Russell Investments Group Ltd. increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 1.9% in the third quarter, Holdings Channel.com reports. The fund owned 2,288,307 shares of the business services provider’s stock after buying an additional 42,348 shares during the quarter. Russell Investments Group Ltd.’s holdings in Booking were worth $372,609,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Kapitalo Investimentos Ltda bought a new position in Booking in the 1st quarter valued at $345,000. Alesco Advisors LLC An ESL Co purchased a new stake in Booking in the first quarter worth $400,000. Inceptionr LLC bought a new stake in shares of Booking during the first quarter worth $505,000. Oslo Pensjonsforsikring AS bought a new stake in shares of Booking during the first quarter worth $509,000. Finally, Kesler Norman & Wride LLC bought a new stake in shares of Booking during the first quarter worth $518,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Booking Stock Performance
NASDAQ BKNG opened at $161.20 on Friday. Booking Holdings Inc. has a one year low of $146.28 and a one year high of $220.81. The company has a market capitalization of $119.88 billion, a price-to-earnings ratio of 17.39, a price-to-earnings-growth ratio of 1.02 and a beta of 1.17. The company’s 50-day simple moving average is $163.37 and its two-hundred day simple moving average is $175.25.
Booking (NASDAQ:BKNG – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The business services provider reported $4.66 earnings per share for the quarter, topping the consensus estimate of $4.49 by $0.17. Booking had a net margin of 25.52% and a negative return on equity of 89.54%. The firm had revenue of $9.79 billion during the quarter, compared to analysts’ expectations of $9.55 billion. During the same quarter in the prior year, the company earned $99.50 EPS. The company’s revenue was down 1.2% compared to the same quarter last year. Equities analysts expect that Booking Holdings Inc. will post 10.26 earnings per share for the current fiscal year.
Booking Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 11th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $1.68 dividend on an annualized basis and a yield of 1.0%. Booking’s payout ratio is 18.12%.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Deutsche Bank reissued a “buy” rating and set a $230.00 target price on shares of Booking in a research note on Wednesday, August 5th. Wedbush reduced their price target on shares of Booking from $247.00 to $210.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 4th. Argus lifted their price objective on shares of Booking from $210.00 to $245.00 and gave the company a “buy” rating in a report on Monday, August 10th. TD Cowen raised shares of Booking to a “strong-buy” rating in a research report on Monday, September 14th. Finally, Weiss Ratings downgraded shares of Booking from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $222.35.
Get Our Latest Stock Report on Booking
Insider Buying and Selling at Booking
In other Booking news, insider Paulo Pisano sold 3,000 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $203.48, for a total transaction of $610,440.00. Following the sale, the insider owned 73,400 shares of the company’s stock, valued at approximately $14,935,432. This trade represents a 3.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Peter J. Millones sold 50,050 shares of Booking stock in a transaction on Monday, August 17th. The shares were sold at an average price of $207.59, for a total value of $10,389,879.50. Following the completion of the transaction, the vice president owned 375,025 shares in the company, valued at $77,851,439.75. This represents a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 57,425 shares of company stock worth $11,783,564. 0.17% of the stock is currently owned by corporate insiders.
Booking News Summary
These are some of the BKNG news items that stood out recently:
- Positive Sentiment: KeyCorp raised its 2026 EPS forecast to $10.62 from $10.42, above the cited consensus estimate of $10.26. MarketBeat report
- Positive Sentiment: A comparison with Target highlighted Booking’s online travel market position, high net margins and double-digit revenue growth—supportive fundamentals for investors considering the stock’s longer-term prospects. Booking Holdings vs. Target article
- Negative Sentiment: KeyCorp cut its Q4 2026 EPS estimate to $2.10 from $2.35 and reduced forecasts for FY2027 ($11.56 from $12.13) and FY2028 ($13.37 from $14.78), signaling weaker expectations beyond 2026. MarketBeat report
Booking Company Profile
Booking Holdings Inc. is an online travel company that connects travelers with accommodations and other travel services. Through its digital platforms, customers can search for and book hotels, vacation rentals, flights, rental cars, attractions and other travel experiences. The company operates a portfolio of consumer brands, including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. Its services span accommodation reservations, travel search and comparison, car rentals, and restaurant reservations.
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