Plancorp LLC Has $839,000 Stock Position in Booking Holdings Inc. $BKNG

Key Points

• Plancorp LLC increased its stake in Booking Holdings Inc. by 52.6% in Q2, bringing their holdings to $839,000 with a total of 145 shares.
• Booking reported $55.40 EPS for Q2, surpassing estimates by $5.08, with revenues of $6.80 billion, a 16% increase from the previous year.
• The company announced a quarterly dividend of $9.60 per share, set to be paid on September 30th, reflecting an annualized yield of 0.7%.

Plancorp LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 52.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 145 shares of the business services provider's stock after buying an additional 50 shares during the quarter. Plancorp LLC's holdings in Booking were worth $839,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its position in shares of Booking by 521,609.7% during the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock worth $10,887,718,000 after purchasing an additional 2,362,892 shares during the period. Pacer Advisors Inc. raised its holdings in Booking by 1,411.9% during the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider's stock worth $516,900,000 after buying an additional 104,780 shares during the period. AQR Capital Management LLC lifted its stake in Booking by 79.4% in the first quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider's stock valued at $695,259,000 after buying an additional 68,243 shares in the last quarter. TD Asset Management Inc boosted its holdings in shares of Booking by 182.2% in the first quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider's stock valued at $482,081,000 after buying an additional 67,562 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Booking by 27.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider's stock worth $836,223,000 after acquiring an additional 39,523 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Stock Up 0.9%

BKNG stock opened at $5,575.73 on Friday. The business has a 50 day moving average price of $5,556.53 and a two-hundred day moving average price of $5,255.83. The company has a market cap of $180.71 billion, a price-to-earnings ratio of 38.78, a P/E/G ratio of 1.59 and a beta of 1.39. Booking Holdings Inc. has a twelve month low of $4,060.98 and a twelve month 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 (EPS) for the quarter, topping analysts' consensus estimates of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company had revenue of $6.80 billion for the quarter, compared to analysts' expectations of $6.54 billion. During the same quarter in the prior year, the business posted $41.90 EPS. The business's revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The company also recently disclosed 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 dividend payout ratio (DPR) is 26.71%.

Wall Street Analyst Weigh In

Several research firms recently commented on BKNG. B. Riley reaffirmed a "buy" rating and issued a $6,700.00 price objective (up from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Evercore ISI upped their price objective on Booking from $5,500.00 to $6,250.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Wedbush reiterated a "neutral" rating and set a $5,900.00 price objective on shares of Booking in a report on Wednesday, July 30th. Wells Fargo & Company boosted their target price on Booking from $5,411.00 to $5,418.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 30th. Finally, Hsbc Global Res raised Booking to a "strong-buy" rating in a research report on Thursday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat.com, Booking presently has an average rating of "Moderate Buy" and a consensus target price of $5,808.81.

Insider Transactions at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the transaction, the chief executive officer owned 24,620 shares of the company's stock, valued at $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the company's stock in a transaction that occurred 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 completion of the sale, the director owned 747 shares in the company, valued at $4,108,500. This represents a 1.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,195 shares of company stock worth $23,467,630 in the last ninety days. 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.

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