Nykredit A S Makes New $9.81 Million Investment in Carnival Corporation $CCL

Nykredit A S acquired a new stake in Carnival Corporation (NYSE:CCL) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 343,333 shares of the company’s stock, valued at approximately $9,809,000.

A number of other hedge funds also recently made changes to their positions in CCL. Manning & Napier Advisors LLC purchased a new position in shares of Carnival in the 2nd quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Carnival during the third quarter worth about $25,000. Lloyd Advisory Services LLC. bought a new stake in Carnival in the fourth quarter worth about $26,000. Axiom Investment Management LLC purchased a new position in Carnival in the second quarter valued at about $29,000. Finally, Ancora Advisors LLC purchased a new position in Carnival in the second quarter valued at about $29,000. 67.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. TD Cowen raised their price target on shares of Carnival from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Sanford C. Bernstein downgraded Carnival from a “market perform” rating to a “market perform” rating in a research note on Tuesday, June 23rd. Tigress Financial increased their price objective on Carnival from $40.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. 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, June 25th. Finally, Loop Capital initiated coverage on Carnival in a research report on Monday, June 1st. They set a “buy” rating and a $36.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Carnival presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.08.

Carnival Stock Performance

NYSE CCL opened at $23.52 on Friday. The firm has a market cap of $32.21 billion, a P/E ratio of 10.59, a price-to-earnings-growth ratio of 1.02 and a beta of 2.31. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80. The company’s 50 day moving average is $26.81 and its 200-day moving average is $27.20. Carnival Corporation has a 12-month low of $23.08 and a 12-month high of $34.03.

Carnival (NYSE:CCL) last released its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The company 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 firm earned $0.35 EPS. Carnival’s revenue for the quarter 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. Sell-side analysts predict that Carnival Corporation will post 2.23 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were given a dividend of $0.15 per share. The ex-dividend date was Friday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. Carnival’s dividend payout ratio is currently 27.03%.

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.