Carnival Corporation $CCL Stake Lowered by Nixon Capital LLC

Nixon Capital LLC lessened its position in shares of Carnival Corporation (NYSE:CCL) by 25.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 855,917 shares of the company’s stock after selling 289,214 shares during the quarter. Carnival comprises 7.6% of Nixon Capital LLC’s portfolio, making the stock its 3rd biggest holding. Nixon Capital LLC owned approximately 0.07% of Carnival worth $24,745,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Carnival by 6.0% in the second quarter. Vanguard Group Inc. now owns 126,663,493 shares of the company’s stock valued at $3,561,777,000 after purchasing an additional 7,157,739 shares in the last quarter. State Street Corp grew its stake in shares of Carnival by 3.5% in the 2nd quarter. State Street Corp now owns 45,523,890 shares of the company’s stock worth $1,280,132,000 after buying an additional 1,531,495 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Carnival by 7.4% in the 2nd quarter. Geode Capital Management LLC now owns 27,617,014 shares of the company’s stock worth $773,398,000 after buying an additional 1,906,110 shares during the last quarter. Viking Global Investors LP raised its position in shares of Carnival by 6.4% during the 2nd quarter. Viking Global Investors LP now owns 13,207,267 shares of the company’s stock valued at $371,388,000 after buying an additional 798,450 shares in the last quarter. Finally, Holocene Advisors LP lifted its holdings in shares of Carnival by 184.3% in the 2nd quarter. Holocene Advisors LP now owns 10,289,947 shares of the company’s stock valued at $289,353,000 after acquiring an additional 6,669,935 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Cowen reissued a “buy” rating on shares of Carnival in a research note on Wednesday, December 17th. UBS Group boosted their target price on Carnival from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Melius Research raised their price target on Carnival from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Morgan Stanley set a $33.00 price objective on shares of Carnival in a research report on Wednesday. Finally, Mizuho increased their target price on shares of Carnival from $37.00 to $38.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Carnival presently has an average rating of “Moderate Buy” and a consensus target price of $34.43.

Carnival Trading Up 1.4%

Shares of NYSE:CCL opened at $32.14 on Monday. The company has a market capitalization of $37.52 billion, a PE ratio of 16.07, a P/E/G ratio of 1.17 and a beta of 2.51. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $32.89. The business’s fifty day simple moving average is $28.02 and its 200-day simple moving average is $29.14.

Carnival (NYSE:CCL) last posted its earnings results on Friday, December 19th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). The company had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. Carnival’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm earned $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. As a group, equities research analysts predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, February 13th. Carnival’s dividend payout ratio is currently 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.