DHT (NYSE:DHT) Shares Gap Up – What’s Next?

Posted by Geri Gentry on Oct 10th, 2026

DHT Holdings, Inc. (NYSE:DHT – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $23.71, but opened at $24.43. DHT shares last traded at $24.6750, with a volume of 581,509 shares changing hands.

Analysts Set New Price Targets

DHT has been the topic of a number of recent research reports. Weiss Ratings raised shares of DHT from a “buy (b+)” rating to a “buy (a)” rating in a research report on Thursday. BTIG Research boosted their price objective on shares of DHT from $23.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

Get Our Latest Analysis on DHT

DHT Stock Down 1.1%

The stock has a 50 day simple moving average of $20.86 and a 200-day simple moving average of $18.91. The firm has a market cap of $3.97 billion, a PE ratio of 8.38 and a beta of -0.03. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.64 and a quick ratio of 3.32.

DHT (NYSE:DHT – Get Free Report) last released its earnings results on Wednesday, August 5th. The shipping company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.04. DHT had a return on equity of 39.40% and a net margin of 65.52%. The firm had revenue of $254.96 million for the quarter, compared to analysts’ expectations of $247.17 million. During the same period in the prior year, the firm posted $0.35 earnings per share. The company’s quarterly revenue was up 174.8% on a year-over-year basis.

DHT Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 17th were given a dividend of $1.22 per share. This is a positive change from DHT’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.88 annualized dividend and a yield of 19.8%. DHT’s payout ratio is currently 165.99%.

Insider Buying and Selling at DHT

In other news, insider Jon Eglin sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $21.00, for a total value of $525,000.00. Following the transaction, the insider owned 274,622 shares in the company, valued at approximately $5,767,062. This represents a 8.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Sophie Rossini sold 33,000 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $20.04, for a total transaction of $661,320.00. Following the sale, the director owned 78,543 shares in the company, valued at approximately $1,574,001.72. The trade was a 29.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 583,803 shares of company stock worth $11,843,097 in the last 90 days. Insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On DHT

A number of hedge funds have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership boosted its holdings in shares of DHT by 74.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,315,767 shares of the shipping company’s stock valued at $78,849,000 after acquiring an additional 1,836,892 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of DHT by 1,072.1% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,162,300 shares of the shipping company’s stock valued at $21,235,000 after purchasing an additional 1,063,134 shares during the last quarter. Bank of America Corp DE lifted its position in DHT by 168.3% during the first quarter. Bank of America Corp DE now owns 1,186,289 shares of the shipping company’s stock valued at $21,674,000 after purchasing an additional 744,130 shares during the period. Acorn Financial Advisory Services Inc. ADV bought a new position in DHT during the first quarter valued at approximately $13,123,000. Finally, WIT Partners Advisory Pte. Ltd. purchased a new stake in DHT in the first quarter worth approximately $5,163,000. 58.53% of the stock is currently owned by hedge funds and other institutional investors.

About DHT

(Get Free Report)

DHT Holdings, Inc (NYSE: DHT) is a maritime transportation company that owns and operates crude oil tankers. The company primarily focuses on very large crude carriers (VLCCs), which transport substantial volumes of crude oil between major production and refining regions around the world.

DHT provides ocean transportation services through a combination of time charters, voyage charters and pool arrangements. Its vessels serve the international energy industry by moving crude oil from exporting regions to refineries and storage facilities in global markets.