Carnival Corporation $CCL Stock Position Lowered by Andra AP fonden

Andra AP fonden decreased its position in Carnival Corporation (NYSE:CCL) by 67.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 319,783 shares of the company’s stock after selling 664,817 shares during the quarter. Andra AP fonden’s holdings in Carnival were worth $8,276,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. BOCHK Asset Management Ltd bought a new stake in Carnival in the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Carnival in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Carnival during the 4th quarter valued at about $26,000. Newbridge Financial Services Group Inc. boosted its position in shares of Carnival by 381.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after purchasing an additional 762 shares in the last quarter. Finally, Optima Capital LLC acquired a new position in shares of Carnival in the 4th quarter worth approximately $32,000. Institutional investors own 67.19% of the company’s stock.

Carnival Stock Performance

Shares of CCL stock opened at $26.11 on Thursday. The company has a market capitalization of $35.75 billion, a price-to-earnings ratio of 11.76, a P/E/G ratio of 1.15 and a beta of 2.32. Carnival Corporation has a 1-year low of $23.45 and a 1-year high of $34.03. The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 1.80. The stock’s fifty day simple moving average is $27.48 and its 200-day simple moving average is $28.12.

Carnival (NYSE:CCL) last issued its earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $6.66 billion for the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 EPS. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. On average, sell-side analysts predict that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. Carnival’s dividend payout ratio (DPR) is presently 27.03%.

Analysts Set New Price Targets

Several research firms recently commented on CCL. UBS Group cut their target price on shares of Carnival from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Melius Research set a $36.00 price target on Carnival in a report on Wednesday, June 17th. Wall Street Zen downgraded Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Tigress Financial raised their price objective on Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Finally, Sanford C. Bernstein cut Carnival from a “market perform” rating to a “market perform” rating in a report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Carnival has a consensus rating of “Moderate Buy” and an average target price of $34.99.

Insider Buying and Selling

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total value of $1,209,929.80. Following the transaction, the insider 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. 7.90% of the stock is owned by company insiders.

About Carnival

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.