Bank of Montreal Adds $123M in Booking Holdings Inc. ($BKNG)

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 Snapshot

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.

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.