BI Asset Management Fondsmaeglerselskab A S Sells 352,123 Shares of Carnival Corporation $CCL

BI Asset Management Fondsmaeglerselskab A S lessened its holdings in shares of Carnival Corporation (NYSE:CCL) by 92.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,855 shares of the company’s stock after selling 352,123 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Carnival were worth $721,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Diversified Trust Co boosted its stake in Carnival by 4.8% in the first quarter. Diversified Trust Co now owns 121,106 shares of the company’s stock worth $3,134,000 after buying an additional 5,561 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in Carnival by 70.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 696,693 shares of the company’s stock worth $21,277,000 after acquiring an additional 287,413 shares during the last quarter. World Investment Advisors increased its holdings in Carnival by 65.1% during the 4th quarter. World Investment Advisors now owns 24,451 shares of the company’s stock valued at $747,000 after purchasing an additional 9,644 shares during the period. Corient Private Wealth LLC increased its stake in shares of Carnival by 23.8% during the fourth quarter. Corient Private Wealth LLC now owns 276,752 shares of the company’s stock valued at $8,452,000 after buying an additional 53,275 shares during the period. Finally, Auto Owners Insurance Co boosted its stake in shares of Carnival by 2,954.0% during the 4th quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock valued at $60,625,000 after purchasing an additional 19,201,000 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Carnival Price Performance

CCL stock opened at $28.40 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.26 and a debt-to-equity ratio of 1.80. Carnival Corporation has a 12 month low of $23.45 and a 12 month high of $34.03. The stock has a market cap of $35.19 billion, a PE ratio of 12.79, a P/E/G ratio of 1.28 and a beta of 2.32. The company has a 50-day moving average price of $27.36 and a 200 day moving average price of $28.41.

Carnival (NYSE:CCL) last released its earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The business had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.69 billion. During the same period last year, the company earned $0.35 earnings per share. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. Equities research analysts anticipate that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date was Monday, May 18th. Carnival’s dividend payout ratio (DPR) is 26.67%.

Analyst Ratings Changes

A number of brokerages recently issued reports on CCL. Melius Research set a $36.00 price target on shares of Carnival in a research report on Wednesday, June 17th. Citigroup increased their price objective on shares of Carnival from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Wells Fargo & Company raised their target price on Carnival from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday. Susquehanna boosted their price objective on Carnival from $30.00 to $33.00 and gave the company a “positive” rating in a research note on Wednesday. Finally, Truist Financial dropped their price target on shares of Carnival from $30.00 to $29.00 and set a “hold” rating for the company in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.13.

Carnival News Summary

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival’s Q2 results showed record quarterly performance, with earnings of $0.41 per share topping expectations and revenue up year over year, while management pointed to strong bookings, record deposits and disciplined cost control as signs that underlying demand remains solid.
• Positive Sentiment: Analyst commentary remains constructive on the long-term story, with Jefferies reiterating a Buy rating and a $35 target, and other market coverage highlighting upside potential if Carnival can sustain its strong cruise demand. Article: Carnival faces near-term headwinds, but long-term outlook remains intact, says Jefferies
• Neutral Sentiment: The company also expanded its surplus meal donation program to the Dominican Republic, a positive corporate responsibility move, but one that is unlikely to materially affect near-term earnings or the stock price. Article: Carnival Corporation Expands Surplus Meal Donation Program to the Dominican Republic
• Negative Sentiment: Investors are still worried about guidance, as Carnival lowered its fiscal 2026 outlook and flagged softer back-half yields tied to temporary Europe disruption and extreme geopolitical volatility affecting bookings.
• Negative Sentiment: Analysts also noted ongoing headwinds from debt, fuel costs and geopolitical uncertainty, while one UBS note suggested the company may not benefit much from any booking improvement this year.
• Negative Sentiment: Recent headlines about guest altercations and bans at the end of cruises add some noise, but they are more of a reputational concern than a major financial driver.

Insiders Place Their Bets

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the transaction, the insider owned 69,238 shares in the company, valued at approximately $1,945,587.80. This represents a 38.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sir Jonathon Band sold 11,988 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total transaction of $313,965.72. Following the completion of the sale, the director directly owned 52,601 shares in the company, valued at approximately $1,377,620.19. The trade was a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 55,058 shares of company stock valued at $1,524,195 in the last three months. Insiders own 7.90% of the company’s stock.

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.