Congress Asset Management Co. Buys New Position in Viking Holdings Ltd. $VIK

Congress Asset Management Co. bought a new stake in Viking Holdings Ltd. (NYSE:VIK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,046,347 shares of the company’s stock, valued at approximately $65,041,000. Congress Asset Management Co. owned approximately 0.24% of Viking as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Central Pacific Bank Trust Division lifted its position in shares of Viking by 2.4% in the second quarter. Central Pacific Bank Trust Division now owns 11,887 shares of the company’s stock worth $633,000 after purchasing an additional 274 shares in the last quarter. Golden State Wealth Management LLC grew its position in Viking by 20.1% in the second quarter. Golden State Wealth Management LLC now owns 1,982 shares of the company’s stock valued at $106,000 after purchasing an additional 332 shares in the last quarter. Pittenger & Anderson Inc. bought a new stake in Viking during the 2nd quarter worth about $27,000. Private Trust Co. NA bought a new stake in Viking during the 2nd quarter worth about $29,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Viking by 92.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,440 shares of the company’s stock worth $57,000 after buying an additional 690 shares during the last quarter. 98.84% of the stock is owned by institutional investors.

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: VIK has climbed since last month’s earnings report, which Zacks highlights as the main near‑term catalyst: the company reported results 30 days ago and the stock is up roughly 13.7% since that release as investors reacted to the print, improved forward sentiment and analyst momentum. This item is the primary driver behind today’s strength. Why Is Viking (VIK) Up 13.7% Since Last Earnings Report?
• Positive Sentiment: Viking announced a multi‑year sponsorship with the Norwegian Football Federation (NFF) — the “Future Vikings” program makes Viking the main sponsor of Norway’s National Team Academy and U‑level teams for at least five years. Investors should view this as a brand‑building, marketing investment that supports customer acquisition and awareness in an important European market. Viking and the Norwegian Football Federation Announce New Partnership
• Neutral Sentiment: Feature coverage on Viking’s cultural itineraries (art‑focused voyages) drives positive PR and helps position the brand in the premium experiential travel segment; useful for long‑term demand but not an immediate earnings swing. Voyages for Culture: Exploring the World’s Great Art with Viking
• Neutral Sentiment: Industry/brand content highlighting Viking Ocean’s culinary offerings reinforces differentiation in F&B and guest experience; supportive for pricing power over time but limited direct near‑term financial impact. BLOG: Viking Ocean’s Culinary Saga – David Yeskel
• Neutral Sentiment: Lifestyle/consumer press (e.g., coverage of a Viking‑branded pan) increases brand visibility outside travel circles but is unlikely to move near‑term revenues materially. Viking’s revolutionary new pan fixed the most annoying thing about nonstick cookware
• Neutral Sentiment: Several cultural/archaeological stories referencing Vikings in general (not the company) surfaced; they generate headlines but have no material corporate impact. A Viking grave with scallop shells appeared where it shouldn’t be

Viking Price Performance

NYSE:VIK opened at $73.34 on Friday. Viking Holdings Ltd. has a 12-month low of $31.79 and a 12-month high of $73.65. The firm has a market capitalization of $32.50 billion, a price-to-earnings ratio of 34.27, a P/E/G ratio of 0.84 and a beta of 2.12. The stock’s 50 day moving average price is $63.24 and its two-hundred day moving average price is $59.52. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.68.

Viking (NYSE:VIK) last posted its earnings results on Wednesday, November 19th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. Viking had a return on equity of 716.92% and a net margin of 15.53%.The business had revenue of $2 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period in the previous year, the firm earned $0.89 EPS. The firm’s revenue was up 19.1% compared to the same quarter last year. On average, analysts anticipate that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on VIK shares. Wells Fargo & Company lifted their target price on Viking from $56.00 to $62.00 and gave the company an “equal weight” rating in a research report on Thursday, November 20th. Mizuho set a $59.00 price target on Viking in a research report on Wednesday, November 19th. Wall Street Zen cut Viking from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Truist Financial raised their target price on shares of Viking from $59.00 to $61.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Viking from $73.00 to $74.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Viking presently has an average rating of “Moderate Buy” and an average target price of $66.00.

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.