Federated Hermes Inc. Grows Holdings in Carnival Corporation $CCL

Federated Hermes Inc. raised its holdings in shares of Carnival Corporation (NYSE:CCL) by 11,343.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,448,979 shares of the company’s stock after purchasing an additional 2,427,579 shares during the quarter. Federated Hermes Inc. owned 0.21% of Carnival worth $70,800,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CCL. Evolution Wealth Management Inc. purchased a new stake in Carnival in the 2nd quarter valued at about $25,000. Farmers & Merchants Investments Inc. boosted its holdings in shares of Carnival by 140.6% in the third 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. Whipplewood Advisors LLC grew its stake 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 in the last quarter. Cullen Frost Bankers Inc. increased its holdings in Carnival by 170.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,934 shares of the company’s stock worth $56,000 after purchasing an additional 1,219 shares during the period. Finally, True Wealth Design LLC raised its position in Carnival by 193.4% during the 3rd quarter. True Wealth Design LLC now owns 2,030 shares of the company’s stock valued at $59,000 after purchasing an additional 1,338 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Carnival Trading Up 0.0%

NYSE:CCL opened at $28.70 on Thursday. The stock has a market capitalization of $33.51 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 1.05 and a beta of 2.51. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $32.89. 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 firm has a 50 day moving average of $28.71 and a 200 day moving average of $29.18.

Carnival (NYSE:CCL) last released its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.09. The business 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 business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, sell-side analysts anticipate that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Announces Dividend

The business 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. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 13th.

Wall Street Analysts Forecast Growth

CCL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft raised their price target on Carnival from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, December 22nd. Wells Fargo & Company raised their target price on shares of Carnival from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, December 22nd. Wall Street Zen lowered shares of Carnival from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. TD Cowen reiterated a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Finally, Jefferies Financial Group boosted their price objective on shares of Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus 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.