Jones Financial Companies Lllp increased its position in shares of Carnival Corporation (NYSE:CCL – Free Report) by 13.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 189,911 shares of the company’s stock after acquiring an additional 22,795 shares during the quarter. Jones Financial Companies Lllp’s holdings in Carnival were worth $5,815,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of CCL. Commonwealth Financial Services LLC boosted its position in shares of Carnival by 3.6% during the third quarter. Commonwealth Financial Services LLC now owns 10,957 shares of the company’s stock worth $317,000 after purchasing an additional 379 shares in the last quarter. CIBC Asset Management Inc raised its stake in Carnival by 0.3% during the 3rd quarter. CIBC Asset Management Inc now owns 147,728 shares of the company’s stock worth $4,271,000 after buying an additional 398 shares during the period. World Investment Advisors lifted its holdings in Carnival by 3.1% during the third quarter. World Investment Advisors now owns 14,807 shares of the company’s stock worth $428,000 after acquiring an additional 451 shares in the last quarter. Rathbones Group PLC grew its stake in Carnival by 0.9% in the second quarter. Rathbones Group PLC now owns 51,544 shares of the company’s stock valued at $1,449,000 after acquiring an additional 480 shares during the period. Finally, Ballentine Partners LLC increased its holdings in shares of Carnival by 5.3% in the third quarter. Ballentine Partners LLC now owns 9,714 shares of the company’s stock worth $281,000 after acquiring an additional 490 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Tigress Financial lifted their price target on shares of Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Wall Street Zen upgraded shares of Carnival from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Wolfe Research reissued an “outperform” rating on shares of Carnival in a research report on Friday, December 19th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Carnival in a research report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.
Carnival Stock Performance
Shares of CCL stock opened at $31.46 on Friday. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $33.15. The company’s fifty day simple moving average is $29.43 and its 200-day simple moving average is $29.28. The firm has a market cap of $36.73 billion, a PE ratio of 15.73, a P/E/G ratio of 1.17 and a beta of 2.49. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96.
Carnival (NYSE:CCL – Get Free Report) last issued its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The firm had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.38 billion. During the same period in the previous year, the business earned $0.14 EPS. The company’s revenue was up 6.6% compared to the same quarter last year. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. Equities research analysts expect that Carnival Corporation will post 1.77 EPS for the current fiscal year.
Carnival Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 1.9%. Carnival’s dividend payout ratio is 30.00%.
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.
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