Corient Private Wealth LP Invests $57.13 Million in Viking Holdings Ltd. $VIK

Key Points

• Corient Private Wealth purchased 545,822 Viking shares worth approximately $57.1 million in the second quarter, while institutional investors collectively own 98.84% of the company.
• Viking exceeded quarterly expectations, reporting $1.31 in EPS and $2.19 billion in revenue, with revenue rising 16.5% year over year. Analysts maintain a “Moderate Buy” consensus and an average price target of $107.33.
• The board authorized a $1 billion share-repurchase program, and Viking announced the float-out of its second hydrogen-powered ship, the Viking Astrea, which is scheduled for delivery in May 2027.

Corient Private Wealth LP purchased a new stake in Viking Holdings Ltd. (NYSE:VIK - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 545,822 shares of the company's stock, valued at approximately $57,131,000. Corient Private Wealth LP owned 0.12% of Viking as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VIK. Ameritas Advisory Services LLC bought a new position in Viking during the second quarter worth about $31,000. Basecamp Wealth Advisors LLC acquired a new stake in shares of Viking during the first quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new stake in shares of Viking during the fourth quarter worth about $28,000. Newbridge Financial Services Group Inc. bought a new position in shares of Viking during the 3rd quarter valued at about $26,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Viking during the 4th quarter valued at about $31,000. Institutional investors own 98.84% of the company's stock.

Viking Stock Up 1.2%

NYSE:VIK opened at $85.06 on Friday. The stock has a 50-day simple moving average of $96.68 and a 200 day simple moving average of $87.85. Viking Holdings Ltd. has a 52-week low of $56.37 and a 52-week high of $110.09. The company has a market cap of $37.91 billion, a PE ratio of 28.26, a PEG ratio of 1.00 and a beta of 1.41. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.79 and a current ratio of 0.81.

Viking (NYSE:VIK - Get Free Report) last released its earnings results on Thursday, August 20th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $1.26 by $0.05. Viking had a return on equity of 117.98% and a net margin of 19.33%.The firm had revenue of $2.19 billion for the quarter, compared to analysts' expectations of $2.14 billion. During the same quarter in the previous year, the business posted $0.99 EPS. The business's quarterly revenue was up 16.5% compared to the same quarter last year. On average, sell-side analysts expect that Viking Holdings Ltd. will post 3.2 EPS for the current fiscal year.

Insider Activity

In other news, EVP Richard Marnell sold 6,120 shares of Viking stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $94.30, for a total value of $577,116.00. Following the sale, the executive vice president directly owned 110,930 shares in the company, valued at $10,460,699. This trade represents a 5.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Key Stories Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking’s board authorized the repurchase of up to $1 billion of the company’s outstanding ordinary shares. The program could support earnings per share and shareholder returns by reducing the share count, while management said it reflects confidence in Viking’s long-term prospects, financial position and cash-generation ability. Viking Announces $1 Billion Share Repurchase Program
• Positive Sentiment: Viking announced the float-out of the Viking Astrea, its second hydrogen-powered cruise ship capable of operating with zero emissions. The milestone indicates construction is progressing toward scheduled delivery in May 2027, with inaugural itineraries planned for the Mediterranean and Northern Europe. The vessel could strengthen Viking’s fleet capacity and environmental positioning. Viking Announces Float Out of Second Hydrogen-Powered Ship
• Neutral Sentiment: The float-out is a construction milestone rather than an immediate revenue event. Investors will still assess the ship’s final delivery, operating costs, demand for its itineraries and the capital required to expand the fleet. Fincantieri floats out Viking Astrea

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. BNP Paribas Exane reissued an "outperform" rating and set a $121.00 target price (up from $104.00) on shares of Viking in a research note on Tuesday, July 14th. Loop Capital initiated coverage on shares of Viking in a research note on Monday, June 1st. They issued a "buy" rating and a $108.00 price target on the stock. Barclays reduced their price target on shares of Viking from $93.00 to $90.00 and set an "equal weight" rating for the company in a report on Monday, August 31st. The Goldman Sachs Group raised their price objective on shares of Viking from $108.00 to $120.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Wall Street Zen lowered shares of Viking from a "buy" rating to a "hold" rating in a report on Saturday, June 20th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $107.33.

About Viking

Viking Holdings Ltd. is a global travel company that operates the Viking brand of destination-focused cruises. Its offerings include river cruises, ocean cruises and expedition voyages, with an emphasis on cultural enrichment, regional cuisine and immersive shore excursions rather than onboard casinos or other traditional cruise-ship amenities.

Viking's river cruise business serves major waterways in Europe, including the Rhine, Main, Danube, Rhône, Saône, Seine and Douro, as well as selected rivers in other regions such as Asia, Egypt and the Mississippi in the United States.

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