384,400 Shares in Viking Holdings Ltd. $VIK Acquired by ING Groep NV

ING Groep NV bought a new stake in Viking Holdings Ltd. (NYSE:VIK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 384,400 shares of the company’s stock, valued at approximately $23,894,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIK. Pittenger & Anderson Inc. purchased a new stake in shares of Viking in the 2nd quarter valued at approximately $27,000. Private Trust Co. NA purchased a new position in Viking in the second quarter valued at $29,000. TFC Financial Management Inc. acquired a new stake in Viking in the third quarter valued at $44,000. Sentry Investment Management LLC purchased a new stake in Viking during the 3rd quarter worth about $44,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Viking during the 2nd quarter worth about $53,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on VIK shares. Citigroup increased their price objective on Viking from $74.00 to $85.00 and gave the company a “buy” rating in a report on Friday, December 12th. The Goldman Sachs Group upgraded shares of Viking from a “neutral” rating to a “buy” rating and increased their price target for the company from $66.00 to $78.00 in a research note on Tuesday, December 9th. Morgan Stanley boosted their price objective on shares of Viking from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Bank of America increased their target price on shares of Viking from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, Mizuho set a $59.00 price target on shares of Viking in a research note on Wednesday, November 19th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Viking presently has a consensus rating of “Moderate Buy” and an average target price of $68.00.

More Viking News

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Morgan Stanley upgrade/coverage lift — analyst Stephen Grambling raised Viking’s price target to $75 (Overweight), highlighting resilience in wealthier demographic segments and supporting buy-side interest. Morgan Stanley Highlights Viking Holdings (VIK) for Resilience in Wealthier Demographic Segments
• Positive Sentiment: Brand expansion in China — Viking opened its first Brand Experience Center in Beijing, which can boost direct bookings, brand awareness and long-term demand in the important China outbound market. Viking Opens First Brand Experience Center in Beijing
• Positive Sentiment: Route/network enhancement — Henderson has been added as a permanent stop on Viking river cruises, expanding itinerary depth and potential per-passenger revenue on certain U.S. itineraries. Henderson becomes permanent stop on Viking River Cruise
• Positive Sentiment: ESG recognition — the Viking Sky won the Dover Cruise SEA Award for sustainability, reinforcing the company’s environmental credentials which can matter to institutional and long-term retail buyers. Viking Sky Wins Dover Cruise SEA Award for Sustainability
• Neutral Sentiment: Unrelated media coverage using “Viking” name — several archaeology/history pieces about Viking-era finds (mass graves, legendary burials) are trending; these are editorially unrelated to Viking Holdings but can create short-term name-search noise. Viking Age Mass Grave in UK Reveals “Giant” with Skull Surgery
• Neutral Sentiment: More popular-press Viking archaeology stories (legendary burial reporting) — notable for PR noise but not company fundamentals. A Legendary Viking Burial Could Be Real After All. The Evidence Is Hiding In Plain Sight.
• Neutral Sentiment: Science/space story about the historical “Viking” Mars missions — topical interest but irrelevant to Viking Holdings’ business. Did the Viking missions discover life on Mars 50 years ago? These scientists think so

Viking Price Performance

VIK stock opened at $77.53 on Wednesday. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 5.68. The company has a market capitalization of $34.36 billion, a P/E ratio of 36.23, a PEG ratio of 0.67 and a beta of 2.07. The business has a 50 day simple moving average of $71.45 and a 200-day simple moving average of $64.60. Viking Holdings Ltd. has a twelve month low of $31.79 and a twelve month high of $78.59.

Viking (NYSE:VIK) last announced its earnings results on Wednesday, November 19th. The company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. The business had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Viking had a net margin of 15.53% and a return on equity of 716.92%. The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS. As a group, equities analysts anticipate that Viking Holdings Ltd. will post 1.49 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.