DHT Holdings takes delivery of VLCC newbuilding DHT Antelope, enhancing fleet and customer offerings, with further deliveries planned.
Quiver AI Summary
DHT Holdings, Inc. announced the delivery of a new VLCC vessel named DHT Antelope from Hanwha Ocean Co., Ltd., marking the first of four such newbuildings slated for delivery in the first half of 2026. This addition is set to enhance the company's offerings and earnings potential, with the next vessel expected to arrive in early March 2026. DHT operates internationally in the crude oil tanker market with a focus on high-quality operations and customer service, and emphasizes prudent capital management strategies. The press release also includes a caution regarding forward-looking statements and the associated risks, encouraging stakeholders to refer to the company's annual report for a detailed discussion on potential uncertainties.
Potential Positives
- DHT Holdings, Inc. has successfully taken delivery of a VLCC newbuilding, named DHT Antelope, indicating growth and expansion in their fleet.
- The acquisition of newbuildings is fully funded, strengthening the company's financial position and reducing reliance on external financing.
- Entering the spot market with this new vessel increases the company's customer offerings and enhances earnings potential.
- The delivery of four newbuildings during the first half of 2026 demonstrates a commitment to modernization and competitiveness in the crude oil tanker market.
Potential Negatives
- Over-reliance on forward-looking statements may create skepticism among investors regarding the company's planned growth and profitability, as there are inherent risks and uncertainties involved.
- While the newbuildings are fully funded, the delivery and integration of multiple ships could strain operational capacities and resources, particularly if unforeseen issues arise with the ships or the market conditions alter.
- The announcement does not provide specific details on the anticipated earnings impact from the new vessel, which may raise concerns about the company's ability to deliver tangible financial benefits from these newbuildings.
FAQ
What is the name of the new VLCC delivered to DHT Holdings?
The new VLCC delivered to DHT Holdings is named DHT Antelope.
When is the next newbuilding scheduled for delivery?
The next newbuilding is scheduled to deliver in early March 2026.
How many VLCC newbuildings is DHT expecting in 2026?
DHT is expecting a total of four VLCC newbuildings during the first half of 2026.
What markets will the DHT Antelope operate in?
The DHT Antelope will enter the spot market for crude oil transportation.
Who can provide more information about DHT Holdings?
For more information about DHT Holdings, visit their official website at www.dhtankers.com.
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 127 institutional investors add shares of $DHT stock to their portfolio, and 110 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 2, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces that it today has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the Company during the first half of 2026. The newbuildings are fully funded and will increase the Company’s customer offerings and earnings power. The next newbuilding is scheduled to deliver early March 2026.
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]