Dynamic Technology Lab Private Ltd Trims Stock Holdings in Carnival Corporation $CCL

Dynamic Technology Lab Private Ltd lessened its stake in shares of Carnival Corporation (NYSE:CCL) by 76.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,816 shares of the company’s stock after selling 126,074 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Carnival were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CCL. Evolution Wealth Management Inc. acquired a new stake in shares of Carnival during the 2nd quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Carnival by 182.0% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after buying an additional 659 shares during the last quarter. LRI Investments LLC acquired a new position in shares of Carnival in the third quarter valued at approximately $30,000. Farmers & Merchants Investments Inc. lifted its stake in shares of Carnival by 140.6% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock valued at $44,000 after buying an additional 886 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of Carnival by 170.5% during the third quarter. Cullen Frost Bankers Inc. now owns 1,934 shares of the company’s stock valued at $56,000 after buying an additional 1,219 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on CCL shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Carnival from $33.00 to $34.00 and gave the stock a “hold” rating in a research note on Monday, December 22nd. Barclays reduced their price target on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. Mizuho lifted their price objective on Carnival from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. Stifel Nicolaus upped their target price on Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Finally, Jefferies Financial Group increased their target price on Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. One 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.09.

Carnival Price Performance

CCL stock opened at $25.85 on Monday. The firm has a market cap of $32.03 billion, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 0.95 and a beta of 2.42. 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 1 year low of $15.07 and a 1 year high of $34.03. The stock has a 50-day simple moving average of $30.73 and a 200-day simple moving average of $29.50.

Carnival (NYSE:CCL) last released its quarterly earnings results on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. The firm 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%.Carnival’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 posted $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, equities analysts predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, February 13th. Carnival’s payout ratio is presently 30.00%.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Wells Fargo raised its price target to $40 and kept an “overweight” rating, implying roughly 55% upside from recent levels — a clear analyst vote of confidence that can support buy-side interest. Wells Fargo raises PT and rating
• Positive Sentiment: Income/buy thesis picked up traction: Seeking Alpha highlights Carnival as a dividend-yielding, low-volatility buy, citing margin improvements, Celebration Key and a reinstated $0.15 quarterly dividend — these fundamentals can attract income-focused investors. Seeking Alpha: Dividend-buy thesis
• Neutral Sentiment: Competitor expansion: Royal Caribbean (RCL) is adding Discovery‑class ships, river cruises and private destinations to boost repeat demand — this signals strong industry demand but also intensifies competition for market share. Investors should view this as an industry growth indicator with mixed implications for CCL. RCL adds ships and destinations
• Neutral Sentiment: Luxury promotions: Seabourn launched suite upgrades and shipboard-credit offers to drive bookings in 2026+; niche marketing and promotional activity across luxury operators may pressure yields in specific itineraries but has limited direct impact on Carnival’s mass-market segments. Seabourn promotion
• Negative Sentiment: Oil and geopolitical risk are the main immediate headwinds: multiple pieces link rising WTI crude (near $85) and Strait of Hormuz disruptions from Middle East conflict to pressure cruise margins and route economics — investors are selling on higher fuel-cost risk. Benzinga: Why Carnival shares falling
• Negative Sentiment: Market reaction / price action coverage: Several outlets (Zacks, Yahoo Finance) flagged steeper-than-market declines in CCL, reinforcing negative momentum and potentially triggering technical selling. Yahoo/Zacks: CCL falls more steeply
• Negative Sentiment: Options and sentiment on fuel shock: Commentary on RCL options activity and oil-driven volatility highlights elevated hedging/trading around cruise names — a sign of short-term investor unease that typically spills over into CCL. Barchart: Oil shock and options activity

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.