Qsemble Capital Management LP Buys Shares of 59,095 Viking Holdings Ltd. $VIK

Qsemble Capital Management LP bought a new stake in Viking Holdings Ltd. (NYSE:VIK) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 59,095 shares of the company’s stock, valued at approximately $4,220,000.

A number of other large investors also recently bought and sold shares of VIK. Federated Hermes Inc. lifted its position in Viking by 381.8% in the third quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock valued at $526,792,000 after buying an additional 6,715,666 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position 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 valued at $504,601,000 after buying an additional 3,615,969 shares during the last quarter. Invesco Ltd. lifted its position in Viking by 32.8% in the third 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 during the last quarter. Dream Peak Capital Ltd acquired a new position in Viking in the fourth quarter valued at about $223,744,000. Finally, State Street Corp lifted its position in Viking by 34,748.5% in the second quarter. State Street Corp now owns 1,812,120 shares of the company’s stock valued at $96,568,000 after buying an additional 1,806,920 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Ratings Changes

VIK has been the topic of a number of recent analyst reports. The Goldman Sachs Group upped their target price on shares of Viking from $84.00 to $95.00 and gave the company a “buy” rating in a research report on Friday. Mizuho upped their target price on shares of Viking from $69.00 to $75.00 and gave the company an “underperform” rating in a research report on Friday. Stifel Nicolaus set a $105.00 target price on shares of Viking in a research report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Viking from $87.00 to $104.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Truist Financial boosted their price target on shares of Viking from $61.00 to $75.00 and gave the stock a “hold” rating in a research note on Tuesday, March 24th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Viking currently has a consensus rating of “Moderate Buy” and an average price target of $88.57.

Insider Buying and Selling at Viking

In related news, EVP Jeffrey Dash sold 46,369 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the sale, the executive vice president directly owned 420,022 shares in the company, valued at approximately $33,698,365.06. This represents a 9.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking’s Q1 results showed earnings in line with estimates and revenue above expectations, helped by 17.5% year-over-year growth and strong advanced bookings that suggest demand remains healthy. Article: Viking Shares Rise After First-Quarter Earnings Top Expectations
• Positive Sentiment: Investors are also encouraged by commentary that Viking is well positioned for 2027, with booking trends and cruise demand supporting the growth outlook. Article: Viking Well Positioned for 2027 With Strong Advanced Bookings
• Positive Sentiment: Analysts and market commentary have highlighted Viking’s improving fundamentals, including accelerating booking growth and potential for future rating upgrades. Article: Viking Sails to All-Time Highs—Fundamentals Signal More to Come
• Neutral Sentiment: Mizuho raised its price target on Viking to $75 from $69, but kept an underperform rating, signaling mixed analyst sentiment despite the higher target. Article: Viking price target raised by Mizuho
• Neutral Sentiment: Viking announced a CEO transition, naming Leah Talactac as CEO and Torstein Hagen as executive chairman, which adds leadership clarity but also brings a new management structure into focus. Article: Viking announces Leah Talactac as new CEO
• Negative Sentiment: Some commentary points to rising fuel costs and the company’s heavy leverage as risks that could pressure margins and keep investors focused on profitability and debt. Article: Viking Holdings’ revenue growth helps offset rising fuel costs

Viking Stock Down 3.5%

Shares of NYSE:VIK opened at $83.70 on Friday. The firm’s 50-day moving average is $76.81 and its two-hundred day moving average is $72.03. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77. Viking Holdings Ltd. has a 1 year low of $42.20 and a 1 year high of $92.00. The firm has a market capitalization of $37.30 billion, a PE ratio of 31.12, a price-to-earnings-growth ratio of 1.60 and a beta of 1.57.

Viking (NYSE:VIK) last released its earnings results on Thursday, May 14th. The company reported ($0.11) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.11). Viking had a net margin of 18.23% and a return on equity of 166.31%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm earned ($0.24) earnings per share. The business’s quarterly revenue was up 17.5% compared to the same quarter last year. Analysts predict that Viking Holdings Ltd. will post 3.31 EPS for the current year.

Viking Company Profile

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.