Carnival Corporation $CCL is Q Global Advisors LLC’s 4th Largest Position

Q Global Advisors LLC raised its holdings in Carnival Corporation (NYSE:CCL) by 518.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 400,000 shares of the company’s stock after buying an additional 335,305 shares during the period. Carnival makes up approximately 9.2% of Q Global Advisors LLC’s holdings, making the stock its 4th biggest holding. Q Global Advisors LLC’s holdings in Carnival were worth $10,352,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BOCHK Asset Management Ltd bought a new stake in shares of Carnival during the fourth quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Carnival in the third quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new position in Carnival in the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. lifted its holdings in Carnival by 381.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after buying an additional 762 shares in the last quarter. Finally, Optima Capital LLC bought a new stake in Carnival during the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Citigroup upped their target price on shares of Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Freedom Capital upgraded Carnival to a “strong-buy” rating in a report on Wednesday, June 3rd. Wells Fargo & Company increased their price objective on Carnival from $36.00 to $38.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Barclays reduced their price objective on Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, June 24th. Finally, UBS Group dropped their price target on Carnival from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.08.

Insider Activity at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the sale, the insider directly owned 69,238 shares in the company, valued at approximately $1,945,587.80. This trade represents a 38.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 7.90% of the company’s stock.

Carnival Trading Up 0.1%

Shares of NYSE:CCL opened at $26.36 on Monday. The company has a market capitalization of $36.10 billion, a PE ratio of 11.87, a P/E/G ratio of 1.16 and a beta of 2.32. The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 1.80. Carnival Corporation has a 12-month low of $23.45 and a 12-month high of $34.03. The business’s fifty day simple moving average is $27.52 and its 200-day simple moving average is $28.04.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The firm had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.69 billion. During the same period in the prior year, the business posted $0.35 EPS. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, equities research analysts predict that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 7th. Carnival’s dividend payout ratio is presently 27.03%.

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.