Wellington Management Group LLP Lowers Stock Position in Carnival Corporation $CCL

Wellington Management Group LLP lessened its holdings in shares of Carnival Corporation (NYSE:CCL) by 98.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 133,552 shares of the company’s stock after selling 7,137,489 shares during the period. Wellington Management Group LLP’s holdings in Carnival were worth $3,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Manning & Napier Advisors LLC bought a new position in shares of Carnival in the 2nd quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Carnival in the third quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new stake in Carnival in the fourth quarter worth about $26,000. Axiom Investment Management LLC bought a new position in shares of Carnival during the second quarter valued at approximately $29,000. Finally, Ancora Advisors LLC bought a new position in shares of Carnival during the second quarter valued at approximately $29,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Holland America Line is moving the renovation of Oosterdam forward by five weeks after strong guest demand for the reimagined ship. The earlier debut will add several cruises and could support occupancy and onboard revenue. Holland America Evolution Debuts Earlier
• Positive Sentiment: Analysts highlighted Carnival’s record booking curve, higher forward pricing and strong 2027 bookings as evidence of sustained demand and pricing power. Expected cost savings also support the company’s longer-term earnings outlook. Carnival’s Record Booking Curve Extends
• Neutral Sentiment: Princess Cruises, another Carnival brand, launched a promotional contest for elite loyalty members tied to the 2027 Rose Parade. The initiative may boost engagement but is unlikely to materially affect near-term financial results. Princess Cruises Rose Parade Contest
• Negative Sentiment: Rising crude oil prices pressured cruise stocks, including Carnival, by undermining expectations for fuel-cost relief. Higher bunker fuel expenses could weigh on margins and earnings estimates across the industry. Rising Oil Pressures Cruise Stocks
• Negative Sentiment: Carnival’s recent decline reflects investor concerns about uneven European demand and uncertainty over whether strong bookings and pricing momentum can persist. The stock has fallen about 16% over the past month and underperformed the broader market, increasing near-term pressure despite its favorable long-term demand trends. Carnival Stock Declines 16% in a Month

Carnival Stock Performance

CCL stock opened at $22.74 on Thursday. The stock’s 50 day simple moving average is $26.47 and its 200 day simple moving average is $26.97. The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 1.80. Carnival Corporation has a 12-month low of $22.70 and a 12-month high of $34.03. The stock has a market capitalization of $31.14 billion, a PE ratio of 10.24, a price-to-earnings-growth ratio of 1.00 and a beta of 2.31.

Carnival (NYSE:CCL) last posted its earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The business had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same quarter last year, the company earned $0.35 EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, research analysts forecast that Carnival Corporation will post 2.22 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, August 7th. Carnival’s dividend payout ratio (DPR) is presently 27.03%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CCL shares. Tigress Financial boosted their price target on Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Susquehanna boosted their target price on Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a report on Wednesday, June 24th. Truist Financial increased their target price on Carnival from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. BMO Capital Markets assumed coverage on Carnival in a report on Tuesday, July 7th. They set a “market perform” rating and a $30.00 price target for the company. Finally, Barclays dropped their price target on shares of Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $35.08.

About Carnival

Carnival Corporation & plc is a global leisure travel company that operates cruise lines and related vacation businesses. Its cruise brands serve travelers in North America, Europe, Australia, and other international markets, offering ocean voyages to destinations throughout the Caribbean, Europe, Alaska, Asia, Australia, and other regions.

The company’s brand portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises, and P&O Cruises Australia.