AE Wealth Management LLC Grows Stock Holdings in Carnival Corporation $CCL

AE Wealth Management LLC grew its position in Carnival Corporation (NYSE:CCL) by 123.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,939 shares of the company’s stock after buying an additional 30,872 shares during the quarter. AE Wealth Management LLC’s holdings in Carnival were worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Carnival by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after acquiring an additional 5,435 shares in the last quarter. Great Lakes Advisors LLC purchased a new position in shares of Carnival in the first quarter valued at approximately $228,000. Empowered Funds LLC grew its holdings in shares of Carnival by 61.6% in the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after purchasing an additional 11,601 shares in the last quarter. Woodline Partners LP increased its stake in Carnival by 41.9% during the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after buying an additional 26,141 shares during the period. Finally, Truist Financial Corp lifted its holdings in Carnival by 19.4% during the 2nd quarter. Truist Financial Corp now owns 53,846 shares of the company’s stock worth $1,514,000 after buying an additional 8,744 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CCL. Stifel Nicolaus boosted their price target on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $34.00 target price on shares of Carnival in a report on Monday, December 22nd. UBS Group boosted their target price on Carnival from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Zacks Research upgraded Carnival from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, Bank of America boosted their price objective on Carnival from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Carnival presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Carnival Stock Up 8.0%

Shares of NYSE CCL opened at $32.42 on Tuesday. The business has a 50-day moving average of $29.05 and a two-hundred day moving average of $29.22. The company has a market capitalization of $37.86 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.09 and a beta of 2.51. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $32.89. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28.

Carnival (NYSE:CCL) last issued its earnings results on Friday, December 19th. The company reported $0.34 earnings per share 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 return on equity of 28.39% and a net margin of 10.37%.The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. 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, analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Announces Dividend

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 given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 13th. Carnival’s dividend payout ratio (DPR) is 30.00%.

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.