Booking Holdings Inc. $BKNG Holdings Trimmed by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44 shares of the business services provider’s stock after selling 3 shares during the quarter. Winthrop Advisory Group LLC’s holdings in Booking were worth $255,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in BKNG. Kingswood Wealth Advisors LLC lifted its stake in shares of Booking by 27.3% in the first quarter. Kingswood Wealth Advisors LLC now owns 182 shares of the business services provider’s stock valued at $844,000 after buying an additional 39 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Booking during the first quarter worth approximately $203,000. United Services Automobile Association bought a new stake in shares of Booking in the 1st quarter valued at about $3,592,000. Overbrook Management Corp increased its position in shares of Booking by 49.5% in the 2nd quarter. Overbrook Management Corp now owns 3,314 shares of the business services provider’s stock valued at $19,186,000 after buying an additional 1,098 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its position in shares of Booking by 9.4% during the first quarter. Perigon Wealth Management LLC now owns 278 shares of the business services provider’s stock worth $1,281,000 after acquiring an additional 24 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Activity at Booking

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the firm’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 transaction of $82,500.00. Following the completion of the transaction, the director owned 747 shares of the company’s stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the sale, the director owned 195 shares of the company’s stock, valued at approximately $1,089,486.45. This represents a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,195 shares of company stock worth $23,467,630 over the last quarter. 0.16% of the stock is owned by corporate insiders.

Booking Stock Down 3.3%

Shares of NASDAQ BKNG opened at $5,242.00 on Wednesday. The business has a 50-day simple moving average of $5,512.80 and a two-hundred day simple moving average of $5,312.53. Booking Holdings Inc. has a 52 week low of $4,096.23 and a 52 week high of $5,839.41. The company has a market cap of $169.89 billion, a P/E ratio of 36.46, a P/E/G ratio of 1.56 and a beta of 1.35.

Booking (NASDAQ:BKNG) last issued its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter last year, the company posted $41.90 EPS. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking’s dividend payout ratio is presently 26.71%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BKNG shares. Wedbush reissued a “neutral” rating and issued a $5,900.00 target price on shares of Booking in a research note on Wednesday, July 30th. B. Riley restated a “buy” rating and set 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 increased their target price on Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Weiss Ratings restated a “buy (b+)” rating on shares of Booking in a report on Saturday, September 27th. Finally, Citigroup lifted their price target on shares of Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

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.