Carnival Corporation $CCL Shares Sold by Deltec Asset Management LLC

Deltec Asset Management LLC lessened its position in Carnival Corporation (NYSE:CCL) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 627,384 shares of the company’s stock after selling 27,310 shares during the period. Carnival makes up about 3.0% of Deltec Asset Management LLC’s investment portfolio, making the stock its 7th biggest holding. Deltec Asset Management LLC’s holdings in Carnival were worth $16,237,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CVA Family Office LLC boosted its position in Carnival by 15.6% during the 4th quarter. CVA Family Office LLC now owns 2,597 shares of the company’s stock worth $79,000 after buying an additional 350 shares during the period. Net Worth Advisory Group raised its stake in shares of Carnival by 2.9% during the fourth quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock valued at $378,000 after acquiring an additional 354 shares during the last quarter. Triad Wealth Partners LLC lifted its holdings in shares of Carnival by 2.1% during the fourth quarter. Triad Wealth Partners LLC now owns 17,464 shares of the company’s stock worth $533,000 after purchasing an additional 358 shares during the period. Commerzbank Aktiengesellschaft FI grew its position in shares of Carnival by 3.5% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock valued at $322,000 after buying an additional 358 shares during the last quarter. Finally, StoneX Group Inc. increased its stake in shares of Carnival by 4.9% in the fourth quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock valued at $242,000 after buying an additional 368 shares during the period. 67.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Barclays cut their price objective on Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 24th. Wall Street Zen downgraded shares of Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Stifel Nicolaus upped their price objective on shares of Carnival from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Truist Financial decreased their price objective on shares of Carnival from $30.00 to $29.00 and set a “hold” rating for the company in a research report on Friday, May 22nd. Finally, Loop Capital started coverage on shares of Carnival in a research note on Monday, June 1st. They set a “buy” rating and a $36.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.23.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival completed a major expansion of its Celebration Key destination in The Bahamas, adding capacity for four ships and up to 13,000 guests per day. The project could support more annual arrivals, strengthen onboard/destination spending, and improve long-term growth prospects. Carnival (CCL) Completes Celebration Key Expansion With Room For 13,000 Daily Guests
• Positive Sentiment: Wells Fargo raised its price target on Carnival, signaling continued analyst confidence in the stock’s longer-term outlook. Tigress Financial also lifted its target to $42 and reiterated a buy rating, implying meaningful upside from current levels. Price target increase coverage
• Neutral Sentiment: Analyst commentary highlighted Carnival’s strong earnings track record and compared its recent performance with Royal Caribbean, noting that the cruise sector remains split between operators despite Carnival’s run of earnings beats. Why Carnival’s Record Run Hasn’t Closed Its Gap with Royal Caribbean
• Neutral Sentiment: Zacks discussed Carnival’s investments in new Princess ships and fleet upgrades, which support long-term growth and customer experience, but the article did not point to an immediate earnings catalyst. Will Carnival’s New Princess Ships Strengthen Long-Term Growth?
• Negative Sentiment: One report said Carnival’s fair value declined after softer yield guidance and concerns about demand in Europe, which may be weighing on sentiment around near-term pricing power and revenue growth. Carnival (CCL) Stock Fair Value Falls After Softer Yield Guidance And Europe Demand Concerns

Carnival Price Performance

Carnival stock opened at $28.50 on Thursday. The stock has a market capitalization of $39.04 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 1.26 and a beta of 2.32. Carnival Corporation has a 52-week low of $23.45 and a 52-week high of $34.03. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.29 and a current ratio of 0.33. The stock’s 50 day moving average price is $27.38 and its two-hundred day moving average price is $28.47.

Carnival (NYSE:CCL) last issued its earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The business had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.69 billion. During the same period in the prior year, the firm earned $0.35 earnings per share. Carnival’s 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. On average, equities analysts predict that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, May 18th. Carnival’s dividend payout ratio (DPR) is 27.03%.

Insider Activity at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the completion of the sale, the insider owned 69,238 shares in the company, valued at $1,945,587.80. The trade was a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 7.90% of the stock is currently owned by corporate insiders.

Carnival 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.