Handelsbanken Fonder AB Reduces Position in Carnival Corporation $CCL

Handelsbanken Fonder AB reduced its position in shares of Carnival Corporation (NYSE:CCL) by 4.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 769,679 shares of the company’s stock after selling 35,135 shares during the period. Handelsbanken Fonder AB owned about 0.07% of Carnival worth $22,251,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CCL. Evolution Wealth Management Inc. purchased a new stake in Carnival during the 2nd quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Carnival by 182.0% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock worth $30,000 after purchasing an additional 659 shares during the last quarter. LRI Investments LLC acquired a new position in Carnival in the third quarter valued at approximately $30,000. Farmers & Merchants Investments Inc. increased its stake in Carnival by 140.6% in the third quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock valued at $44,000 after purchasing an additional 886 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in Carnival by 170.5% during the third quarter. Cullen Frost Bankers Inc. now owns 1,934 shares of the company’s stock worth $56,000 after purchasing an additional 1,219 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Trading Down 3.4%

NYSE:CCL opened at $31.58 on Friday. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $34.03. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. The stock’s 50 day simple moving average is $31.10 and its 200-day simple moving average is $29.58. The firm has a market cap of $39.05 billion, a P/E ratio of 15.79, a PEG ratio of 1.15 and a beta of 2.49.

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

Carnival Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, February 13th. Carnival’s dividend payout ratio is currently 30.00%.

Analyst Ratings Changes

Several research analysts have recently issued reports on CCL shares. Wolfe Research restated an “outperform” rating on shares of Carnival in a report on Friday, December 19th. Truist Financial upped their price objective on shares of Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Argus reaffirmed a “buy” rating and set a $35.00 price objective on shares of Carnival in a report on Monday, December 22nd. Bank of America boosted their target price on Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a report on Monday, January 12th. Finally, Mizuho raised their price target on Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock 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.