Booking Holdings Inc. $BKNG Shares Sold by DSM Capital Partners LLC

DSM Capital Partners LLC lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 18,567 shares of the business services provider’s stock after selling 865 shares during the period. Booking accounts for about 1.6% of DSM Capital Partners LLC’s portfolio, making the stock its 21st largest position. DSM Capital Partners LLC’s holdings in Booking were worth $107,489,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Aberdeen Group plc grew its holdings in Booking by 5.6% during the 2nd quarter. Aberdeen Group plc now owns 27,149 shares of the business services provider’s stock valued at $155,193,000 after buying an additional 1,434 shares during the last quarter. Zullo Investment Group Inc. purchased a new position in shares of Booking during the 2nd quarter worth $203,000. PDS Planning Inc lifted its stake in shares of Booking by 28.8% during the 2nd quarter. PDS Planning Inc now owns 282 shares of the business services provider’s stock worth $1,633,000 after purchasing an additional 63 shares during the period. Gunderson Capital Management Inc. purchased a new position in shares of Booking during the 2nd quarter worth $3,850,000. Finally, Blue Trust Inc. lifted its stake in shares of Booking by 9.3% during the 2nd quarter. Blue Trust Inc. now owns 106 shares of the business services provider’s stock worth $614,000 after purchasing an additional 9 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Down 0.5%

Shares of BKNG opened at $5,164.93 on Friday. The firm has a market capitalization of $167.40 billion, a P/E ratio of 35.92, a price-to-earnings-growth ratio of 1.61 and a beta of 1.35. The stock’s fifty day simple moving average is $5,492.50 and its 200 day simple moving average is $5,317.27. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41.

Booking (NASDAQ:BKNG) last issued its 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 business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same period last year, the company posted $41.90 EPS. The business’s quarterly revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given a $9.60 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a yield of 0.7%. Booking’s dividend payout ratio (DPR) is 26.71%.

Insider Buying and Selling at Booking

In other Booking 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 value of $357,575.04. Following the transaction, the director directly 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 document filed with the SEC, which is available through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 747 shares in the company, valued at $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,195 shares of company stock valued at $23,467,630 over the last three months. 0.16% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on BKNG. Royal Bank Of Canada increased their price target on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Bank of America increased their price target on Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Benchmark reissued a “buy” rating and set a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Hsbc Global Res raised Booking to a “strong-buy” rating in a research note on Thursday, July 17th. Finally, Morgan Stanley set a $5,650.00 price target on Booking and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.