DHT Holdings, Inc. (NYSE:DHT) Receives Average Rating of "Moderate Buy" from Analysts

Shares of DHT Holdings, Inc. (NYSE:DHT - Get Free Report) have been given an average rating of "Moderate Buy" by the six research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $19.3333.

DHT has been the topic of several research reports. BTIG Research increased their price target on shares of DHT from $18.00 to $23.00 and gave the company a "buy" rating in a research report on Wednesday, April 22nd. Weiss Ratings cut DHT from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday, July 23rd. Evercore downgraded DHT from an "outperform" rating to an "in-line" rating and set a $19.00 price target for the company. in a research report on Wednesday, April 22nd. Finally, Wall Street Zen upgraded DHT from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 9th.

DHT Price Performance

DHT stock opened at $18.34 on Friday. The firm has a market capitalization of $2.95 billion, a PE ratio of 6.24 and a beta of -0.11. DHT has a 52 week low of $10.69 and a 52 week high of $20.55. The firm's 50-day simple moving average is $17.74 and its 200 day simple moving average is $17.36. The company has a quick ratio of 1.62, a current ratio of 1.83 and a debt-to-equity ratio of 0.33.

DHT (NYSE:DHT - Get Free Report) last posted its earnings results on Wednesday, August 5th. The shipping company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.04. The firm had revenue of $254.96 million during the quarter, compared to the consensus estimate of $247.17 million. DHT had a net margin of 65.52% and a return on equity of 40.90%. The firm's revenue for the quarter was up 174.8% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS.

DHT Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 17th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, August 17th. This is a positive change from DHT's previous quarterly dividend of $0.64. This represents a $4.88 annualized dividend and a dividend yield of 26.6%. DHT's payout ratio is currently 87.07%.

Key DHT News

Here are the key news stories impacting DHT this week:

• Positive Sentiment: Q2 earnings exceeded expectations. DHT reported adjusted earnings of approximately $1.22–$1.23 per share, above the $1.18 analyst consensus. Revenue reached about $255 million according to MarketBeat, while a third-party report cited $285 million; both figures represented substantial year-over-year growth and exceeded estimates. Net income reportedly rose to $198.3 million, and operating cash flow remained strong at $219.5 million. DHT Holdings beats expectations in strong Q2 2026
• Positive Sentiment: Record profitability supports the investment case. DHT reported record six-month profit of $362.9 million, reflecting substantially improved tanker-market conditions compared with the prior year. The company ended the quarter with $161.7 million in cash and modest capital spending of $8.6 million. DHT reports record six-month profit
• Positive Sentiment: DHT increased its quarterly dividend to $1.22 per share from $0.64, a 90.6% increase. The dividend is payable August 24 to shareholders of record August 17, implying an annualized payout of approximately $4.88 per share and a very high stated yield. The ex-dividend date is August 17. DHT Holdings second-quarter 2026 results
• Neutral Sentiment: Institutional positioning was mixed. Several funds, including Millennium Management, Acadian Asset Management and BlackRock, added shares, while other institutions reduced or eliminated positions. Recent analyst targets ranged from $19 to $23, with a reported median of $21.
• Negative Sentiment: Risks remain. DHT cautioned that future results depend on volatile tanker rates and other factors that could cause actual performance to differ materially from management expectations. The stock may also face normal ex-dividend-date pressure after August 17.

Institutional Trading of DHT

Hedge funds and other institutional investors have recently bought and sold shares of the company. Baron Wealth Management LLC raised its position in shares of DHT by 4.2% in the 1st quarter. Baron Wealth Management LLC now owns 14,750 shares of the shipping company's stock valued at $269,000 after purchasing an additional 592 shares in the last quarter. MetLife Investment Management LLC grew its position in shares of DHT by 1.4% during the fourth quarter. MetLife Investment Management LLC now owns 72,883 shares of the shipping company's stock worth $890,000 after buying an additional 994 shares in the last quarter. Harbour Investments Inc. grew its position in shares of DHT by 16.0% during the fourth quarter. Harbour Investments Inc. now owns 7,237 shares of the shipping company's stock worth $88,000 after buying an additional 1,000 shares in the last quarter. Summit Financial LLC increased its stake in shares of DHT by 0.9% in the fourth quarter. Summit Financial LLC now owns 119,438 shares of the shipping company's stock worth $1,458,000 after buying an additional 1,111 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in DHT by 0.6% in the second quarter. First Trust Advisors LP now owns 177,393 shares of the shipping company's stock valued at $1,918,000 after acquiring an additional 1,114 shares in the last quarter. 58.53% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source