13,186,000 Shares in Norwegian Cruise Line Holdings Ltd. $NCLH Acquired by Elliott Investment Management L.P.

Elliott Investment Management L.P. bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) during the first quarter, Holdings Channel.com reports. The fund bought 13,186,000 shares of the company’s stock, valued at approximately $246,578,000. Norwegian Cruise Line accounts for approximately 1.2% of Elliott Investment Management L.P.’s holdings, making the stock its 9th largest position.

Other hedge funds have also bought and sold shares of the company. MUFG Securities EMEA plc purchased a new stake in shares of Norwegian Cruise Line during the 2nd quarter valued at $26,000. SHP Wealth Management purchased a new position in Norwegian Cruise Line in the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Norwegian Cruise Line in the fourth quarter worth $31,000. Clearstead Advisors LLC increased its stake in Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after acquiring an additional 909 shares during the last quarter. Finally, Thompson Investment Management Inc. bought a new position in Norwegian Cruise Line in the fourth quarter valued at $44,000. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Stock Performance

Norwegian Cruise Line stock opened at $19.98 on Tuesday. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. The company has a market capitalization of $9.17 billion, a PE ratio of 16.79, a P/E/G ratio of 1.15 and a beta of 1.87. The firm has a fifty day simple moving average of $19.13 and a two-hundred day simple moving average of $20.10. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.53 and a twelve month high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period last year, the firm earned $0.07 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. Research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current year.

Insider Buying and Selling

In related news, Director Stephen G. Pagliuca bought 685,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average cost of $18.06 per share, for a total transaction of $12,371,100.00. Following the acquisition, the director directly owned 1,388,912 shares of the company’s stock, valued at $25,083,750.72. The trade was a 97.31% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Zillah Byng-Thorne purchased 4,452 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of $17.83 per share, for a total transaction of $79,379.16. Following the completion of the transaction, the director owned 25,742 shares in the company, valued at $458,979.86. The trade was a 20.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 1,592,467 shares of company stock valued at $28,493,204. 0.25% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. TD Cowen lifted their price target on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Barclays reduced their price objective on Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 5th. JPMorgan Chase & Co. decreased their price objective on Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Jefferies Financial Group boosted their target price on Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, Truist Financial cut shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and set a $20.00 price target on the stock. in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.60.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.