Bank of Montreal 13F: Adds $128M to Booking (BKNG) Stake
Bank of Montreal boosts its stake in Booking Holdings Inc. by over 700,000 shares, reflecting a significant increase.
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Bank of Montreal added 716,635 shares to its stake in Booking Holdings Inc. ($BKNG), a 2147.86% increase, according to a 13F filing with the SEC dated May 13, 2026. It reported 750,000 shares worth $133.68 million at the end of the quarter.
Since the filing, $BKNG is up 1.2% after 1 week, up 6.7% after 1 month and up 6.0% to date (from the $154.27 close on May 13, 2026).
Find the original: Bank of Montreal 13F filings on SEC EDGAR
BKNG
Booking Holdings Inc.
Key Points
- Bank of Montreal increased its holding in Booking Holdings Inc. by 716,635 shares, bringing its total to 750,000 shares as of the latest 13F filing.
- Booking Holdings Inc. trades on the NasdaqGS with a current price of $174.45, a market cap of about $133 billion, and a P/E ratio of 22.6.
- Analysts from firms like UBS and JP Morgan maintain a 'buy' rating on Booking Holdings, with price targets ranging from $205 to $249.
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Bank of Montreal has significantly boosted its stake in Booking Holdings Inc. (NasdaqGS: BKNG), according to its latest Form 13F filing with the SEC. The bank added 716,635 shares, increasing its total holding to 750,000 shares, valued at approximately $130.8 million. This represents a substantial change from the previous quarter's 33,365 shares, marking a 2,147.86% increase in its position.
What Changed in Bank of Montreal's Booking Holdings Position
Bank of Montreal's recent filing shows a strong vote of confidence in Booking Holdings Inc. The bank's holding jumped from 33,365 shares to 750,000 shares, adding 716,635 shares in the process. This change reflects a massive increase of over 2,147%, with the total value of the stake now standing at about $130.8 million.
Other Institutional Activity in Booking Holdings
Several other institutional investors have also been active in Booking Holdings. TRIGLAV INVESTMENTS, D.O.O. grew its holdings by 150 million shares, ending with 157.5 million shares valued at approximately $6.4 million. BlackRock, Inc. added 63,572,325 shares, bringing its total to 66,328,500 shares worth around $11.2 billion. Vanguard Capital Management LLC maintained its position with 51,910,900 shares valued at about $8.7 billion. State Street Corp increased its stake by 34,084,784 shares, now holding 35,519,900 shares valued at $5.98 billion. Price T Rowe Associates Inc /MD/ upped its position by 28,027,079 shares to a total of 28,993,200 shares, valued at $4.88 billion.
Booking Holdings Inc. Stock Up 6.2%
Shares of Booking Holdings Inc. (NasdaqGS: BKNG) are trading around $174.45. The company has a market capitalization of approximately $133 billion and a P/E ratio of 22.6. Its beta, a measure of volatility, stands at 1.088. The stock has seen a 52-week low of $150.14 and a high of $233.58, with a 50-day moving average of $169.66 and a 200-day moving average of $190.96. The company's current ratio is 1.057, and its quick ratio is 0.987, indicating a sound liquidity position.
Recent Earnings
Booking Holdings Inc. reported revenue of $27.69 billion, reflecting a growth of 16.2%. The company's net margin is 22.23%, with an EPS of $7.59. The return on equity (ROE) stands at a solid rate, showcasing efficient management of equity. The next earnings report is 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.
Insider Buying and Selling at Booking Holdings Inc.
Recent insider activity at Booking Holdings includes several purchases on May 30, 2026. Mylod Robert Jr. acquired 2,240 shares, while Sumit Singh, Kelly Grier, Nicholas Read, and Graddick Weir Mirian each bought 1,583 shares. Lynn Vojvodich Radakovich sold 1,200 shares on the same day. None of these transactions were part of a pre-planned trading program.
Analysts Set New Price Targets
On April 30, 2026, Argus Research maintained its 'buy' rating on Booking Holdings with a price target of $205. On April 29, JP Morgan also maintained a 'buy' rating, setting a target at $208. UBS, TD Cowen, and RBC Capital also reaffirmed their 'buy' ratings with targets of $249, $230, and $220, respectively. The consensus among 35 analysts suggests a 'buy' rating, with a mean target price of $224.41.
About Booking Holdings Inc.
Booking Holdings Inc., headquartered in Norwalk, Connecticut, is a leading provider of online travel and restaurant reservation services. The company operates well-known platforms such as Booking.com, Priceline, Agoda, and KAYAK, offering a wide range of travel-related services, including accommodation, flight, and rental car reservations. Additionally, it provides travel insurance, payment facilitation, and advertising services. Under the leadership of CEO Glenn D. Fogel, the company employs approximately 24,900 people worldwide.
Bottom Line
The substantial increase in Bank of Montreal's stake in Booking Holdings Inc. highlights the bank's confidence in the travel services giant. Investors often track such filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not represent current positions. With a strong market position and positive analyst sentiment, Booking Holdings remains a focal point in the travel services sector.
Related Filing Alerts
Source: Bank of Montreal's 13F filing on $BKNG (May 13, 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: Bank of Montreal 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts