Booking Holdings Inc. $BKNG Shares Bought by Bey Douglas LLC

Key Points

• Bey Douglas LLC increased its stake in Booking Holdings Inc. by 41.5% in Q2, owning 1,956 shares valued at approximately $11.3 million.
• Booking's Q2 earnings report disclosed earnings per share of $55.40, surpassing estimates by $5.08, with a revenue increase of 16.0% year-over-year.
• The company declared a quarterly dividend of $9.60 per share, which equates to an annualized dividend yield of 0.7%.

Bey Douglas LLC grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 41.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,956 shares of the business services provider's stock after buying an additional 574 shares during the period. Booking accounts for about 6.8% of Bey Douglas LLC's portfolio, making the stock its 4th biggest holding. Bey Douglas LLC's holdings in Booking were worth $11,321,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Aberdeen Group plc boosted its stake in Booking by 5.6% in the 2nd quarter. Aberdeen Group plc now owns 27,149 shares of the business services provider's stock valued at $155,193,000 after purchasing an additional 1,434 shares during the period. Zullo Investment Group Inc. bought a new stake in Booking in the 2nd quarter valued at $203,000. PDS Planning Inc boosted its stake in Booking by 28.8% in the 2nd 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 period. Gunderson Capital Management Inc. bought a new stake in Booking in the 2nd quarter valued at $3,850,000. Finally, Blue Trust Inc. boosted its stake in Booking by 9.3% in the 2nd 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 period. 92.42% of the stock is currently owned by institutional investors.

Booking Price Performance

Shares of NASDAQ BKNG opened at $5,164.93 on Friday. The stock has a market capitalization of $167.40 billion, a PE ratio of 35.92, a P/E/G ratio of 1.61 and a beta of 1.35. The business has a fifty day moving average price of $5,492.50 and a two-hundred day moving average price of $5,317.27. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The firm had revenue of $6.80 billion during the quarter, compared to analysts' expectations of $6.54 billion. During the same period in the previous year, the firm earned $41.90 EPS. The company's quarterly revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were issued a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking's payout ratio is 26.71%.

Insider Transactions at Booking

In other news, Director Larry Quinlan sold 64 shares of the business's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the completion of the transaction, the director owned 195 shares of the company's stock, valued at approximately $1,089,486.45. The trade was a 24.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the business's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value 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. This trade represents a 3.95% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,195 shares of company stock valued at $23,467,630. Corporate insiders own 0.16% of the company's stock.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several recent research reports. 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. Wells Fargo & Company boosted their price target on Booking from $5,418.00 to $5,443.00 and gave the company an "equal weight" rating in a research note on Monday. Benchmark restated a "buy" rating and issued a $6,200.00 price target (up from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. BTIG Research restated a "buy" rating and issued a $6,250.00 price target on shares of Booking in a research note on Wednesday. Finally, Piper Sandler reaffirmed a "neutral" rating and issued a $5,750.00 price objective (up from $5,077.00) on shares of Booking in a report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Booking has a consensus rating of "Moderate Buy" and a consensus price target of $5,808.81.

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.

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