TD Private Client Wealth LLC Acquires 25 Shares of Booking Holdings Inc. $BKNG

TD Private Client Wealth LLC grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 393 shares of the business services provider’s stock after buying an additional 25 shares during the quarter. TD Private Client Wealth LLC’s holdings in Booking were worth $2,275,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealth Preservation Advisors LLC bought a new stake in shares of Booking in the 1st quarter valued at approximately $28,000. Atwood & Palmer Inc. bought a new stake in Booking in the second quarter worth $29,000. Keystone Global Partners LLC purchased a new position in Booking during the first quarter worth $32,000. O Brien Wealth Partners LLC bought a new position in Booking during the second quarter valued at $35,000. Finally, First PREMIER Bank increased its position in Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Insider Buying and Selling

In related news, Director Larry Quinlan sold 64 shares of the stock in a transaction that occurred on 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 completion of the sale, the director owned 195 shares of the company’s stock, valued at $1,089,486.45. This represents a 24.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total value of $82,500.00. Following the transaction, the director owned 747 shares in the company, valued at approximately $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 sold a total of 4,195 shares of company stock worth $23,467,630 in the last 90 days. 0.16% of the stock is owned by corporate insiders.

Booking Stock Performance

NASDAQ BKNG opened at $5,575.73 on Friday. The company’s 50-day simple moving average is $5,556.53 and its two-hundred day simple moving average is $5,255.83. Booking Holdings Inc. has a one year low of $4,060.98 and a one year high of $5,839.41. The company has a market capitalization of $180.71 billion, a price-to-earnings ratio of 38.78, a price-to-earnings-growth ratio of 1.59 and a beta of 1.39.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. Booking’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Equities analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be paid a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, September 5th. Booking’s payout ratio is 26.71%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BKNG shares. JPMorgan Chase & Co. raised their target price on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Wednesday, June 4th. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research report on Thursday, July 17th. Piper Sandler restated a “neutral” rating and set a $5,750.00 target price (up previously from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Morgan Stanley set a $5,650.00 target price on Booking and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Finally, Wells Fargo & Company increased their price target on Booking from $5,411.00 to $5,418.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and an average price target 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.