Booking Holdings reported third-quarter revenue of $9.01 billion, surpassing consensus estimates of $8.71 billion and marking a 12.7% year-over-year increase driven by continued strength in accommodation bookings. Adjusted earnings per share came in at $99.50, topping the Street’s $95.56 forecast by $3.94. Despite a negative return on equity of 134.86%, the company delivered a net margin of 19.37%, reflecting disciplined cost management and higher take-rates on its platform services.

In its latest 13F filing, Abacus FCF Advisors increased its Booking holdings by 2.7% in Q3, adding 108 shares to reach 4,077 shares—now 2.9% of its portfolio and the firm’s fourth largest holding valued at $22.01 million. Other institutional moves include Aprio Wealth adding 2 shares to reach 88 shares; GSG Advisors boosting its stake by 4.3% to 49 shares; and Ballentine Partners inching up by 0.4% to 488 shares. Overall, 92.42% of the company’s stock remains in the hands of institutional investors.

Several brokerages have revised their outlooks higher. Bank of America upgraded its rating from Neutral to Buy and set a $6,000 target, while KeyCorp raised its price objective from $6,450 to $6,630 and maintained an Overweight rating. Barclays followed suit, increasing its target from $6,000 to $6,250 with an Overweight view. The consensus among 35 analysts is a Moderate Buy, with an average target of $6,149.23.

The board declared a quarterly dividend of $9.60 per share, payable December 31 to holders of record December 5, implying an annualized payout of $38.40 and a yield near 0.7%. On the insider front, Director Robert J. Mylod Jr. sold 40 shares at an average price of $5,000 for proceeds of $200,000, reducing his stake by 4%. CEO Glenn D. Fogel also offloaded 571 shares at $5,414.53 each, generating $3.09 million in proceeds and trimming his ownership by 2.65%. Over the past three months, insiders have sold 3,324 shares valued at $17.19 million.