Carnival Corporation $CCL Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. cut its holdings in shares of Carnival Corporation (NYSE:CCL) by 6.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,591,441 shares of the company’s stock after selling 1,771,485 shares during the period. Carnival comprises about 1.2% of Bessemer Group Inc.’s portfolio, making the stock its 11th biggest position. Bessemer Group Inc. owned about 2.28% of Carnival worth $768,759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. acquired a new stake in Carnival during the 2nd quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 acquiring an additional 659 shares in the last quarter. LRI Investments LLC purchased a new position in Carnival in the third quarter valued at $30,000. Farmers & Merchants Investments Inc. grew its stake in Carnival by 140.6% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock worth $44,000 after purchasing an additional 886 shares in the last quarter. Finally, Whipplewood Advisors LLC increased its holdings in Carnival by 301.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,560 shares of the company’s stock worth $44,000 after purchasing an additional 1,171 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Stock Performance

Shares of CCL stock opened at $32.07 on Thursday. The stock’s 50-day moving average is $29.31 and its two-hundred day moving average is $29.26. 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 $33.15. The firm has a market cap of $37.44 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 1.16 and a beta of 2.49.

Carnival (NYSE:CCL) last announced its earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The firm had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the prior 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. Analysts predict that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 13th.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CCL. Barclays decreased their price objective on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Stifel Nicolaus lifted their price target on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” 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. Sanford C. Bernstein raised their price objective on shares of Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft boosted 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. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $35.00.

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.