83,417 Shares in Carnival Corporation $CCL Purchased by Caprock Group LLC

Caprock Group LLC bought a new stake in shares of Carnival Corporation (NYSE:CCL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 83,417 shares of the company’s stock, valued at approximately $2,660,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new position in Carnival during the 2nd quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Carnival by 182.0% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock worth $30,000 after purchasing an additional 659 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Carnival during the third quarter valued at $30,000. Farmers & Merchants Investments Inc. grew 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 worth $44,000 after purchasing an additional 886 shares during the last quarter. Finally, Whipplewood Advisors LLC increased its stake in Carnival by 301.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 1,560 shares of the company’s stock worth $44,000 after buying an additional 1,171 shares during the period. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Stock Down 1.4%

Carnival stock opened at $32.62 on Friday. 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 market cap of $40.35 billion, a P/E ratio of 16.31, a P/E/G ratio of 1.21 and a beta of 2.49. The business has a fifty day moving average of $30.16 and a two-hundred day moving average of $29.39. Carnival Corporation has a twelve month low of $15.07 and a twelve month high of $34.03.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The company had revenue of $6.33 billion for 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 firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter 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. On average, analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, February 13th.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CCL. TD Cowen restated a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Stifel Nicolaus increased their price objective on Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Zacks Research upgraded Carnival from a “hold” rating to a “strong-buy” rating in a report on Friday, February 6th. Bank of America upped their target price on Carnival from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Mizuho increased their price target on Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

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.