Intech Investment Management Adds $3M in Booking Holdings Inc. ($BKNG)
Intech Investment Management raised its Booking Holdings stake by 5.3%, adding 18,825 shares.
Key Points
- Intech Investment Management increased its stake in Booking Holdings by 18,825 shares, a 5.3% rise, bringing its total to 374,225 shares valued at $61.2 million.
- Booking Holdings, trading at $163.59, has a market cap of $127.8 billion and a P/E ratio of 21.73, with a 52-week range of $150.14 to $233.58.
- Recent insider activity at Booking Holdings includes several purchases, and analysts have maintained 'buy' ratings, with targets up to $249.
Intech Investment Management has increased its holdings in Booking Holdings Inc. (NasdaqGS: BKNG) by 18,825 shares, a 5.3% rise, according to its latest filing with the SEC. As of the reporting period, the firm now holds 374,225 shares valued at approximately $61.2 million.
What Changed in Intech Investment Management's Booking Holdings Position
Intech Investment Management boosted its position in Booking Holdings by 18,825 shares, raising its total to 374,225 shares. This represents a 5.3% increase from its previous holding of 355,400 shares. The value of these holdings is now reported at $61.2 million.
Other Institutional Activity in Booking Holdings
Several other institutional investors also adjusted their positions in Booking Holdings. Triglav Investments, D.O.O. significantly increased its holdings by 150 million shares, now holding 157.5 million shares worth about $6.4 million. BlackRock, Inc. added 63.6 million shares, bringing its total to 66.3 million shares valued at approximately $11.17 billion. Vanguard Capital Management LLC acquired 51.9 million shares, resulting in a total of 51.9 million shares worth around $8.74 billion. State Street Corp increased its stake by 34.1 million shares, now holding 35.5 million shares valued at $5.98 billion.
Booking Holdings Stock Snapshot
Shares of Booking Holdings (NasdaqGS: BKNG) recently traded at $163.59. The company has a market cap of $127.8 billion and a P/E ratio of 21.73, with a forward P/E of 13.41. It has a beta of 1.088, indicating moderate volatility. Over the past year, the stock has ranged between $150.14 and $233.58. The 50-day moving average is $169.56, while the 200-day moving average is $191.72. Booking Holdings maintains a current ratio of 1.057 and a quick ratio of 0.987.
Recent Earnings
In its latest earnings report, Booking Holdings posted revenue of $27.69 billion, reflecting a 16.2% growth. The company achieved a net margin of 22.23% and an EPS of $7.59. The next earnings announcement is scheduled for April 28, 2026.
Dividend
Booking Holdings offers an annual dividend rate of $1.61, yielding 0.97%. The dividend payout ratio is 20.73%.
Insider Buying and Selling at Booking Holdings Inc.
Recent insider transactions at Booking Holdings include purchases by several insiders on May 30, 2026. Robert Mylod Jr. bought 2,240 shares, while Sumit Singh, Kelly Grier, Nicholas Read, and Mirian Graddick-Weir each acquired 1,583 shares. Lynn Vojvodich Radakovich sold 1,200 shares.
Analysts Set New Price Targets
Analysts have recently maintained their ratings on Booking Holdings. On April 30, 2026, Argus Research maintained a 'buy' rating with a $205 price target. On April 29, JP Morgan and UBS both reiterated 'buy' ratings with targets of $208 and $249, respectively. The consensus rating is 'buy', with an average price target of $224.41 from 35 analysts.
About Booking Holdings
Booking Holdings Inc., based in Norwalk, Connecticut, is a leader in online travel services. The company operates well-known platforms like Booking.com, Priceline, and Agoda, offering a range of services from accommodation reservations to car rentals and flights. Under CEO Glenn D. Fogel, the company employs around 24,900 people and serves a global market in the travel services industry.
Bottom Line
Intech Investment Management's increased stake in Booking Holdings reflects its confidence in the company's potential. As a major player in the travel services sector, Booking Holdings continues to attract institutional interest. Investors keep a close eye on 13F filings like this one to gauge market sentiment, though it's important to remember that these filings are backward-looking and may not represent the current position.
See Also
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