Empowered Funds LLC Purchases 88 Shares of Booking Holdings Inc. $BKNG

Empowered Funds LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,126 shares of the business services provider’s stock after purchasing an additional 88 shares during the period. Empowered Funds LLC’s holdings in Booking were worth $9,794,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Elequin Capital LP increased its position in Booking by 20.0% in the 4th quarter. Elequin Capital LP now owns 12 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 2 shares during the period. Fidelis Capital Partners LLC grew its stake in shares of Booking by 1.2% in the first quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after purchasing an additional 2 shares during the last quarter. WNY Asset Management LLC increased its holdings in Booking by 3.7% in the first quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock valued at $258,000 after purchasing an additional 2 shares during the period. Gries Financial LLC raised its position in Booking by 1.6% during the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after purchasing an additional 2 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC lifted its holdings in Booking by 0.5% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after buying an additional 2 shares during the period. Institutional investors own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Susquehanna increased their price target on Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Cantor Fitzgerald reissued a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. Bank of America boosted their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Wedbush reaffirmed a “neutral” rating and issued a $5,900.00 price objective on shares of Booking in a research note on Wednesday, July 30th. Finally, Truist Financial lifted their target price on shares of Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research note on Monday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

Booking Stock Up 0.0%

Booking stock opened at $5,571.83 on Wednesday. The company has a market capitalization of $180.58 billion, a PE ratio of 38.75, a PEG ratio of 1.61 and a beta of 1.39. Booking Holdings Inc. has a 12-month low of $3,719.34 and a 12-month high of $5,839.41. The firm’s fifty day moving average is $5,608.31 and its 200 day moving average is $5,206.63.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results 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. 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 analysts’ expectations of $6.54 billion. During the same period last year, the company posted $41.90 earnings per share. The business’s quarterly revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The company 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 $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking’s payout ratio is presently 26.71%.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction that occurred 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 owned 24,620 shares in the company, valued at approximately $134,841,031.80. This represents a 3.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the business’s 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 value 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,116 shares of company stock worth $22,869,434. 0.16% of the stock is owned by company insiders.

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.