Carnival Corporation $CCL Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Carnival Corporation (NYSE:CCL) by 109.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 307,700 shares of the company’s stock after purchasing an additional 160,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Carnival were worth $7,963,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB raised its stake in shares of Carnival by 10.0% during the 4th quarter. Swedbank AB now owns 519,939 shares of the company’s stock worth $15,879,000 after buying an additional 47,070 shares during the last quarter. Vanguard Group Inc. grew its stake in Carnival by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after acquiring an additional 368,445 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Carnival by 5.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,774,765 shares of the company’s stock valued at $51,867,000 after acquiring an additional 93,565 shares during the last quarter. Nordea Investment Management AB increased its holdings in Carnival by 42.8% during the 4th quarter. Nordea Investment Management AB now owns 2,126,893 shares of the company’s stock valued at $65,487,000 after acquiring an additional 637,605 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Carnival by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,252,014 shares of the company’s stock valued at $69,632,000 after acquiring an additional 109,474 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Trading Up 0.2%

Shares of CCL opened at $27.95 on Monday. The stock’s 50-day moving average is $27.41 and its two-hundred day moving average is $28.47. The stock has a market cap of $38.29 billion, a PE ratio of 12.59, a P/E/G ratio of 1.23 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 debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29.

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

Carnival Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, May 18th. Carnival’s payout ratio is presently 27.03%.

Analyst Upgrades and Downgrades

CCL has been the topic of several recent research reports. TD Cowen upped their price target on shares of Carnival from $33.00 to $34.00 and gave the company a “buy” rating in a report on Friday, May 15th. Sanford C. Bernstein downgraded shares of Carnival from a “market perform” rating to a “market perform” rating in a report on Tuesday, June 23rd. Tigress Financial raised their target price on shares of Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Wells Fargo & Company upped their target price on Carnival from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Finally, Citigroup raised their price target on Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Carnival currently has an average rating of “Moderate Buy” and a consensus price target of $35.23.

Insider Activity at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the completion of the transaction, the insider directly owned 69,238 shares in the company, valued at approximately $1,945,587.80. This represents a 38.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 7.90% of the company’s stock.

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.