DHT Holdings, Inc. $DHT reported a strong second quarter for 2026, with revenue rising to $285.0 million, up 122.12% from a year earlier and above the $235.6 million estimate. The company’s gross profit climbed to $236.6 million, while operating profit increased to $203.2 million, reflecting significantly stronger profitability.
Net income attributable to common shareholders reached $198.3 million, or $1.23 per diluted share, both more than tripling from the prior year and topping analyst expectations. Cash from operating activities also remained robust at $219.5 million, helping support the company’s financial position.
On the balance sheet, DHT ended the quarter with $161.7 million in cash and cash equivalents. Total liabilities rose to $478.3 million, while capital spending stayed modest at $8.6 million. The stock moved up 1.9% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
DHT Holdings, Inc. Hedge Fund Activity
We have seen 168 institutional investors add shares of DHT Holdings, Inc. stock to their portfolio, and 133 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC added 3,725,241 shares (+1736.7%) to their portfolio in Q1 2026, for an estimated $68,190,536
- ACADIAN ASSET MANAGEMENT LLC added 3,142,238 shares (+3766.9%) to their portfolio in Q1 2026, for an estimated $57,518,666
- WASATCH ADVISORS LP removed 2,127,983 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $38,952,728
- DME CAPITAL MANAGEMENT, LP removed 2,093,894 shares (-28.4%) from their portfolio in Q1 2026, for an estimated $38,328,729
- AMERICAN CENTURY COMPANIES INC removed 1,940,786 shares (-38.7%) from their portfolio in Q1 2026, for an estimated $35,526,087
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,836,892 shares (+74.1%) to their portfolio in Q1 2026, for an estimated $33,624,308
- BLACKROCK, INC. added 1,586,653 shares (+22.5%) to their portfolio in Q1 2026, for an estimated $29,043,683
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
DHT Holdings, Inc. Price Targets
Multiple analysts have issued price targets for $DHT recently. We have seen 2 analysts offer price targets for $DHT in the last 6 months, with a median target of $21.0.
Here are some recent targets:
- Gregory Lewis from BTIG set a target price of $23.0 on 04/22/2026
- Jonathan Chappell from Evercore ISI Group set a target price of $19.0 on 04/22/2026
