Machina Capital S.A.S. Sells 59,270 Shares of Carnival Corporation $CCL

Machina Capital S.A.S. trimmed its position in Carnival Corporation (NYSE:CCL) by 69.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,628 shares of the company’s stock after selling 59,270 shares during the quarter. Machina Capital S.A.S.’s holdings in Carnival were worth $770,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Carnival by 6.0% in the 2nd quarter. Vanguard Group Inc. now owns 126,663,493 shares of the company’s stock worth $3,561,777,000 after acquiring an additional 7,157,739 shares during the last quarter. State Street Corp increased its position in Carnival by 3.5% in the second quarter. State Street Corp now owns 45,523,890 shares of the company’s stock worth $1,280,132,000 after purchasing an additional 1,531,495 shares during the last quarter. Geode Capital Management LLC raised its stake in Carnival by 7.4% during the second quarter. Geode Capital Management LLC now owns 27,617,014 shares of the company’s stock valued at $773,398,000 after purchasing an additional 1,906,110 shares in the last quarter. Viking Global Investors LP raised its stake in Carnival by 6.4% during the second quarter. Viking Global Investors LP now owns 13,207,267 shares of the company’s stock valued at $371,388,000 after purchasing an additional 798,450 shares in the last quarter. Finally, Holocene Advisors LP lifted its position in Carnival by 184.3% during the second quarter. Holocene Advisors LP now owns 10,289,947 shares of the company’s stock valued at $289,353,000 after purchasing an additional 6,669,935 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CCL. Barclays reduced their target price on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. Jefferies Financial Group boosted their price objective on Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Truist Financial raised their price objective on Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Wolfe Research reissued an “outperform” rating on shares of Carnival in a research report on Friday, December 19th. Finally, Argus restated a “buy” rating and issued a $35.00 price target on shares of Carnival in a research report on Monday, December 22nd. One investment 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 company. According to data from MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Carnival Price Performance

Shares of CCL stock opened at $32.07 on Thursday. The stock has a 50 day moving average price of $29.31 and a 200 day moving average price of $29.26. The firm has a market capitalization of $37.44 billion, a P/E ratio of 16.04, a P/E/G ratio of 1.16 and a beta of 2.49. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. Carnival Corporation has a 52-week low of $15.07 and a 52-week high of $33.15.

Carnival (NYSE:CCL) last released 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 during the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last 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 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 paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 13th.

Carnival Company 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.