OMERS ADMINISTRATION Corp Increases Holdings in Booking Holdings Inc. $BKNG

OMERS ADMINISTRATION Corp lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,436 shares of the business services provider’s stock after buying an additional 131 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Booking were worth $11,222,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BKNG. Brighton Jones LLC increased its stake in Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after purchasing an additional 65 shares during the period. Revolve Wealth Partners LLC purchased a new position in Booking in the 4th quarter worth approximately $209,000. Fire Capital Management LLC purchased a new position in Booking in the 4th quarter worth approximately $248,000. Voleon Capital Management LP purchased a new position in Booking in the 4th quarter worth approximately $1,679,000. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of Booking during the fourth quarter valued at approximately $40,000. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Stock Down 1.6%

NASDAQ BKNG opened at $5,615.68 on Thursday. The stock’s 50-day moving average price is $5,598.88 and its 200-day moving average price is $5,170.82. Booking Holdings Inc. has a 52 week low of $3,700.97 and a 52 week high of $5,839.41. The company has a market capitalization of $182.00 billion, a P/E ratio of 39.05, a price-to-earnings-growth ratio of 1.65 and a beta of 1.41.

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

Booking Announces Dividend

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

Insider Activity

In related news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the completion of the sale, the chief executive officer owned 24,620 shares in the company, valued at approximately $134,841,031.80. This trade represents a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 4,052 shares of company stock worth $22,511,858 in the last three months. Company insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

BKNG has been the topic of several research analyst reports. Citigroup boosted their target price on Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. UBS Group upped their price target on Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Wedbush reaffirmed a “neutral” rating and issued a $5,900.00 price target on shares of Booking in a research note on Wednesday, July 30th. JMP Securities upped their price target on Booking from $5,600.00 to $5,700.00 and gave the company a “market outperform” rating in a report on Wednesday, April 30th. Finally, Susquehanna upped their price target on Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5,781.04.

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.