Orser Capital Management LLC bought a new position in Viking Holdings Ltd. (NYSE:VIK - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 29,241 shares of the company's stock, valued at approximately $3,061,000. Viking comprises about 1.6% of Orser Capital Management LLC's holdings, making the stock its 19th biggest position.
Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of Viking by 18.3% in the second quarter. GAMMA Investing LLC now owns 938 shares of the company's stock worth $98,000 after acquiring an additional 145 shares during the period. Central Pacific Bank Trust Division lifted its position in Viking by 13.9% during the second quarter. Central Pacific Bank Trust Division now owns 12,175 shares of the company's stock valued at $1,274,000 after purchasing an additional 1,489 shares during the period. CoreCap Advisors LLC boosted its holdings in Viking by 132,150.0% in the second quarter. CoreCap Advisors LLC now owns 2,645 shares of the company's stock worth $277,000 after purchasing an additional 2,643 shares during the last quarter. Eastern Bank purchased a new stake in Viking in the second quarter worth approximately $10,533,000. Finally, Basecamp Wealth Advisors LLC bought a new stake in Viking in the 1st quarter worth approximately $25,000. Institutional investors own 98.84% of the company's stock.
Viking Price Performance
Shares of NYSE:VIK opened at $106.01 on Friday. The company has a debt-to-equity ratio of 5.27, a current ratio of 0.78 and a quick ratio of 0.76. Viking Holdings Ltd. has a 1-year low of $55.55 and a 1-year high of $110.09. The company has a market capitalization of $47.25 billion, a P/E ratio of 39.41, a P/E/G ratio of 1.24 and a beta of 1.50. The firm's 50 day simple moving average is $98.58 and its two-hundred day simple moving average is $84.54.
Viking (NYSE:VIK - Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.11). The firm had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $1.01 billion. Viking had a net margin of 18.00% and a return on equity of 149.40%. The company's revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.24) earnings per share. Research analysts expect that Viking Holdings Ltd. will post 3.32 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Richard Marnell sold 11,287 shares of the company's stock in a transaction on Friday, June 12th. The shares were sold at an average price of $92.85, for a total value of $1,047,997.95. Following the completion of the transaction, the executive vice president owned 117,050 shares of the company's stock, valued at approximately $10,868,092.50. This represents a 8.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have sold 17,566 shares of company stock valued at $1,640,166.
Key Headlines Impacting Viking
Here are the key news stories impacting Viking this week:
- Positive Sentiment: Analyst upgrade and higher price target: Wells Fargo raised its price target on Viking from $109 to $128 and upgraded the stock to “overweight,” implying approximately 20.7% upside from the referenced price. The upgrade helped drive the shares to a new 12-month high and signals confidence in the company’s growth outlook. Benzinga report on Wells Fargo price-target increase
- Positive Sentiment: New voyage bookings opened: Viking began accepting reservations for its 2028–2029 ocean voyages. Opening bookings this far in advance supports visibility into future demand and could help strengthen the company’s long-term revenue pipeline. Viking Opens Bookings for 2028–2029 Ocean Voyages
- Neutral Sentiment: Second-quarter results ahead: Viking scheduled a conference call to discuss its second-quarter 2026 financial results. Investors will focus on bookings, pricing, occupancy, guidance and demand trends when results are released. Viking Schedules Conference Call on Second Quarter 2026 Financial Results
- Negative Sentiment: Profit-taking risk after rally: The stock recently reached a new 12-month high, so some investors may be locking in gains, particularly with the shares trading at a relatively elevated valuation. This could explain near-term weakness despite the favorable analyst call and booking news. Viking Hits New 12-Month High on Analyst Upgrade
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the stock. Stifel Nicolaus set a $105.00 target price on shares of Viking in a research note on Friday, May 15th. Citigroup lifted their price objective on Viking from $101.00 to $113.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. upped their price objective on Viking from $87.00 to $104.00 and gave the company an "overweight" rating in a research report on Monday, April 27th. Wall Street Zen cut Viking from a "buy" rating to a "hold" rating in a research report on Saturday, June 20th. Finally, Mizuho raised their target price on Viking from $69.00 to $75.00 and gave the stock an "underperform" rating in a research report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Viking currently has an average rating of "Moderate Buy" and an average target price of $105.11.
Check Out Our Latest Analysis on Viking
About Viking
(
Free Report)
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.
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