Truist Financial Corp Boosts Stock Holdings in Carnival Corporation $CCL

Truist Financial Corp raised its stake in Carnival Corporation (NYSE:CCL) by 46.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,073 shares of the company’s stock after purchasing an additional 25,227 shares during the quarter. Truist Financial Corp’s holdings in Carnival were worth $2,286,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CCL. Commonwealth Financial Services LLC boosted its holdings in Carnival by 3.6% in the third quarter. Commonwealth Financial Services LLC now owns 10,957 shares of the company’s stock valued at $317,000 after acquiring an additional 379 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of Carnival by 0.3% in the 3rd quarter. CIBC Asset Management Inc now owns 147,728 shares of the company’s stock valued at $4,271,000 after purchasing an additional 398 shares in the last quarter. World Investment Advisors grew its holdings in shares of Carnival by 3.1% during the 3rd quarter. World Investment Advisors now owns 14,807 shares of the company’s stock worth $428,000 after purchasing an additional 451 shares during the period. Rathbones Group PLC increased its position in Carnival by 0.9% during the 2nd quarter. Rathbones Group PLC now owns 51,544 shares of the company’s stock worth $1,449,000 after purchasing an additional 480 shares in the last quarter. Finally, Versant Capital Management Inc raised its holdings in Carnival by 2.8% in the third quarter. Versant Capital Management Inc now owns 18,546 shares of the company’s stock valued at $536,000 after buying an additional 502 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Stock Performance

Shares of NYSE CCL opened at $34.00 on Friday. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $34.03. The company has a market cap of $39.70 billion, a PE ratio of 17.00, a P/E/G ratio of 1.15 and a beta of 2.49. The stock has a 50 day simple moving average of $29.59 and a 200-day simple moving average of $29.30. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96.

Carnival (NYSE:CCL) last announced its earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The firm had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.38 billion. During the same quarter in the previous year, the business earned $0.14 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, equities research analysts forecast that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 1.8%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Carnival in a report on Friday, December 26th. Susquehanna raised their price target on shares of Carnival from $35.00 to $40.00 and gave the company a “positive” rating in a report on Tuesday, December 16th. Stifel Nicolaus boosted their price objective on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Sanford C. Bernstein raised their target price on Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Carnival from $33.00 to $34.00 and gave the stock a “hold” rating in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $35.00.

Carnival 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.