Mitsubishi UFJ Trust & Banking Corp Sells 23,977 Shares of Carnival Corporation $CCL

Mitsubishi UFJ Trust & Banking Corp cut its holdings in Carnival Corporation (NYSE:CCL) by 5.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 433,824 shares of the company’s stock after selling 23,977 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Carnival were worth $12,542,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Carnival by 6.0% in the 2nd quarter. Vanguard Group Inc. now owns 126,663,493 shares of the company’s stock valued at $3,561,777,000 after buying an additional 7,157,739 shares in the last quarter. Holocene Advisors LP raised its position in shares of Carnival by 184.3% during the second quarter. Holocene Advisors LP now owns 10,289,947 shares of the company’s stock worth $289,353,000 after purchasing an additional 6,669,935 shares during the period. 59 North Capital Management LP grew its position in Carnival by 117.1% in the 2nd quarter. 59 North Capital Management LP now owns 7,704,185 shares of the company’s stock valued at $216,642,000 after purchasing an additional 4,155,630 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Carnival by 1,945.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,170,268 shares of the company’s stock valued at $120,562,000 after purchasing an additional 3,966,422 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Carnival by 127.0% during the 2nd quarter. Sei Investments Co. now owns 4,408,963 shares of the company’s stock valued at $123,980,000 after purchasing an additional 2,466,296 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Trading Up 0.1%

Shares of Carnival stock opened at $28.71 on Wednesday. The firm has a market cap of $33.51 billion, a PE ratio of 14.35, a P/E/G ratio of 1.05 and a beta of 2.51. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $32.89. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28. The stock has a fifty day moving average price of $28.66 and a 200-day moving average price of $29.18.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 earnings per share. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. Equities research analysts anticipate that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 2.1%. Carnival’s dividend payout ratio is presently 30.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CCL shares. Wells Fargo & Company lifted their price objective on shares of Carnival from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Monday, December 22nd. Citigroup raised their target price on Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Zacks Research upgraded Carnival from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft raised their price objective on Carnival from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, December 22nd. Finally, Bank of America upped their target price on shares of Carnival from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $35.00.

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.