DHT Holdings announces the sale of the DHT Bauhinia for $51.5 million, expecting a $34.2 million gain.
Quiver AI Summary
DHT Holdings, Inc. announced the agreement to sell the DHT Bauhinia, a crude oil tanker built in 2007, for $51.5 million, with delivery expected in June or July 2026. The vessel is debt-free, and the company anticipates a gain of $34.2 million from the sale. DHT Holdings operates independent crude oil tankers globally, emphasizing quality operations and financial stability. The company maintains a prudent capital structure and aims for disciplined capital allocation. Additionally, the press release includes a caution about forward-looking statements related to the company's future performance, highlighting uncertainties and the potential for actual results to differ from expected outcomes.
Potential Positives
- DHT Holdings, Inc. has agreed to sell the DHT Bauhinia for $51.5 million, indicating a significant transaction that enhances the company's liquidity.
- The sale is expected to generate a gain of $34.2 million, positively impacting the company's financial performance.
- The vessel being sold is debt-free, which reflects the company's prudent financial management and strengthens its balance sheet.
Potential Negatives
- The press release highlights a significant asset sale, which may indicate a strategic downsizing or financial struggles within the company.
- The reliance on forward-looking statements raises concerns about the certainty of future results, potentially affecting investor confidence.
- The company does not provide details on how the sale proceeds will be utilized, leaving ambiguity about future investments or financial stability.
FAQ
What vessel is DHT Holdings, Inc. selling?
DHT Holdings is selling the DHT Bauhinia, a crude oil tanker built in 2007.
How much is the DHT Bauhinia being sold for?
The vessel is being sold for a price of $51.5 million.
When is the DHT Bauhinia expected to be delivered?
The DHT Bauhinia is expected to be delivered during June/July 2026.
What gain does DHT expect from the sale?
DHT expects to record a gain of $34.2 million related to the sale of the vessel.
Where does DHT Holdings operate its business?
DHT operates through management companies in Monaco, Norway, Singapore, and India.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DHT Hedge Fund Activity
We have seen 134 institutional investors add shares of $DHT stock to their portfolio, and 113 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VICTORY CAPITAL MANAGEMENT INC added 2,320,564 shares (+360.8%) to their portfolio in Q3 2025, for an estimated $27,730,739
- ENCOMPASS CAPITAL ADVISORS LLC removed 1,899,098 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $22,694,221
- POINTSTATE CAPITAL LP removed 885,740 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $10,584,593
- CASTLEKNIGHT MANAGEMENT LP added 695,300 shares (+180.5%) to their portfolio in Q3 2025, for an estimated $8,308,834
- QUBE RESEARCH & TECHNOLOGIES LTD added 654,299 shares (+60.7%) to their portfolio in Q3 2025, for an estimated $7,818,873
- MORGAN STANLEY added 633,599 shares (+42.3%) to their portfolio in Q3 2025, for an estimated $7,571,508
- SHELL ASSET MANAGEMENT CO removed 608,258 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $7,268,683
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DHT Analyst Ratings
Wall Street analysts have issued reports on $DHT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Evercore ISI Group issued a "Outperform" rating on 10/28/2025
- Jefferies issued a "Buy" rating on 08/07/2025
To track analyst ratings and price targets for $DHT, check out Quiver Quantitative's $DHT forecast page.
$DHT Price Targets
Multiple analysts have issued price targets for $DHT recently. We have seen 3 analysts offer price targets for $DHT in the last 6 months, with a median target of $16.0.
Here are some recent targets:
- Omar Nokta from Jefferies set a target price of $16.0 on 10/30/2025
- Gregory Lewis from BTIG set a target price of $16.0 on 10/30/2025
- Jonathan Chappell from Evercore ISI Group set a target price of $15.0 on 10/28/2025
Full Release
HAMILTON, BERMUDA, January 30, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces that it has entered into an agreement to sell the DHT Bauhinia, built in 2007, for a price of $51.5 million. The vessel is expected to be delivered to the new owner during June/July 2026. The vessel is debt free and the Company expects to record a gain of $34.2 million related to the sale.
About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate governance. For further information please visit
www.dhtankers.com
.
Forward Looking Statements
This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 20, 2025.
The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.
Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: [email protected]