Viking Holdings Ltd. $VIK Shares Sold by Capital Research Global Investors

Capital Research Global Investors reduced its stake in shares of Viking Holdings Ltd. (NYSE:VIK) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 6.80% of Viking worth $1,872,046,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. CI Investments Inc. raised its stake in shares of Viking by 53.1% in the 3rd quarter. CI Investments Inc. now owns 551 shares of the company’s stock valued at $34,000 after purchasing an additional 191 shares in the last quarter. TFC Financial Management Inc. acquired a new position in Viking during the 3rd quarter worth $44,000. Sentry Investment Management LLC acquired a new position in shares of Viking during the third quarter valued at approximately $44,000. Park Place Capital Corp bought a new stake in shares of Viking in the 3rd quarter worth $58,000. Finally, Byrne Asset Management LLC lifted its holdings in Viking by 700.0% in the 3rd quarter. Byrne Asset Management LLC now owns 960 shares of the company’s stock valued at $60,000 after acquiring an additional 840 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on VIK shares. The Goldman Sachs Group upgraded shares of Viking from a “neutral” rating to a “buy” rating and upped their price target for the company from $66.00 to $78.00 in a research report on Tuesday, December 9th. Mizuho upped their price target on Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, March 5th. Weiss Ratings restated a “hold (c)” rating on shares of Viking in a research note on Monday, December 29th. Barclays upped their price target on shares of Viking from $63.00 to $77.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Finally, Truist Financial increased their target price on Viking from $59.00 to $61.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $72.40.

Viking Stock Up 5.2%

VIK stock opened at $72.47 on Tuesday. The company has a market cap 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 business’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. The company has a quick ratio of 0.77, a current ratio of 0.79 and a debt-to-equity ratio of 4.76.

Viking (NYSE:VIK) last released 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. Viking had a return on equity of 240.75% and a net margin of 17.65%.The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the business earned $0.45 earnings per share. The company’s quarterly revenue was up 27.8% on a year-over-year basis. On average, research analysts anticipate that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Key Stories Impacting Viking

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.