Radnor Capital Management LLC Grows Stake in Viking Holdings Ltd (NYSE:VIK)

Radnor Capital Management LLC boosted its position in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) by 27.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,580 shares of the company's stock after purchasing an additional 5,800 shares during the period. Radnor Capital Management LLC's holdings in Viking were worth $1,057,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Select Equity Group L.P. grew its stake in Viking by 26.9% in the fourth quarter. Select Equity Group L.P. now owns 17,279,911 shares of the company's stock worth $761,353,000 after purchasing an additional 3,658,225 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Viking by 26.0% in the 4th quarter. Capital Research Global Investors now owns 12,086,045 shares of the company's stock worth $532,511,000 after buying an additional 2,492,724 shares during the period. Norges Bank bought a new position in shares of Viking during the 4th quarter worth $245,038,000. Two Sigma Investments LP raised its holdings in shares of Viking by 1,972.0% in the fourth quarter. Two Sigma Investments LP now owns 2,385,193 shares of the company's stock valued at $105,092,000 after acquiring an additional 2,270,075 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its stake in Viking by 4,840.2% in the fourth quarter. Two Sigma Advisers LP now owns 2,321,900 shares of the company's stock worth $102,303,000 after acquiring an additional 2,274,900 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VIK has been the subject of several recent research reports. Barclays reduced their price target on Viking from $46.00 to $45.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. BNP Paribas assumed coverage on shares of Viking in a research report on Thursday, March 27th. They set an "outperform" rating and a $47.00 target price on the stock. Wall Street Zen cut shares of Viking from a "strong-buy" rating to a "buy" rating in a report on Friday. Northcoast Research initiated coverage on shares of Viking in a report on Friday, April 25th. They set a "buy" rating and a $51.00 price objective on the stock. Finally, Morgan Stanley cut their target price on Viking from $49.00 to $47.00 and set an "overweight" rating on the stock in a research report on Thursday, April 10th. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $49.00.

Viking Trading Down 0.3%

Viking stock traded down $0.17 during mid-day trading on Tuesday, hitting $48.71. The company had a trading volume of 2,477,037 shares, compared to its average volume of 2,502,036. The company has a market capitalization of $21.02 billion and a price-to-earnings ratio of 39.60. Viking Holdings Ltd has a 12-month low of $30.42 and a 12-month high of $53.14. The company's fifty day moving average is $42.61 and its 200-day moving average is $44.68.

Viking (NYSE:VIK - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.26) by $0.02. The firm had revenue of $897.06 million for the quarter, compared to analysts' expectations of $841.18 million. The business's quarterly revenue was up 24.9% on a year-over-year basis. During the same period last year, the company posted ($1.21) earnings per share. As a group, sell-side analysts expect that Viking Holdings Ltd will post 1.49 EPS for the current fiscal 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.