Carnival Corporation $CCL Shares Acquired by Czech National Bank

Czech National Bank lifted its position in shares of Carnival Corporation (NYSE:CCL) by 16.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 366,173 shares of the company’s stock after purchasing an additional 52,938 shares during the period. Czech National Bank’s holdings in Carnival were worth $10,462,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Assenagon Asset Management S.A. boosted its position in Carnival by 11.4% during the second quarter. Assenagon Asset Management S.A. now owns 4,687,038 shares of the company’s stock worth $133,909,000 after purchasing an additional 480,097 shares in the last quarter. Trust Asset Management LLC increased its position in shares of Carnival by 7.2% in the second quarter. Trust Asset Management LLC now owns 12,371 shares of the company’s stock valued at $353,000 after buying an additional 828 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Carnival by 20.4% in the second quarter. GAMMA Investing LLC now owns 41,427 shares of the company’s stock valued at $1,184,000 after buying an additional 7,032 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Carnival by 22.7% in the second quarter. CoreCap Advisors LLC now owns 2,932 shares of the company’s stock valued at $84,000 after buying an additional 543 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Carnival by 26.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 4,960 shares of the company’s stock worth $142,000 after buying an additional 1,044 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Price Performance

Shares of Carnival stock opened at $28.96 on Friday. The stock has a market capitalization of $39.67 billion, a P/E ratio of 13.05, a PEG ratio of 1.28 and a beta of 2.35. The business has a 50 day simple moving average of $27.94 and a two-hundred day simple moving average of $27.88. Carnival Corporation has a 12 month low of $23.45 and a 12 month high of $34.03. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The firm had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.69 billion. During the same period in the previous year, the company posted $0.35 earnings per share. The business’s revenue was up 5.3% on a year-over-year basis. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, analysts predict that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be issued a $0.15 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. Carnival’s dividend payout ratio (DPR) is presently 27.03%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on CCL shares. Tigress Financial increased their target price on Carnival from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Susquehanna boosted their price target on shares of Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a report on Wednesday, June 24th. Sanford C. Bernstein cut shares of Carnival from a “market perform” rating to a “market perform” rating in a research report on Tuesday, June 23rd. Barclays decreased their price objective on shares of Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, June 24th. Finally, Melius Research set a $36.00 target price on shares of Carnival in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $35.08.

Insider Transactions at Carnival

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of Carnival stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the sale, the insider owned 69,238 shares of the company’s stock, valued at $1,945,587.80. The trade was a 38.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.90% of the stock is currently owned by company insiders.

Carnival Company 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.