Penserra Capital Management LLC Grows Holdings in Carnival Corporation $CCL

Penserra Capital Management LLC boosted its position in shares of Carnival Corporation (NYSE:CCL) by 22,155.9% during the third quarter, Holdings Channel.com reports. The fund owned 22,701 shares of the company’s stock after acquiring an additional 22,599 shares during the quarter. Penserra Capital Management LLC’s holdings in Carnival were worth $655,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in CCL. Allianz Asset Management GmbH bought a new position in shares of Carnival in the third quarter worth approximately $251,000. Raleigh Capital Management Inc. purchased a new position in shares of Carnival during the 3rd quarter valued at $495,000. State of Wyoming boosted its holdings in Carnival by 56.2% in the 3rd quarter. State of Wyoming now owns 12,653 shares of the company’s stock worth $366,000 after buying an additional 4,553 shares during the period. Convergence Investment Partners LLC increased its stake in Carnival by 26.1% in the 3rd quarter. Convergence Investment Partners LLC now owns 32,929 shares of the company’s stock worth $952,000 after buying an additional 6,824 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in Carnival by 13.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 189,911 shares of the company’s stock worth $5,815,000 after buying an additional 22,795 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. TD Cowen restated a “buy” rating on shares of Carnival in a research report on Tuesday, January 13th. Bank of America lifted their target price on Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Truist Financial upped their price target on Carnival from $31.00 to $34.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Morgan Stanley set a $33.00 price objective on shares of Carnival in a report on Wednesday, January 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a research report on Friday, December 26th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Carnival presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Carnival Stock Up 8.1%

Shares of NYSE CCL opened at $34.00 on Friday. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $34.03. The firm has a 50-day simple moving average of $29.59 and a two-hundred day simple moving average of $29.30. The company has a market cap of $39.70 billion, a P/E ratio of 17.00, a PEG ratio of 1.24 and a beta of 2.49. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28.

Carnival (NYSE:CCL) last released its earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.09. The business had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. Research analysts anticipate that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%.

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.