DHT (NYSE:DHT) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

DHT (NYSE:DHT) issued its quarterly earnings data on Wednesday. The shipping company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01, Zacks reports. The firm had revenue of $117.80 million for the quarter, compared to analysts’ expectations of $116.96 million. DHT had a net margin of 41.17% and a return on equity of 17.05%. The firm’s revenue was up 37.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.34 EPS.

DHT Stock Performance

NYSE:DHT opened at $14.07 on Thursday. DHT has a fifty-two week low of $8.99 and a fifty-two week high of $14.49. The company has a market cap of $2.26 billion, a P/E ratio of 11.35 and a beta of -0.07. The firm’s 50 day moving average is $12.93 and its two-hundred day moving average is $12.41. The company has a quick ratio of 2.02, a current ratio of 2.41 and a debt-to-equity ratio of 0.22.

DHT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 19th will be paid a dividend of $0.41 per share. This is an increase from DHT’s previous quarterly dividend of $0.18. This represents a $1.64 dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend is Thursday, February 19th. DHT’s payout ratio is 58.06%.

Key Stories Impacting DHT

Here are the key news stories impacting DHT this week:

• Positive Sentiment: DHT raised its quarterly dividend to $0.41 (127.8% increase vs. prior quarter), implying an ~11.7% yield and a materially higher cash return to shareholders — a clear income catalyst for the stock. (ex‑dividend Feb 19).
• Positive Sentiment: Solid Q4 results — EPS of $0.41 topped/was in line with estimates and revenue beat consensus, with strong margins and YoY revenue growth; operational metrics remain robust. Read More.
• Positive Sentiment: BTIG raised its price target to $18 and maintained a Buy, signaling bullish analyst conviction and upside vs. current levels. Read More.
• Neutral Sentiment: Company disclosures show stronger operating cash flow but a large increase in capital spending (substantial PPE purchases), suggesting growth or renewal capex that may pressure near‑term free cash flow. Read More.
• Neutral Sentiment: Industry commentary in earnings referenced a “fundamental shift” (Sinokor‑Aponte emergence), flagging structural market changes for VLCC owners — important context but uncertain directionally until booking data clarifies impact. Read More.
• Negative Sentiment: ABG Sundal Collier downgraded DHT after management commentary and a recent tanker sale led the broker to cut near‑term profit expectations; analysts flagged disappointing Q1 booking rates as a headwind for short‑term tanker earnings. Read More.

Institutional Investors Weigh In On DHT

Several hedge funds have recently modified their holdings of DHT. Qube Research & Technologies Ltd lifted its holdings in shares of DHT by 706.0% in the second quarter. Qube Research & Technologies Ltd now owns 1,077,704 shares of the shipping company’s stock valued at $11,650,000 after purchasing an additional 943,990 shares in the last quarter. Lazard Asset Management LLC lifted its stake in DHT by 1,376.6% in the 2nd quarter. Lazard Asset Management LLC now owns 388,043 shares of the shipping company’s stock worth $4,194,000 after acquiring an additional 361,764 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in DHT by 18.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,857,049 shares of the shipping company’s stock worth $22,192,000 after acquiring an additional 293,580 shares during the period. Wasatch Advisors LP grew its stake in DHT by 11.9% during the 3rd quarter. Wasatch Advisors LP now owns 2,329,182 shares of the shipping company’s stock valued at $27,834,000 after acquiring an additional 248,620 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of DHT by 55.4% in the 2nd quarter. Bank of America Corp DE now owns 550,163 shares of the shipping company’s stock valued at $5,947,000 after purchasing an additional 196,047 shares during the period. 58.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DHT has been the subject of several research reports. Jefferies Financial Group restated a “buy” rating and set a $16.00 price objective on shares of DHT in a research report on Thursday, October 30th. Evercore ISI boosted their price target on DHT from $14.00 to $15.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. Wall Street Zen lowered DHT from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. BTIG Research boosted their target price on shares of DHT from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of DHT in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, DHT presently has an average rating of “Moderate Buy” and an average price target of $16.33.

DHT Company Profile

DHT Holdings, Inc (NYSE: DHT) is a Bermuda-based independent crude oil tanker company that provides seaborne transportation of crude oil on a worldwide basis. The company’s core business involves the ownership and operation of a modern fleet of Very Large Crude Carriers (VLCCs) and Suezmax tankers, which are chartered to oil producers, trading houses and national oil companies. Through spot charters, time-charters and tanker pooling arrangements, DHT connects crude oil exporters with refining hubs in Asia, Europe, North America and other global markets.

Founded in 2005 and listed on the New York Stock Exchange later that year, DHT has grown its presence in the maritime sector by focusing on operational efficiency and disciplined capital management.