Booking Holdings Inc. $BKNG Shares Sold by Boston Trust Walden Corp

Key Points

• Boston Trust Walden Corp reduced its stake in Booking Holdings Inc. by 5.5%, now owning 10,721 shares valued at approximately $62 million.
• Booking's stock experienced a 1.7% increase recently, with a current market price of $5,253.85 and a market cap of $170.28 billion.
• The company declared a $9.60 quarterly dividend, with an annualized yield of 0.7%, and a payout ratio of 26.71%.

Boston Trust Walden Corp lessened its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,721 shares of the business services provider's stock after selling 629 shares during the period. Boston Trust Walden Corp's holdings in Booking were worth $62,066,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BKNG. Wealth Preservation Advisors LLC acquired a new position in shares of Booking in the 1st quarter valued at $28,000. Atwood & Palmer Inc. acquired a new position in shares of Booking in the 2nd quarter valued at $29,000. Keystone Global Partners LLC acquired a new position in shares of Booking in the 1st quarter valued at $32,000. O Brien Wealth Partners LLC acquired a new position in shares of Booking in the 2nd quarter valued at $35,000. Finally, First PREMIER Bank boosted its stake in Booking by 100.0% during the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider's stock worth $35,000 after purchasing an additional 3 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Insider Buying and Selling at Booking

In related news, Director Larry Quinlan sold 64 shares of the firm's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the sale, the director directly owned 131 shares in the company, valued at approximately $722,045.80. This trade represents a 32.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Vanessa Ames Wittman sold 15 shares of the business's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total value of $82,500.00. Following the transaction, the director directly owned 747 shares in the company, valued at $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,169 shares of company stock valued at $11,929,560 over the last three months. 0.16% of the stock is owned by company insiders.

Booking Stock Up 1.7%

NASDAQ:BKNG opened at $5,253.85 on Tuesday. The company has a market cap of $170.28 billion, a P/E ratio of 36.54, a P/E/G ratio of 1.60 and a beta of 1.35. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The firm's 50 day moving average is $5,488.05 and its two-hundred day moving average is $5,329.42.

Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping analysts' consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion for 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%. Booking's revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on BKNG shares. Morgan Stanley set a $5,650.00 price objective on shares of Booking and gave the stock an "equal weight" rating in a research report on Wednesday, July 30th. Susquehanna upped their price objective on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. Piper Sandler restated a "neutral" rating and set a $5,750.00 price objective (up previously from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Royal Bank Of Canada raised their price objective on shares of Booking from $5,900.00 to $6,100.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Finally, Truist Financial raised their target price on shares of Booking from $4,720.00 to $5,630.00 and gave the company a "hold" rating in a report on Monday, July 14th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Booking presently has an average rating of "Moderate Buy" and an average 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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