33,205 Shares in Viking Holdings Ltd (NYSE:VIK) Bought by Carnegie Investment Counsel

Carnegie Investment Counsel purchased a new position in shares of Viking Holdings Ltd (NYSE:VIK) in the third quarter, HoldingsChannel.com reports. The firm purchased 33,205 shares of the company’s stock, valued at approximately $1,159,000.

Other large investors have also recently bought and sold shares of the company. Valley Wealth Managers Inc. acquired a new stake in Viking during the 2nd quarter worth $35,000. American National Bank acquired a new stake in Viking during the 2nd quarter worth $68,000. Sunbelt Securities Inc. acquired a new stake in shares of Viking in the 2nd quarter worth $68,000. SG Americas Securities LLC acquired a new stake in shares of Viking in the 3rd quarter worth $181,000. Finally, Scientech Research LLC acquired a new stake in shares of Viking in the 2nd quarter worth $200,000.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Barclays assumed coverage on shares of Viking in a research note on Tuesday, July 2nd. They issued an “overweight” rating and a $39.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. HSBC assumed coverage on shares of Viking in a research note on Tuesday, June 25th. They issued a “buy” rating and a $36.00 target price for the company. Stifel Nicolaus raised their target price on shares of Viking from $37.00 to $39.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Finally, Wells Fargo & Company raised their price objective on shares of Viking from $35.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Viking presently has an average rating of “Moderate Buy” and a consensus target price of $37.17.

Viking Stock Down 0.8 %

NYSE:VIK opened at $37.79 on Tuesday. The company’s 50-day simple moving average is $34.41. Viking Holdings Ltd has a twelve month low of $25.71 and a twelve month high of $38.68.

Viking (NYSE:VIK) last posted its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.07. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.61 billion. On average, research analysts forecast that Viking Holdings Ltd will post 1.13 EPS for the current 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.