Farther Finance Advisors LLC Has $3.06 Million Holdings in Booking Holdings Inc. $BKNG

Key Points

• Farther Finance Advisors LLC increased its stake in Booking Holdings Inc. by 11.9% in Q2, holding 528 shares valued at $3.06 million.
• Booking's recent earnings report showcased an EPS of $55.40, surpassing estimates, and year-over-year revenue growth of 16%.
• The company announced a quarterly dividend of $9.60 with a yield of 0.7%, set to be paid on September 30th.

Farther Finance Advisors LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 11.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 528 shares of the business services provider's stock after purchasing an additional 56 shares during the quarter. Farther Finance Advisors LLC's holdings in Booking were worth $3,057,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Atwood & Palmer Inc. acquired a new position in shares of Booking in the second quarter worth $29,000. Wealth Preservation Advisors LLC purchased a new stake in Booking in the 1st quarter valued at approximately $28,000. O Brien Wealth Partners LLC purchased a new stake in Booking during the second quarter worth $35,000. Keystone Global Partners LLC acquired a new stake in Booking during the 1st quarter valued at $32,000. Finally, Activest Wealth Management grew its stake in Booking by 300.0% in the 1st quarter. Activest Wealth Management now owns 8 shares of the business services provider's stock worth $37,000 after acquiring an additional 6 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Trading Up 0.2%

BKNG stock traded up $12.69 during trading on Monday, reaching $5,457.13. The stock had a trading volume of 214,392 shares, compared to its average volume of 186,898. The firm has a market cap of $176.87 billion, a PE ratio of 37.95, a PEG ratio of 1.57 and a beta of 1.39. The stock's 50 day moving average is $5,564.68 and its two-hundred day moving average is $5,244.30. Booking Holdings Inc. has a 52 week low of $4,030.69 and a 52 week high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $6.54 billion. During the same period in the prior year, the business posted $41.90 earnings per share. The company's revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

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

Analyst Ratings Changes

Several analysts have weighed in on the stock. BMO Capital Markets reiterated an "outperform" rating and set a $6,000.00 target price (up previously from $5,700.00) on shares of Booking in a research note on Wednesday, July 30th. JPMorgan Chase & Co. increased their target price on Booking from $5,360.00 to $6,000.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. B. Riley reissued a "buy" rating and issued a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Benchmark restated a "buy" rating and set a $6,200.00 target price (up from $6,000.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, Morgan Stanley set a $5,650.00 price target on shares of Booking and gave the company an "equal weight" rating in a report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the company's 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.

Insider Buying and Selling

In other news, Director Vanessa Ames Wittman sold 15 shares of the firm's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the sale, the director directly owned 747 shares in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the transaction, the chief executive officer owned 23,607 shares in the company, valued at $130,237,930.44. This represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock valued at $23,467,630 in the last ninety days. Company 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.