Fortress Investment Group LLC Purchases Shares of 125,344 Viking Holdings Ltd. $VIK

Fortress Investment Group LLC purchased a new position in shares of Viking Holdings Ltd. (NYSE:VIK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 125,344 shares of the company’s stock, valued at approximately $7,791,000. Viking comprises approximately 1.0% of Fortress Investment Group LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Invesco Ltd. raised its holdings in shares of Viking by 32.8% during the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock valued at $873,246,000 after buying an additional 3,471,244 shares in the last quarter. Federated Hermes Inc. lifted its position in Viking by 381.8% in the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock worth $526,792,000 after buying an additional 6,715,666 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Viking by 80.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock worth $504,601,000 after buying an additional 3,615,969 shares in the last quarter. Holocene Advisors LP boosted its stake in Viking by 57.9% in the second quarter. Holocene Advisors LP now owns 5,706,427 shares of the company’s stock worth $304,095,000 after buying an additional 2,092,729 shares in the last quarter. Finally, Norges Bank bought a new position in Viking during the second quarter valued at approximately $236,911,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Viking News Summary

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.

Analyst Ratings Changes

Several research firms have commented on VIK. Wall Street Zen upgraded shares of Viking from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viking in a report on Monday, December 29th. Wells Fargo & Company lifted their target price on shares of Viking from $77.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Mizuho boosted their price target on shares of Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Viking from $73.00 to $74.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Viking currently has an average rating of “Moderate Buy” and an average price target of $72.67.

Viking Stock Performance

Shares of VIK stock opened at $68.28 on Monday. The company has a market capitalization of $30.43 billion, a P/E ratio of 26.57, a PEG ratio of 1.26 and a beta of 1.96. Viking Holdings Ltd. has a fifty-two week low of $31.79 and a fifty-two week high of $81.48. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.77 and a current ratio of 0.79. The stock has a 50 day moving average price of $73.45 and a two-hundred day moving average price of $67.17.

Viking (NYSE:VIK) last issued its earnings results on Tuesday, March 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.13. Viking had a net margin of 17.65% and a return on equity of 240.75%. The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the business earned $0.45 earnings per share. The business’s revenue was up 27.8% on a year-over-year basis. Analysts expect that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

About Viking

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.