Resona Asset Management Co. Ltd. Sells 20,149 Shares of Carnival Corporation $CCL

Resona Asset Management Co. Ltd. lessened its position in Carnival Corporation (NYSE:CCL) by 5.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 329,045 shares of the company’s stock after selling 20,149 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Carnival were worth $9,540,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new position in shares of Carnival in the 2nd quarter worth $25,000. Farmers & Merchants Investments Inc. raised its holdings in Carnival by 140.6% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock worth $44,000 after buying an additional 886 shares during the last quarter. Whipplewood Advisors LLC lifted its stake in shares of Carnival by 301.0% in the second quarter. Whipplewood Advisors LLC now owns 1,560 shares of the company’s stock valued at $44,000 after buying an additional 1,171 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of Carnival by 193.4% during the third quarter. True Wealth Design LLC now owns 2,030 shares of the company’s stock valued at $59,000 after buying an additional 1,338 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Carnival during the second quarter valued at about $60,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Price Performance

Shares of NYSE:CCL opened at $28.70 on Tuesday. The company has a market capitalization of $33.51 billion, a P/E ratio of 14.35, a price-to-earnings-growth ratio of 1.04 and a beta of 2.51. The company’s 50-day moving average is $28.60 and its 200 day moving average is $29.18. 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 fifty-two week low of $15.07 and a fifty-two week high of $32.89.

Carnival (NYSE:CCL) last announced its quarterly earnings data on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The business had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.38 billion. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. 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 research analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current 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 given 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 is Friday, February 13th.

Analyst Upgrades and Downgrades

CCL has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Barclays dropped their price objective on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft upped 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. TD Cowen reissued a “buy” rating on shares of Carnival in a research report on Tuesday, January 13th. Finally, Tigress Financial boosted their price target on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and an average price target of $35.00.

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.