Wealthfront Advisers LLC Increases Stock Position in Carnival Corporation $CCL

Wealthfront Advisers LLC lifted its position in shares of Carnival Corporation (NYSE:CCL) by 45.9% during the third quarter, Holdings Channel reports. The firm owned 190,250 shares of the company’s stock after acquiring an additional 59,831 shares during the period. Wealthfront Advisers LLC’s holdings in Carnival were worth $5,500,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new stake in Carnival in the 2nd quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Carnival by 182.0% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after acquiring an additional 659 shares during the last quarter. LRI Investments LLC bought a new stake in Carnival during the third quarter worth $30,000. Whipplewood Advisors LLC boosted its position in Carnival by 301.0% in the second quarter. Whipplewood Advisors LLC now owns 1,560 shares of the company’s stock worth $44,000 after purchasing an additional 1,171 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. grew its stake in Carnival by 140.6% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock valued at $44,000 after purchasing an additional 886 shares during the period. 67.19% of the stock is owned by institutional investors.

Carnival Price Performance

NYSE CCL opened at $32.62 on Friday. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The company has a market cap of $40.35 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 1.21 and a beta of 2.49. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $34.03. The firm’s 50-day simple moving average is $30.16 and its two-hundred day simple moving average is $29.39.

Carnival (NYSE:CCL) last posted its quarterly 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 company had revenue of $6.33 billion for 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%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Research analysts predict that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Dividend Announcement

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

Wall Street Analyst Weigh In

CCL has been the subject of several research analyst reports. Truist Financial raised their target price on Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. TD Cowen restated a “buy” rating on shares of Carnival in a report on Tuesday, January 13th. Zacks Research raised shares of Carnival from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Carnival from $33.00 to $34.00 and gave the company a “hold” rating in a research report on Monday, December 22nd. Finally, Mizuho raised their price target on shares of Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Carnival presently 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.