Caisse de depot et placement du Quebec Takes $229.85 Million Position in Booking Holdings Inc. $BKNG

Key Points

• Caisse de dépôt et placement du Québec bought 1.29 million Booking Holdings shares worth approximately $229.9 million, taking a 0.17% stake. Institutional investors and hedge funds collectively own 92.42% of the company.
• Booking reported stronger-than-expected quarterly results, with EPS of $2.54 and revenue of $7.35 billion, up 8.1% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $236.45.
• Insiders sold 77,550 shares worth $16.1 million over the past 90 days, while Booking announced a quarterly dividend of $0.42 per share, representing a 0.8% yield.

Caisse de depot et placement du Quebec bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,289,582 shares of the business services provider's stock, valued at approximately $229,855,000. Caisse de depot et placement du Quebec owned approximately 0.17% of Booking at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Bogart Wealth LLC boosted its holdings in shares of Booking by 3,475.0% during the second quarter. Bogart Wealth LLC now owns 143 shares of the business services provider's stock worth $25,000 after purchasing an additional 139 shares during the last quarter. Wilkerson Advisory Group LLC increased its position in shares of Booking by 3,550.0% in the second quarter. Wilkerson Advisory Group LLC now owns 146 shares of the business services provider's stock worth $26,000 after acquiring an additional 142 shares in the last quarter. Camelot Portfolios LLC purchased a new position in Booking in the fourth quarter valued at about $27,000. Osbon Capital Management LLC purchased a new stake in shares of Booking during the 4th quarter valued at about $27,000. Finally, First Financial Corp IN lifted its position in shares of Booking by 2,400.0% during the second quarter. First Financial Corp IN now owns 150 shares of the business services provider's stock worth $27,000 after purchasing an additional 144 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Vanessa Ames Wittman sold 1,125 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $192.00, for a total value of $216,000.00. Following the sale, the director owned 16,508 shares in the company, valued at approximately $3,169,536. The trade was a 6.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ewout L. Steenbergen sold 20,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $211.03, for a total transaction of $4,220,600.00. Following the completion of the transaction, the chief financial officer owned 59,794 shares in the company, valued at approximately $12,618,327.82. This trade represents a 25.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 77,550 shares of company stock worth $16,112,304 over the last 90 days. Corporate insiders own 0.17% of the company's stock.

Key Headlines Impacting Booking

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Analysts currently assign Booking Holdings an average “Moderate Buy” rating, indicating that Wall Street remains broadly optimistic about the company’s outlook. Booking Holdings Given Average Rating of Moderate Buy by Analysts
• Positive Sentiment: OpenTable, a Booking Holdings business, introduced more than 20 restaurant-focused product enhancements, including AI-powered search distribution, automation tools, and natural-language reporting. The rollout could strengthen OpenTable’s value proposition, improve restaurant engagement, and support longer-term growth in the company’s restaurant technology operations. OpenTable Launches New Product Features
• Neutral Sentiment: Chief Financial Officer Ewout Steenbergen will speak at the Goldman Sachs Communacopia + Technology Conference on September 9. The presentation could provide updated commentary on travel demand, margins, and strategy, but no new financial guidance was announced. Booking Holdings Goldman Sachs Conference Presentation
• Neutral Sentiment: CEO Glenn Fogel is scheduled to participate in a Citi Global TMT Conference session on September 8. The event may offer investors additional strategic insight, but the announcement itself has no immediate earnings impact. Booking Holdings Citi Conference Presentation
• Neutral Sentiment: A report discusses whether Wall Street is bullish or bearish on BKNG, highlighting the importance of analyst expectations and valuation in current trading. The headline alone does not establish a specific change in consensus. Booking Holdings Stock: Is Wall Street Bullish or Bearish?
• Negative Sentiment: Booking’s recent pullback may indicate investor caution after a substantial advance, particularly as valuation and the sustainability of travel-demand growth remain key considerations. The reported short-interest data showed zero shares and therefore provides no meaningful evidence of bearish short positioning.

Booking Trading Down 2.3%

Shares of Booking stock opened at $208.89 on Thursday. The company's fifty day simple moving average is $190.88 and its 200-day simple moving average is $177.38. The company has a market cap of $156.96 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 1.29 and a beta of 1.07. Booking Holdings Inc. has a 1 year low of $150.14 and a 1 year high of $227.72.

Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The business services provider reported $2.54 EPS for the quarter, beating the consensus estimate of $2.43 by $0.11. The firm had revenue of $7.35 billion during the quarter, compared to analysts' expectations of $7.19 billion. Booking had a negative return on equity of 102.96% and a net margin of 25.53%.The company's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $55.40 EPS. As a group, research analysts forecast that Booking Holdings Inc. will post 10.47 earnings per share for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 11th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 11th. Booking's dividend payout ratio (DPR) is 18.58%.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several recent research reports. Gordon Haskett boosted their target price on shares of Booking from $217.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Wells Fargo & Company set a $220.00 price target on shares of Booking and gave the stock an "equal weight" rating in a research report on Wednesday, August 5th. Susquehanna restated a "positive" rating and set a $240.00 price objective on shares of Booking in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $230.00 price target on shares of Booking in a research note on Wednesday, August 5th. Finally, HSBC cut their target price on shares of Booking from $309.84 to $298.00 and set a "buy" rating on the stock in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Booking currently has an average rating of "Moderate Buy" and an average price target of $236.45.

About Booking

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company's businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.

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