Voya Investment Management Adds $45M in Booking Holdings Inc. ($BKNG)
Voya Investment Management significantly raised its holdings in Booking Holdings by over 551% in the latest quarter.
Key Points
- Voya Investment Management increased its stake in Booking Holdings by 551.3%, adding 245,538 shares to hold a total of 290,075 shares valued at $52.58 million.
- Booking Holdings shares traded near $181.25 on Thursday, with a market cap of $130 billion and a P/E ratio of 22.13.
- Insider buying was reported with several insiders acquiring shares, while analysts maintain a 'buy' rating with price targets as high as $249.
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Voya Investment Management boosted its stake in Booking Holdings Inc. (NasdaqGS: BKNG) by a striking 551.3%, according to its latest 13F filing with the SEC. The fund added 245,538 shares to its portfolio, bringing its total holdings to 290,075 shares, valued at approximately $52.58 million as of the reporting period.
Voya Investment Management vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Voya Investment Management's Booking Holdings Position
Voya Investment Management significantly increased its investment in Booking Holdings, growing its share count from 44,537 to 290,075. This move reflects a substantial increase of 551.3%, as the firm added 245,538 shares during the quarter. The value of these holdings reached $52.58 million.
Other Institutional Activity in Booking Holdings
Several other institutional investors also adjusted their positions in Booking Holdings. BlackRock, Inc. dramatically increased its stake by 63,572,325 shares, ending with 66,328,500 shares worth about $11.17 billion, a 2,306.5% increase. Vanguard Capital Management LLC opened a new position with 51,910,900 shares, valued at approximately $8.74 billion. State Street Corp reduced its holdings slightly, selling 358,000 shares to hold 35,519,900 shares valued at $5.98 billion, a 1.0% decrease. Meanwhile, JPMorgan Chase & Co trimmed its position by 1,232,750 shares, resulting in 26,755,150 shares worth $4.41 billion, a 4.4% decrease.
Booking Holdings Inc. Stock Down 11.9%
Shares of Booking Holdings Inc. traded near $181.25 on Thursday. The company, which operates in the travel services industry, has a market capitalization of approximately $130 billion. It boasts a P/E ratio of 22.13 and a forward P/E of 13.64. Booking Holdings' stock has traded between $150.14 and $233.58 over the past 52 weeks, with a 50-day moving average of $169.47 and a 200-day moving average of $190.71. The company's beta stands at 1.088, indicating slightly higher volatility compared to the market.
$BKNG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, Booking Holdings posted revenue of $27.69 billion, reflecting a revenue growth rate of 16.2%. The company's net margin was 22.23%, with an EPS of $7.58. Investors can look forward to its next earnings release scheduled for July 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
13 target cuts vs 1 raises.
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EPS & revenue
EPS beat estimates by 3.6%. Revenue missed estimates by 1.7%.
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Profit surprise
EBITDA beat by 20 percent. Operating income beat by 26 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 target raise, 13 target cuts.
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Earnings quality
Operating margin up 0.7 points. Positive free cash flow.
Earnings Call Summary
Booking delivered 338 million room nights in the quarter, up 6 percent year over year, with revenue of 5 point 5 billion, up 16 percent. The Middle East conflict that began late February reduced growth by roughly 2 percentage points and caused elevated cancellations in March. Despite this, U.S. room nights accelerated to low teens growth for the fourth quarter in a row, and the company remains confident in long term travel demand recovery.
Guidance Company expects 2 to 4 percent room night growth next quarter due to Middle East conflict continuing through end of June. For full year 2026, they now guide gross bookings growth to high single digits to low double digits, with adjusted EPS up low to mid teens, both down from prior guidance at midpoint but high end remains intact.
Clearly negative report. The company missed important expectations and likely triggers downward revisions.
Dividend
Booking Holdings offers an annual dividend rate of $1.61, yielding 0.94%. The dividend payout ratio is 20.73%, indicating a conservative approach to returning capital to shareholders.
Insider Buying and Selling at Booking Holdings Inc.
Recent insider activity at Booking Holdings includes several board members acquiring shares. On May 30, 2026, Robert Mylod Jr., Sumit Singh, Kelly Grier, Nicholas Read, and Mirian Graddick Weir each bought 1,583 shares, while Lynn Vojvodich Radakovich sold 1,200 shares. These transactions were not part of any pre-planned trading programs.
Analysts Set New Price Targets
Analysts are optimistic about Booking Holdings, with multiple firms maintaining a 'buy' rating. On April 29, 2026, UBS set a price target of $249, while JP Morgan and TD Cowen maintained targets of $208 and $230, respectively. The consensus among 35 analysts is a 'buy' rating, with an average target price of $224.41.
About Booking Holdings
Booking Holdings Inc., headquartered in Norwalk, Connecticut, is a leader in the travel services sector. The company operates well-known platforms like Booking.com and Priceline, offering a range of services from accommodation reservations to car rentals and vacation packages. Led by CEO Glenn D. Fogel, the company employs around 24,900 people globally, facilitating travel and dining experiences for millions of customers.
Bottom Line
Voya Investment Management's substantial increase in Booking Holdings shares reflects strong institutional interest in the travel services giant. While 13F filings are historical and may not indicate current positions, they provide insight into fund strategies. Analysts remain positive on Booking Holdings, reinforcing its position as a key player in the travel industry.
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