Booking Holdings Inc. $BKNG Holdings Lessened by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 966,282 shares of the business services provider’s stock after selling 111,631 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Booking were worth $157,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. R Squared Ltd purchased a new stake in Booking in the 3rd quarter worth $231,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new position in shares of Booking during the 3rd quarter valued at about $48,000. Maryland State Retirement & Pension System boosted its holdings in shares of Booking by 13.2% during the 3rd quarter. Maryland State Retirement & Pension System now owns 47,413 shares of the business services provider’s stock valued at $7,724,000 after purchasing an additional 5,513 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of Booking by 0.9% during the third quarter. Ritholtz Wealth Management now owns 48,051 shares of the business services provider’s stock valued at $7,828,000 after purchasing an additional 416 shares in the last quarter. Finally, UNIVEST FINANCIAL Corp grew its position in shares of Booking by 18.4% during the third quarter. UNIVEST FINANCIAL Corp now owns 1,397 shares of the business services provider’s stock valued at $228,000 after purchasing an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BKNG. Deutsche Bank reaffirmed a “buy” rating and issued a $230.00 target price on shares of Booking in a report on Wednesday, August 5th. Oppenheimer reissued an “outperform” rating and set a $240.00 price target (up from $215.00) on shares of Booking in a research note on Wednesday, August 5th. UBS Group cut their price target on Booking from $274.00 to $265.00 and set a “buy” rating for the company in a report on Tuesday, November 3rd. B. Riley Financial reduced their price objective on Booking from $274.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, November 4th. Finally, Citizens Jmp began coverage on Booking in a research note on Wednesday, November 4th. They issued a “hold” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and an average target price of $222.35.

Key Stories Impacting Booking

Investors following BKNG have been watching these stories:

• 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
• Neutral Sentiment: Trefis published an update on how Booking’s investment story has changed, but the available article details do not specify its conclusions or a clear stock catalyst. How Has Booking Holdings’ Story Changed?
• 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

Insider Buying and Selling

In other news, VP Peter J. Millones sold 50,050 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $207.59, for a total value of $10,389,879.50. Following the completion of the sale, the vice president directly owned 375,025 shares of the company’s stock, valued at $77,851,439.75. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Wittman sold 375 shares of Booking stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $211.00, for a total value of $79,125.00. Following the completion of the transaction, the director owned 16,133 shares of the company’s stock, valued at approximately $3,404,063. This trade represents a 2.27% decrease in their position. The SEC filing for this sale provides additional information. 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 valued at $11,783,564. Insiders own 0.17% of the company’s stock.

Booking Stock Up 0.6%

Shares of NASDAQ:BKNG opened at $161.20 on Friday. The firm has a fifty day simple moving average of $163.37 and a two-hundred day simple moving average of $175.25. Booking Holdings Inc. has a 52 week low of $146.28 and a 52 week high of $220.81. The stock has a market capitalization of $119.88 billion, a P/E ratio of 17.39, a PEG ratio of 1.02 and a beta of 1.17.

Booking (NASDAQ:BKNG) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $4.66 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $9.55 billion. During the same period in the prior year, the company earned $99.50 EPS. The business’s revenue was down 1.2% compared to the same quarter last year. On average, analysts expect that Booking Holdings Inc. will post 10.26 earnings per share for the current year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 11th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, December 11th. Booking’s payout ratio is presently 18.12%.

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.