Norwegian Cruise Line Holdings Ltd. $NCLH Shares Purchased by CIBC Asset Management Inc

CIBC Asset Management Inc increased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 81.1% in the fourth quarter, HoldingsChannel reports. The firm owned 100,280 shares of the company’s stock after acquiring an additional 44,922 shares during the quarter. CIBC Asset Management Inc’s holdings in Norwegian Cruise Line were worth $2,238,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc acquired a new stake in Norwegian Cruise Line during the 2nd quarter worth about $26,000. Clearstead Advisors LLC boosted its stake in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after buying an additional 909 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Norwegian Cruise Line in the fourth quarter valued at approximately $42,000. Thompson Investment Management Inc. purchased a new stake in Norwegian Cruise Line in the 4th quarter worth approximately $44,000. Finally, SouthState Bank Corp boosted its position in Norwegian Cruise Line by 74.5% in the 3rd quarter. SouthState Bank Corp now owns 2,201 shares of the company’s stock worth $54,000 after purchasing an additional 940 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Down 0.0%

Shares of NCLH stock opened at $18.75 on Monday. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 15.75, a PEG ratio of 1.19 and a beta of 1.89. The stock has a 50 day simple moving average of $18.19 and a 200-day simple moving average of $20.29. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.53 and a 1-year high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.08. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 EPS. 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. On average, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO John Chidsey purchased 153,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the transaction, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at $18,660,817.80. This trade represents a 15.50% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Zillah Byng-Thorne purchased 25,015 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average price of $17.67 per share, with a total value of $442,015.05. Following the completion of the transaction, the director directly owned 99,811 shares of the company’s stock, valued at $1,763,660.37. This represents a 33.44% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 1,592,467 shares of company stock valued at $28,493,204. Corporate insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

NCLH has been the topic of several recent research reports. Wells Fargo & Company lowered their price objective on Norwegian Cruise Line from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, May 22nd. The Goldman Sachs Group set a $14.00 price objective on Norwegian Cruise Line in a research report on Tuesday, May 5th. Weiss Ratings upgraded Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Loop Capital initiated coverage on Norwegian Cruise Line in a research report on Monday, June 1st. They issued a “buy” rating and a $22.00 price objective on the stock. Finally, Bank of America lowered their price objective on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Norwegian Cruise Line currently has a consensus rating of “Hold” and an average target price of $20.95.

Norwegian Cruise Line News Roundup

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Director Stephen Pagliuca disclosed major open-market purchases of 685,000 and 695,000 shares, a strong insider signal that investors may view as confidence in the company’s outlook.
• Positive Sentiment: Freedom Capital upgraded Norwegian Cruise Line (NCLH) to strong-buy, adding to bullish sentiment around the stock.
• Positive Sentiment: The company’s last earnings report beat EPS expectations, and recent commentary noted the stock has been moving higher since that release, suggesting momentum from better-than-expected profitability.
• Neutral Sentiment: Sanford C. Bernstein began coverage with a Market Perform rating and an $18 price target, which is close to the current share price and implies limited near-term upside.
• Neutral Sentiment: Management has described 2027 as a “transition year” amid current pressures, indicating the recovery story may take time to play out. Norwegian Cruise sees 2027 as ‘transition year’ despite current pressures
• Negative Sentiment: Several analysts remain cautious overall, with the broader consensus still around Hold and some firms lowering price targets, which may be limiting enthusiasm for the stock.

Norwegian Cruise Line Company 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.