Nippon Life Global Investors Americas Inc. Acquires 10 Shares of Booking Holdings Inc. $BKNG

Nippon Life Global Investors Americas Inc. boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 9.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120 shares of the business services provider’s stock after acquiring an additional 10 shares during the quarter. Nippon Life Global Investors Americas Inc.’s holdings in Booking were worth $553,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Preservation Advisors LLC bought a new stake in shares of Booking in the 1st quarter valued at approximately $28,000. Keystone Global Partners LLC acquired a new stake in Booking in the 1st quarter valued at $32,000. Activest Wealth Management grew its position in Booking by 300.0% in the first quarter. Activest Wealth Management now owns 8 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 6 shares during the period. Alpine Bank Wealth Management bought a new stake in Booking in the first quarter valued at $41,000. Finally, WPG Advisers LLC acquired a new position in Booking during the first quarter worth $41,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Activity

In other news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the transaction, the chief executive officer directly owned 24,620 shares in the company, valued at $134,841,031.80. This trade represents a 3.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 4,052 shares of company stock valued at $22,511,858. 0.16% of the stock is owned by company insiders.

Booking Trading Up 0.1%

Booking stock opened at $5,585.86 on Friday. The company has a market cap of $181.04 billion, a PE ratio of 38.85, a PEG ratio of 1.61 and a beta of 1.39. Booking Holdings Inc. has a 1 year low of $3,700.97 and a 1 year high of $5,839.41. The company’s 50-day moving average is $5,619.62 and its two-hundred day moving average is $5,195.63.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same period in the previous year, the firm posted $41.90 earnings per share. Booking’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 forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Bank of America boosted their target price on shares of Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Evercore ISI boosted their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. BTIG Research reaffirmed a “buy” rating and set a $6,250.00 price objective on shares of Booking in a report on Thursday. Susquehanna increased their price target on Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Finally, Wedbush reissued a “neutral” rating and issued a $5,900.00 price objective on shares of Booking in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $5,808.81.

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.