Booking Holdings stock: Smith Group cuts stake by 38.2%
Published on 10/30/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStake Sale Ahead Of Earnings
- Smith Group Asset Management reduced its Booking Holdings position during the third quarter.
- Booking's latest reported quarter exceeded consensus expectations for earnings per share and revenue.
- Institutional investors and hedge funds hold 92.42 percent of the company.
Smith Group Asset Management reduced its stake in Booking Holdings by 38.2 percent during the third quarter, selling 102,973 shares, according to a MarketBeat report published on October 29, 2026. Smith Group retained 166,584 shares valued at about 27.1 million US dollars, leaving Booking as 1.8 percent of the asset manager's portfolio.
Institutional Positioning Draws Attention
The filing adds an ownership signal ahead of Booking Holdings' next quarterly report. MarketBeat said institutional investors and hedge funds controlled 92.42 percent of the company, while analyst views remained mixed. The average analyst price target cited in the report was 233.71 US dollars, alongside a consensus rating of Moderate Buy.
The stake reduction does not establish why Smith Group sold the shares or indicate a change in Booking's operating outlook. For investors, the transaction is therefore best viewed as a portfolio decision rather than a direct forecast for the online travel group's earnings.
Latest Results Beat Consensus
Booking's latest reported quarter provided a stronger operating backdrop. Earnings per share reached 2.54 US dollars, above the 2.43 US dollar consensus cited by MarketBeat, while revenue rose 8.1 percent year over year to 7.35 billion US dollars. The combination of revenue growth and an earnings beat will be tested again when management reports the next quarter.
The company also paid a quarterly dividend of 0.42 US dollars, according to the report. MarketBeat cited a 1.1 percent dividend yield and an annualized payout of 1.68 US dollars. Those payments offer income support, but the stock's valuation and outlook remain sensitive to travel demand, margins and the company's forward commentary.
Booking Holdings Stock At Lang & Schwarz
Booking Holdings stock traded at 135.55 euros on Lang & Schwarz at 10:49 CET on Friday, October 30, 2026.
Booking Holdings Company Facts
- Company: Booking Holdings Inc.
- ISIN: US09857L1089
- Ticker: BKNG
- Latest reported revenue: 7.35 billion US dollars
- Latest reported earnings per share: 2.54 US dollars
- Market capitalization: 111.16 billion US dollars
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