Focus Partners Wealth Purchases 743 Shares of Booking Holdings Inc. $BKNG

Key Points

• Focus Partners Wealth increased its stake in Booking Holdings Inc. by 4.0%, owning 19,286 shares valued at approximately $87.94 million after purchasing an additional 743 shares in the 1st quarter.
• Booking Holdings reported $55.40 EPS for the last quarter, exceeding estimates while its revenue grew 16.0% year-over-year, amounting to $6.80 billion.
• The company announced a quarterly dividend of $9.60 per share, representing an annual yield of 0.7% with a payout ratio of 26.71%.

Focus Partners Wealth raised its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 4.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,286 shares of the business services provider's stock after buying an additional 743 shares during the quarter. Focus Partners Wealth owned about 0.06% of Booking worth $87,941,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Wealth Preservation Advisors LLC acquired a new stake in shares of Booking in the first quarter valued at approximately $28,000. Keystone Global Partners LLC acquired a new stake in shares of Booking in the first quarter valued at approximately $32,000. Activest Wealth Management raised its holdings in shares of Booking by 300.0% in the first quarter. Activest Wealth Management now owns 8 shares of the business services provider's stock valued at $37,000 after purchasing an additional 6 shares during the last quarter. Alpine Bank Wealth Management acquired a new stake in shares of Booking in the first quarter valued at approximately $41,000. Finally, WPG Advisers LLC acquired a new stake in shares of Booking in the first quarter valued at approximately $41,000. Institutional investors own 92.42% of the company's stock.

Insider Transactions at Booking

In other news, Director Larry Quinlan sold 64 shares of the business's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the business's stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 24,620 shares of the company's stock, valued at approximately $134,841,031.80. The trade was a 3.95% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,116 shares of company stock valued at $22,869,434. 0.16% of the stock is currently owned by company insiders.

Booking Stock Down 0.7%

Shares of Booking stock traded down $39.68 during trading on Friday, reaching $5,458.32. The company's stock had a trading volume of 128,764 shares, compared to its average volume of 172,971. The business's 50-day moving average price is $5,594.00 and its 200-day moving average price is $5,215.75. The firm has a market cap of $176.90 billion, a PE ratio of 37.96, a P/E/G ratio of 1.59 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $3,894.51 and a 52 week high of $5,839.41.

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

Booking Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BKNG. Barclays boosted their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th. Cantor Fitzgerald restated a "neutral" rating on shares of Booking in a 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 report on Wednesday, July 30th. BTIG Research reiterated a "buy" rating and issued a $6,250.00 price objective on shares of Booking in a report on Thursday, September 4th. Finally, Hsbc Global Res upgraded shares of Booking to a "strong-buy" rating in a report on Thursday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $5,808.81.

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.