Trexquant Investment 13F: New $25M Stake in Booking (BKNG)
Trexquant Investment added a new position in Booking Holdings Inc. BKNG during the reporting period, picking up 139,975 shares.
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Trexquant Investment opened a new position of 139,975 shares in Booking Holdings Inc. ($BKNG), according to a 13F filing with the SEC dated May 15, 2026. It reported 139,975 shares worth $24.95 million at the end of the quarter.
Since the filing, $BKNG is up 4.5% after 1 week, up 13.6% after 1 month and up 6.6% to date (from the $153.37 close on May 15, 2026).
Find the original: Trexquant Investment 13F filings on SEC EDGAR
BKNG
Booking Holdings Inc.
Key Points
- Trexquant Investment opened a new position in Booking Holdings Inc. BKNG, acquiring 139,975 shares valued at roughly $24.95 million.
- Booking Holdings shares trade near $178.24, with a forward P/E of 13.6 and total revenue reaching $28.24 billion over the period.
- Wall Street analysts maintain a consensus buy rating on Booking Holdings with 37 opinions and a mean price target of $238.78.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Booking Holdings Inc. alert may contain errors. Disclosures
Trexquant Investment Builds a Fresh Stake in Booking Holdings
Trexquant Investment opened a brand-new position in Booking Holdings Inc. BKNG during the period ended May 15, 2026, according to a Form 13F filing with the SEC. The quantitative fund picked up 139,975 shares of the travel services provider. This new stake carried a reported value of approximately $24.95 million. Because this is a backward-looking filing, it captures holdings at that specific date and may not reflect the fund's exact share count today.
Inside Trexquant's Recent Portfolio Moves
Trexquant Investment has been active across multiple sectors this quarter, balancing new purchases with targeted trims. Alongside its entry into Booking Holdings, the firm initiated another new position in Canadian National Railway with 158,913 shares, and bought 195,973 shares of Church & Dwight worth $19.34 million. At the same time, the quantitative shop pared down other holdings, such as trimming its AbbVie stake by 18,177 shares to leave it with 77,280 shares.
Booking Holdings Stock Performance and Valuation
Booking Holdings shares recently changed hands at $178.24. The stock operates with a P/E ratio of 18.7 and a forward P/E of 13.6. Its market capitalization stands near $126.62 billion, backed by a 52-week trading range that spans from a low of $150.14 up to $224.99.
Recent Financial Results and Earnings
Booking Holdings generated $28.24 billion in revenue over the tracked timeframe, representing an 8.1% growth rate. The business achieved a net margin of 25.5% alongside basic earnings per share of $9.00. Investors look forward to the next quarterly earnings release scheduled for October 27, 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 Payouts for Shareholders
Booking Holdings pays an annual dividend of $1.68 per share, which works out to a dividend yield of 1.0%. The company funds this payout using a modest dividend ratio of 17.9% of its earnings.
Analysts Set New Price Targets
Analyst coverage includes several recent price target updates from major financial firms. On October 12, 2026, Cantor Fitzgerald maintained its neutral rating and lowered its target to $170.00. Wells Fargo kept an equal-weight rating on October 7, 2026, adjusting its target to $190.00. Truist Securities maintained a buy rating on September 30, 2026, setting a target of $216.00. BTIG reiterated a buy rating with a $250.00 target on September 24, 2026. Rosenblatt initiated coverage with a buy rating and a $245.00 target on September 1, 2026. Evercore ISI Group maintained an outperform rating on August 24, 2026, raising its target to $270.00, and Argus Research maintained a buy rating with a $245.00 target on August 10, 2026.
What Booking Holdings Does
Booking Holdings Inc. provides online and traditional travel and restaurant reservation services. Through popular platforms like Booking.com, Priceline, Agoda, KAYAK, and OpenTable, the company helps consumers worldwide book accommodations, flights, rental cars, cruises, and dining reservations.
What to Watch at Booking Holdings Inc.
Observers will monitor upcoming SEC filings and the October 27 earnings report to track how institutional managers adjust their travel sector bets. These regulatory disclosures simply report past transactions without signaling any investment advice.
Related Filing Alerts
Source: Trexquant Investment's 13F filing on $BKNG (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Trexquant Investment 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts