Carnival Corporation $CCL Shares Sold by Deltec Asset Management LLC

Deltec Asset Management LLC decreased its holdings in shares of Carnival Corporation (NYSE:CCL) by 4.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 627,384 shares of the company’s stock after selling 27,310 shares during the period. Carnival comprises 3.0% of Deltec Asset Management LLC’s portfolio, making the stock its 7th biggest holding. Deltec Asset Management LLC owned about 0.05% of Carnival worth $16,237,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CCL. Auto Owners Insurance Co lifted its position in shares of Carnival by 2,954.0% during the 4th quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock worth $60,625,000 after buying an additional 19,201,000 shares during the period. Viking Global Investors LP bought a new stake in Carnival in the fourth quarter valued at $429,448,000. Pacer Advisors Inc. grew its position in Carnival by 2,432.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock valued at $204,311,000 after acquiring an additional 6,425,822 shares during the period. Wellington Management Group LLP raised its stake in Carnival by 99.6% during the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock worth $351,535,000 after acquiring an additional 6,066,336 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Carnival by 50.7% during the third quarter. Dimensional Fund Advisors LP now owns 14,510,016 shares of the company’s stock worth $419,573,000 after acquiring an additional 4,883,024 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Trading Down 0.2%

Shares of CCL opened at $28.50 on Thursday. The stock’s fifty day simple moving average is $27.38 and its 200-day simple moving average is $28.47. The firm has a market capitalization of $39.04 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 1.26 and a beta of 2.32. Carnival Corporation has a 12-month low of $23.45 and a 12-month high of $34.03. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80.

Carnival (NYSE:CCL) last announced its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The firm had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same period last year, the company earned $0.35 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, research analysts predict that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Monday, May 18th. Carnival’s dividend payout ratio (DPR) is currently 27.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wells Fargo & Company boosted their target price on shares of Carnival from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Mizuho increased their target price on shares of Carnival from $38.00 to $39.00 and gave the stock an “outperform” rating in a research report on Friday, March 27th. UBS Group cut their price target on shares of Carnival from $38.00 to $35.00 and set a “buy” rating for the company in a report on Monday, April 13th. Truist Financial reduced their price target on shares of Carnival from $30.00 to $29.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Finally, Zacks Research raised shares of Carnival from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and a consensus price target of $35.23.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival completed a major expansion of its Celebration Key destination in The Bahamas, adding capacity for four ships and up to 13,000 guests per day. The project could support more annual arrivals, strengthen onboard/destination spending, and improve long-term growth prospects. Carnival (CCL) Completes Celebration Key Expansion With Room For 13,000 Daily Guests
• Positive Sentiment: Wells Fargo raised its price target on Carnival, signaling continued analyst confidence in the stock’s longer-term outlook. Tigress Financial also lifted its target to $42 and reiterated a buy rating, implying meaningful upside from current levels. Price target increase coverage
• Neutral Sentiment: Analyst commentary highlighted Carnival’s strong earnings track record and compared its recent performance with Royal Caribbean, noting that the cruise sector remains split between operators despite Carnival’s run of earnings beats. Why Carnival’s Record Run Hasn’t Closed Its Gap with Royal Caribbean
• Neutral Sentiment: Zacks discussed Carnival’s investments in new Princess ships and fleet upgrades, which support long-term growth and customer experience, but the article did not point to an immediate earnings catalyst. Will Carnival’s New Princess Ships Strengthen Long-Term Growth?
• Negative Sentiment: One report said Carnival’s fair value declined after softer yield guidance and concerns about demand in Europe, which may be weighing on sentiment around near-term pricing power and revenue growth. Carnival (CCL) Stock Fair Value Falls After Softer Yield Guidance And Europe Demand Concerns

Insider Activity

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of Carnival stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares of the company’s stock, valued at $1,945,587.80. The trade was a 38.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.90% of the stock is owned by corporate insiders.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.