarter worth $40,000. Alpine Bank Wealth Management acquired a new stake in shares of Booking in the 1st quarter worth $41,000. Minot DeBlois Advisors LLC acquired a new stake in shares of Booking in the 4th quarter worth $50,000. Finally, North Capital Inc. acquired a new stake in shares of Booking in the 1st quarter worth $46,000. Institutional investors and hedge funds own 92.42% of the company's stock.

Booking Stock Performance

NASDAQ:BKNG traded up $10.13 during mid-day trading on Friday, hitting $5,720.87. 195,538 shares of the company's stock traded hands, compared to its average volume of 209,657. The firm's 50 day simple moving average is $5,577.51 and its 200 day simple moving average is $5,152.49. Booking Holdings Inc. has a 1 year low of $3,700.97 and a 1 year high of $5,839.41. The company has a market cap of $185.41 billion, a PE ratio of 39.79, a price-to-earnings-growth ratio of 1.65 and a beta of 1.41.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 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 net margin of 19.23% and a negative return on equity of 134.19%. The company's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, research analysts expect 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 will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be given a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking's payout ratio is 26.71%.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several recent analyst reports. Royal Bank Of Canada raised their target price on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Piper Sandler reiterated a "neutral" rating and issued a $5,750.00 price objective (up previously from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price objective on shares of Booking and gave the company an "equal weight" rating in a research note on Wednesday, July 30th. Hsbc Global Res upgraded shares of Booking to a "strong-buy" rating in a research note on Thursday, July 17th. Finally, B. Riley reiterated a "buy" rating and issued a $6,700.00 price objective (up previously from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $5,781.04.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of Booking 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 transaction, the chief executive officer directly owned 24,620 shares of the company's stock, valued at $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold 4,052 shares of company stock worth $22,511,858 over the last 90 days. Insiders own 0.16% of the company's stock.

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.