U.S. Capital Wealth Advisors LLC Makes New $266,000 Investment in Booking Holdings Inc. $BKNG

Key Points

• U.S. Capital Wealth Advisors LLC has invested $266,000 in Booking Holdings Inc., acquiring 46 shares during the second quarter.
• Booking reported a quarterly EPS of $55.40, exceeding estimates, with year-over-year revenue growth of 16.0%, totaling $6.80 billion.
• The company declared a quarterly dividend of $9.60 per share, resulting in an annualized yield of 0.7% and a payout ratio of 26.71%.

U.S. Capital Wealth Advisors LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 46 shares of the business services provider's stock, valued at approximately $266,000.

A number of other large investors have also modified their holdings of BKNG. GAMMA Investing LLC grew its stake in Booking by 521,609.7% during the 1st 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 in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Booking by 1,411.9% in the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider's stock valued at $516,900,000 after buying an additional 104,780 shares during the period. AQR Capital Management LLC raised its holdings 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 acquiring an additional 68,243 shares in the last quarter. TD Asset Management Inc raised its holdings in 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 acquiring an additional 67,562 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Booking by 27.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider's stock valued at $836,223,000 after acquiring an additional 39,523 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Stock Down 0.5%

NASDAQ:BKNG opened at $5,548.00 on Friday. The company has a market capitalization of $179.81 billion, a PE ratio of 38.58, a P/E/G ratio of 1.61 and a beta of 1.39. Booking Holdings Inc. has a 52-week low of $4,060.98 and a 52-week high of $5,839.41. The stock's 50 day moving average price is $5,553.44 and its 200 day moving average price is $5,264.07.

Booking (NASDAQ:BKNG - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The firm had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the prior year, the firm earned $41.90 EPS. Booking's revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be issued a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking's dividend payout ratio (DPR) is currently 26.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Piper Sandler reissued a "neutral" rating and issued a $5,750.00 price objective (up from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Royal Bank Of Canada boosted their target price on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. B. Riley reiterated a "buy" rating and set a $6,700.00 target price (up previously from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. Wells Fargo & Company lifted their price target on Booking from $5,411.00 to $5,418.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 30th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $6,000.00 price target (up from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Three investment 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. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $5,808.81.

Insider Buying and Selling

In related news, Director Larry Quinlan sold 64 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the transaction, the director owned 195 shares of the company's stock, valued at $1,089,486.45. This trade represents a 24.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the 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 value of $5,548,089.57. Following the sale, the chief executive officer directly 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 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 over the last quarter. 0.16% of the stock is currently owned by insiders.

About Booking

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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