Capital Research Global Investors Sells 2,120,905 Shares of Viking Holdings Ltd. $VIK

Capital Research Global Investors reduced its stake in Viking Holdings Ltd. (NYSE:VIK) by 6.6% during the 3rd quarter, Holdings Channel reports. The firm owned 30,117,476 shares of the company’s stock after selling 2,120,905 shares during the period. Capital Research Global Investors owned approximately 0.07% of Viking worth $1,872,046,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Invesco Ltd. increased its stake in shares of Viking by 400.3% in the 2nd quarter. Invesco Ltd. now owns 10,577,113 shares of the company’s stock valued at $563,654,000 after acquiring an additional 8,462,947 shares during the last quarter. Federated Hermes Inc. raised its stake in Viking by 381.8% during 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 period. Norges Bank acquired a new stake in shares of Viking during the second quarter worth about $236,911,000. Massachusetts Financial Services Co. MA grew its position in shares of Viking by 80.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock valued at $504,601,000 after purchasing an additional 3,615,969 shares during the period. Finally, Holocene Advisors LP boosted its holdings in shares of Viking by 57.9% in the second quarter. Holocene Advisors LP now owns 5,706,427 shares of the company’s stock valued at $304,095,000 after buying an additional 2,092,729 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on VIK. Stifel Nicolaus boosted their price objective on shares of Viking from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Citigroup raised their target price on shares of Viking from $85.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Mizuho boosted their price objective 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. Wall Street Zen upgraded shares of Viking from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Viking in a research note on Monday, December 29th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Viking presently has a consensus rating of “Moderate Buy” and an average price target of $72.40.

Viking Stock Performance

NYSE:VIK opened at $72.47 on Tuesday. The firm has a market capitalization of $32.11 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 1.27 and a beta of 1.96. The company has a quick ratio of 0.77, a current ratio of 0.79 and a debt-to-equity ratio of 4.76. The stock’s 50-day simple moving average is $73.58 and its 200 day simple moving average is $66.92. Viking Holdings Ltd. has a twelve month low of $31.79 and a twelve month high of $81.48.

Viking (NYSE:VIK) last posted its earnings results on Tuesday, March 3rd. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $1.63 billion. During the same period in the previous year, the firm posted $0.45 EPS. The company’s revenue for the quarter was up 27.8% compared to the same quarter last year. On average, analysts anticipate that Viking Holdings Ltd. will post 1.49 EPS for the current fiscal year.

More Viking News

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Brokerage consensus moved to “Moderate Buy,” which can attract additional investor interest and support multiple-buy-side models. Article Title
• Positive Sentiment: Wall Street Zen raised its rating on VIK to Buy, another fresh upgrade that likely contributed to today’s buying momentum. Article Title
• Positive Sentiment: Viking will resume Egypt river cruises starting March 12 after updated travel guidance — reopening a previously paused revenue stream and reducing short-term operational uncertainty for river itineraries. Article Title
• Neutral Sentiment: Viking reversed an earlier decision on Egypt cruises following updated travel guidance — operationally important but already priced in by the market once resumption was announced. Article Title
• Neutral Sentiment: Press pieces about unrelated “Viking” topics (historical features and a motorcycle top-case product) are circulating but do not materially affect Viking Holdings’ cruise business fundamentals. Viking Bags Product
• Neutral Sentiment: Culture/history features referencing “Vikings” (non-corporate) are gaining attention but are unlikely to move VIK shares. Article Title
• Neutral Sentiment: Light human-interest coverage (e.g., on historical merchant stories) is not investment-relevant for Viking Holdings. Article Title

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.