Amundi Raises Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Amundi more than doubled its NCLH stake by purchasing 1.18 million additional shares in the first quarter, bringing its holdings to 2.14 million shares valued at approximately $40.1 million. Institutional investors collectively own 69.58% of the company.
• Norwegian Cruise Line reported quarterly EPS of $0.48, ahead of the $0.41 consensus, while revenue rose 4.9% year over year to $2.64 billion. Company insiders also bought approximately $28.5 million of shares during the quarter.
• Analyst sentiment remains cautious, with an average “Hold” rating and a $21.05 price target. Shares opened at $18.55, while the company’s high debt levels and weaker demand outlook present ongoing risks.

Amundi grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 122.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,143,019 shares of the company's stock after purchasing an additional 1,178,251 shares during the quarter. Amundi owned approximately 0.47% of Norwegian Cruise Line worth $40,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. SHP Wealth Management purchased a new position in Norwegian Cruise Line during the fourth quarter valued at $26,000. MUFG Securities EMEA plc purchased a new stake in Norwegian Cruise Line in the 2nd quarter worth $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Norwegian Cruise Line during the 4th quarter valued at about $31,000. Clearstead Advisors LLC boosted its holdings in shares of Norwegian Cruise Line by 130.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,607 shares of the company's stock valued at $36,000 after purchasing an additional 909 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of Norwegian Cruise Line during the fourth quarter valued at about $45,000. 69.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NCLH has been the subject of a number of research reports. Northcoast Research downgraded Norwegian Cruise Line from a "buy" rating to a "neutral" rating in a research report on Wednesday, May 6th. Morgan Stanley raised their price objective on Norwegian Cruise Line from $20.00 to $22.00 and gave the company an "equal weight" rating in a research note on Thursday, July 9th. UBS Group cut their target price on Norwegian Cruise Line from $22.00 to $17.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 19th. Freedom Capital upgraded Norwegian Cruise Line to a "strong-buy" rating in a report on Wednesday, June 3rd. Finally, BMO Capital Markets initiated coverage on Norwegian Cruise Line in a research report on Tuesday, July 7th. They issued a "market perform" rating and a $21.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Hold" and an average price target of $21.05.

Norwegian Cruise Line Trading Up 0.1%

Shares of NCLH opened at $18.55 on Monday. The firm has a market capitalization of $8.51 billion, a price-to-earnings ratio of 11.59, a PEG ratio of 1.10 and a beta of 1.90. The company has a debt-to-equity ratio of 5.40, a current ratio of 0.20 and a quick ratio of 0.17. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.53 and a 1-year high of $27.18. The company has a 50-day moving average of $19.45 and a 200 day moving average of $19.97.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.07. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the prior year, the firm earned $0.51 EPS. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.52 EPS for the current year.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne acquired 25,015 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average price of $17.67 per share, with a total value of $442,015.05. Following the completion of the purchase, the director directly owned 99,811 shares of the company's stock, valued at approximately $1,763,660.37. This represents a 33.44% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John Chidsey bought 153,000 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $16.37 per share, with a total value of $2,504,610.00. Following the acquisition, the chief executive officer owned 1,139,940 shares of the company's stock, valued at $18,660,817.80. This trade represents a 15.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders acquired 1,592,467 shares of company stock worth $28,493,204. Company insiders own 0.25% of the company's stock.

More Norwegian Cruise Line News

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Second-quarter earnings exceeded expectations. NCLH reported adjusted EPS of $0.48 versus the $0.41 consensus, while revenue increased 4.9% year over year to $2.64 billion, in line with estimates. Strong onboard spending and additional cruise capacity also supported the quarter. Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Cost-reduction efforts could improve profitability. The company identified another $100 million in cost savings, with additional reductions expected. Management is also overhauling pricing and marketing to rebuild demand and improve commercial execution. NCLH Finds Another $100 Million in Cost Savings; More Expected
• Positive Sentiment: Analysts still see upside. Citigroup and Wells Fargo each lowered their price targets to $22 while maintaining Buy or Overweight ratings. Stifel cut its target to $25 but retained a Buy rating, indicating that analysts view the recent weakness as excessive despite near-term risks. Analyst Price Target Updates
• Neutral Sentiment: Asset and fleet adjustments provide limited support. NCLH sold Oceania Cruises’ Sirena, which may help streamline the fleet and generate cash, although the immediate financial impact was not disclosed. NCLH Sells Oceania Sirena
• Negative Sentiment: Lower full-year guidance overshadowed the earnings beat. NCLH now expects 2026 EPS of $1.50, below the $1.63 analyst consensus. Management cited weaker demand, lower expected yields, operational challenges and higher fuel costs. Third-quarter EPS guidance of $0.90 is only slightly above consensus, offering limited near-term upside. Norwegian Cruise Q2 Earnings and Revenues Surpass Estimates
• Negative Sentiment: The recovery timeline has lengthened. Management described the turnaround as being in its early stages, with bookings for the next 12 months running below expectations and a broader demand recovery potentially delayed until late 2027. This reinforces concerns that pricing pressure and weaker travel demand may persist. NCLH Demand Recovery May Not Arrive Until Late 2027

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. NYSE: NCLH is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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