Carnival Corporation $CUK Stake Reduced by QRG Capital Management Inc.

QRG Capital Management Inc. decreased its holdings in shares of Carnival Corporation (NYSE:CUK) by 44.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,654 shares of the company’s stock after selling 53,373 shares during the period. QRG Capital Management Inc.’s holdings in Carnival were worth $1,736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of Carnival in the 2nd quarter worth $26,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Carnival by 188.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock valued at $28,000 after purchasing an additional 729 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Carnival by 70.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company’s stock valued at $43,000 after purchasing an additional 688 shares during the period. Sound Income Strategies LLC purchased a new position in Carnival in the 2nd quarter worth about $44,000. Finally, Osaic Holdings Inc. increased its position in shares of Carnival by 36.5% in the second quarter. Osaic Holdings Inc. now owns 1,717 shares of the company’s stock worth $44,000 after acquiring an additional 459 shares in the last quarter. 23.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Carnival Trading Down 1.8%

Carnival stock opened at $28.73 on Tuesday. Carnival Corporation has a 52 week low of $13.65 and a 52 week high of $32.65. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The firm has a market capitalization of $5.42 billion, a PE ratio of 14.37 and a beta of 2.54. The business’s 50-day simple moving average is $27.09 and its 200-day simple moving average is $27.06.

Carnival (NYSE:CUK) last issued its quarterly earnings results on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping 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 company had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.37 billion. Carnival has set its FY 2026 guidance at 2.480-2.480 EPS and its Q1 2026 guidance at 0.170-0.17 EPS. Equities research analysts forecast that Carnival Corporation will post 1.7 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 13th.

Carnival Company Profile

Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.