Signature Estate & Investment Advisors LLC Raises Position in Booking Holdings Inc. $BKNG

Signature Estate & Investment Advisors LLC boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 15.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 102 shares of the business services provider’s stock after buying an additional 14 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Booking were worth $591,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atwood & Palmer Inc. bought a new position in shares of Booking during the second quarter valued at approximately $29,000. Wealth Preservation Advisors LLC bought a new position in shares of Booking during the first quarter valued at approximately $28,000. O Brien Wealth Partners LLC bought a new position in shares of Booking during the second quarter valued at approximately $35,000. First PREMIER Bank increased its stake in shares of 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 purchasing an additional 3 shares in the last quarter. Finally, Keystone Global Partners LLC bought a new position in shares of Booking during the first quarter valued at approximately $32,000. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on BKNG. Bank of America raised 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Booking in a research note on Tuesday, October 14th. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research report on Thursday, July 17th. Wedbush reissued a “neutral” rating and set a $5,900.00 price target on shares of Booking in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada raised their price target on shares of Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Insider Buying and Selling

In related news, CEO Glenn D. Fogel sold 625 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the sale, the chief executive officer owned 22,982 shares in the company, valued at approximately $118,162,642.46. This trade represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the transaction, the director owned 732 shares in the company, valued at $3,873,729.36. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,197 shares of company stock worth $17,260,963. 0.16% of the stock is owned by insiders.

Booking Trading Up 1.4%

Shares of BKNG stock opened at $5,141.88 on Tuesday. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The firm’s 50 day moving average is $5,454.63 and its 200 day moving average is $5,349.06. The stock has a market capitalization of $166.65 billion, a P/E ratio of 35.76, a P/E/G ratio of 1.57 and a beta of 1.35.

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

Booking Dividend Announcement

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

Booking 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.