Boothbay Fund Management LLC Decreases Holdings in Viking Holdings Ltd. $VIK

Posted by Doug Wharley on Mar 15th, 2026

Boothbay Fund Management LLC decreased its holdings in Viking Holdings Ltd. (NYSE:VIK – Free Report) by 32.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,353 shares of the company’s stock after selling 69,070 shares during the period. Boothbay Fund Management LLC’s holdings in Viking were worth $9,097,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning bought a new stake in Viking during the third quarter worth approximately $383,000. AQR Capital Management LLC bought a new stake in shares of Viking in the 3rd quarter valued at approximately $66,016,000. Man Group plc increased its position in shares of Viking by 20.7% during the 3rd quarter. Man Group plc now owns 831,702 shares of the company’s stock valued at $51,699,000 after purchasing an additional 142,540 shares during the last quarter. Balyasny Asset Management L.P. increased its position in shares of Viking by 26.7% during the 3rd quarter. Balyasny Asset Management L.P. now owns 1,063,250 shares of the company’s stock valued at $66,092,000 after purchasing an additional 224,345 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Viking by 52.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 187,124 shares of the company’s stock valued at $11,632,000 after buying an additional 63,986 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Trading Up 0.7%

NYSE VIK opened at $68.28 on Friday. The stock has a market cap of $30.43 billion, a PE ratio of 26.57, a PEG ratio of 1.26 and a beta of 1.96. Viking Holdings Ltd. has a 12 month low of $31.79 and a 12 month high of $81.48. The company’s 50-day moving average price is $73.45 and its 200-day moving average price is $67.14. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76.

Viking (NYSE:VIK – Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.13. The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.63 billion. Viking had a net margin of 17.65% and a return on equity of 240.75%. The firm’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter last year, the business posted $0.45 EPS. Equities research analysts forecast that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price target on Viking from $73.00 to $74.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Morgan Stanley increased their target price on shares of Viking from $75.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Stifel Nicolaus raised their target price on shares of Viking from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Truist Financial raised their price objective on shares of Viking from $59.00 to $61.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Finally, Jefferies Financial Group upgraded Viking from a “hold” rating to a “buy” rating and boosted their target price for the company from $60.00 to $80.00 in a research report on Monday, December 15th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $72.67.

Get Our Latest Stock Analysis on VIK

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

Positive Sentiment: Viking took delivery of a new river ship, the Viking Eldir, expanding capacity on Rhine/Main/Danube itineraries. Fleet growth supports revenue and itinerary availability for the key river-cruise segment. Viking Takes Delivery of Newest River Ship in Europe
Positive Sentiment: UBS raised its price target on VIK to $83.00 — analyst upgrades/target lifts can directly improve investor sentiment and buying interest. Viking (NYSE:VIK) Price Target Raised to $83.00 at UBS Group
Neutral Sentiment: A press piece highlights a VGS portfolio move that “supercharges” Viking SupplyNet with premium piping connections. It’s unclear how directly this affects Viking Holdings’ core cruise/tour operations or near-term earnings, so any impact is uncertain. VGS Portfolio Supercharges Viking SupplyNet’s Unique, Vertically Integrated Model with Premium Piping Connections
Neutral Sentiment: Several media items reference the word “Viking” (sports, history, lifestyle, or other companies like Viking Therapeutics). These are brand/name noise and not related to Viking Holdings’ fundamentals. Investors should ignore those when evaluating VIK. Example: NFL coverage about the Minnesota Vikings (not the company). Kyler Murray signs with Vikings: Minnesota earns A+ for landing former No. 1 pick after Cardinals release
Negative Sentiment: Financial/valuation headwinds remain: VIK carries high leverage (debt-to-equity ~4.76) and short-term liquidity ratios below 1.0, which can amplify downside during demand slowdowns or cost pressures. These factors temper upside despite positive operational/analyst news.

Viking Company Profile

(Free Report)

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.