BI Asset Management Fondsmaeglerselskab A S Sells 111,836 Shares of Carnival Corporation $CCL

BI Asset Management Fondsmaeglerselskab A S lowered its stake in shares of Carnival Corporation (NYSE:CCL) by 26.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 313,579 shares of the company’s stock after selling 111,836 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Carnival were worth $9,066,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. J.W. Cole Advisors Inc. increased its stake in shares of Carnival by 3.4% in the third quarter. J.W. Cole Advisors Inc. now owns 53,891 shares of the company’s stock worth $1,558,000 after purchasing an additional 1,758 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Carnival by 23.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 823,141 shares of the company’s stock worth $23,797,000 after buying an additional 155,736 shares during the period. Penserra Capital Management LLC boosted its holdings in Carnival by 22,155.9% in the 3rd quarter. Penserra Capital Management LLC now owns 22,701 shares of the company’s stock worth $655,000 after buying an additional 22,599 shares during the period. Allianz Asset Management GmbH purchased a new position in Carnival in the 3rd quarter valued at approximately $251,000. Finally, Raleigh Capital Management Inc. bought a new stake in Carnival during the 3rd quarter valued at $495,000. Institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on CCL. Argus reaffirmed a “buy” rating and issued a $35.00 price target on shares of Carnival in a report on Monday, December 22nd. Stifel Nicolaus raised their target price on Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Jefferies Financial Group lifted their target price on Carnival from $34.00 to $37.00 and gave the company a “buy” rating in a report on Monday, December 15th. Susquehanna increased their price target on shares of Carnival from $35.00 to $40.00 and gave the stock a “positive” rating in a report on Tuesday, December 16th. Finally, Wolfe Research restated an “outperform” rating on shares of Carnival in a research report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Carnival Stock Down 2.0%

Shares of NYSE CCL opened at $31.46 on Friday. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. The business has a 50-day moving average of $29.43 and a 200-day moving average of $29.28. The firm has a market capitalization of $36.73 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 1.17 and a beta of 2.49. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $33.15.

Carnival (NYSE:CCL) last announced its earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The business had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. Carnival’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the business 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. Sell-side analysts expect that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. Carnival’s dividend payout ratio (DPR) is presently 30.00%.

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.