WCM Investment Management LLC Decreases Position in Viking Holdings Ltd. $VIK

WCM Investment Management LLC lowered its stake in shares of Viking Holdings Ltd. (NYSE:VIK) by 39.7% in the 1st quarter, HoldingsChannel reports. The firm owned 53,363 shares of the company’s stock after selling 35,164 shares during the quarter. WCM Investment Management LLC’s holdings in Viking were worth $3,653,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of VIK. Invesco Ltd. lifted its stake in Viking by 4.1% in the fourth quarter. Invesco Ltd. now owns 14,619,029 shares of the company’s stock valued at $1,043,945,000 after purchasing an additional 570,672 shares during the last quarter. Federated Hermes Inc. lifted its holdings in Viking by 1.6% during the fourth quarter. Federated Hermes Inc. now owns 8,611,685 shares of the company’s stock valued at $614,960,000 after purchasing an additional 136,918 shares during the last quarter. Norges Bank purchased a new stake in Viking during the fourth quarter valued at about $372,297,000. AQR Capital Management LLC boosted its position in Viking by 316.8% during the fourth quarter. AQR Capital Management LLC now owns 4,426,297 shares of the company’s stock worth $316,082,000 after purchasing an additional 3,364,265 shares during the period. Finally, Dream Peak Capital Ltd bought a new position in Viking during the fourth quarter worth about $223,744,000. Institutional investors own 98.84% of the company’s stock.

Viking Trading Up 0.0%

Shares of Viking stock opened at $97.06 on Tuesday. Viking Holdings Ltd. has a 12-month low of $55.55 and a 12-month high of $105.76. The company has a market cap of $43.26 billion, a price-to-earnings ratio of 36.08, a PEG ratio of 1.11 and a beta of 1.48. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 5.27. The company’s 50-day moving average price is $93.83 and its 200-day moving average price is $81.64.

Viking (NYSE:VIK) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.11) EPS for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. Viking had a net margin of 18.00% and a return on equity of 149.40%. Viking’s revenue was up 17.5% compared to the same quarter last year. During the same period last year, the business earned ($0.24) earnings per share. On average, equities analysts expect that Viking Holdings Ltd. will post 3.32 earnings per share for the current fiscal year.

Insider Transactions at Viking

In other Viking news, EVP Richard Marnell sold 6,120 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 110,930 shares of the company’s stock, valued at $10,460,699. This trade represents a 5.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have sold 17,566 shares of company stock valued at $1,640,166.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on VIK. Morgan Stanley boosted their price target on shares of Viking from $86.00 to $93.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Jefferies Financial Group raised their price objective on shares of Viking from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. Susquehanna lifted their price objective on shares of Viking from $100.00 to $105.00 and gave the company a “positive” rating in a research note on Friday, May 15th. Wall Street Zen cut shares of Viking from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Stifel Nicolaus set a $105.00 target price on shares of Viking in a 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $102.11.

More Viking News

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Zacks highlighted Viking Holdings as one of five consumer discretionary picks for the second half of 2026, alongside improving U.S. consumer sentiment and falling energy costs, which may help demand for cruise travel. Article Title
• Neutral Sentiment: Recent “Promising Shipping Stocks” and “Shipping Stocks To Follow” articles appear to be broad screening pieces and do not provide specific new information about Viking Holdings’ operations or financial outlook. Article Title
• Neutral Sentiment: Multiple stories about “Viking 1” on Mars are unrelated to Viking Holdings Ltd. and should not be viewed as stock catalysts for VIK. Article Title

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.