26,741 Carnival Corporation $CCL Shares Bought by Quadrant Capital Group LLC

Quadrant Capital Group LLC boosted its stake in shares of Carnival Corporation (NYSE:CCL) by 84.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 58,393 shares of the company’s stock after purchasing an additional 26,741 shares during the period. Quadrant Capital Group LLC’s holdings in Carnival were worth $1,433,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Manning & Napier Advisors LLC acquired a new stake in Carnival during the second quarter worth about $25,000. Basecamp Wealth Advisors LLC raised its position in Carnival by 107.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock valued at $27,000 after acquiring an additional 542 shares in the last quarter. Physician Wealth Advisors Inc. raised its position in Carnival by 116.9% during the third quarter. Physician Wealth Advisors Inc. now owns 1,093 shares of the company’s stock valued at $27,000 after acquiring an additional 589 shares in the last quarter. Axiom Investment Management LLC acquired a new position in Carnival in the second quarter valued at approximately $29,000. Finally, Ancora Advisors LLC acquired a new position in Carnival in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Upgrades and Downgrades

CCL has been the topic of several recent research reports. UBS Group restated a “buy” rating and issued a $36.00 price objective on shares of Carnival in a research report on Wednesday, September 30th. Morgan Stanley lifted their target price on shares of Carnival from $31.00 to $32.50 and gave the company an “overweight” rating in a report on Tuesday, September 29th. BMO Capital Markets assumed coverage on shares of Carnival in a research note on Tuesday, July 7th. They issued a “market perform” rating and a $30.00 target price for the company. TD Cowen lowered their price target on shares of Carnival from $34.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Finally, Susquehanna dropped their price target on shares of Carnival from $33.00 to $28.00 and set a “positive” rating on the stock in a research report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.14.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Dividend reinstated: Carnival declared a quarterly dividend of $0.15 per share, or $0.60 annualized, representing an approximately 2.3% yield. The payment is scheduled for November 27 for shareholders of record on November 6. The resumption signals greater confidence in cash generation and gives income-focused investors a new reason to own CCL. Carnival Corporation Declares Dividend
• Positive Sentiment: Cash generation remains part of the investment case: Recent analysis focuses on Carnival’s cash position, alongside record revenue and net income, strong 2027 bookings and continued debt reduction. These factors could support additional balance-sheet improvement and capital returns over time. Should You Buy Carnival Stock For Its Cash?
• Neutral Sentiment: Premium offerings and pricing initiatives: Princess Cruises is expanding its Sanctuary Collection across five Royal Class ships, while Carnival is reportedly introducing dynamic pricing for some onboard amenities. Both initiatives could increase guest spending and improve revenue per passenger, but their effects on demand and customer satisfaction remain uncertain. Princess Cruises Expands Sanctuary Collection
• Negative Sentiment: Oil-price surge pressures margins: Crude oil reached a five-month high, weighing on cruise operators because fuel is one of their largest expenses. Carnival declined alongside Royal Caribbean and Norwegian, as investors priced in the risk of higher fuel costs reducing earnings and cash flow. Cruise Stocks Fall as Oil Price Hits Five-Month High

Carnival Price Performance

Shares of Carnival stock opened at $26.11 on Friday. The firm has a market cap of $35.10 billion, a PE ratio of 11.40, a P/E/G ratio of 1.16 and a beta of 2.38. Carnival Corporation has a twelve month low of $21.45 and a twelve month high of $34.03. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 1.54. The business has a 50-day moving average price of $24.66 and a 200 day moving average price of $26.46.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Tuesday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. Carnival had a return on equity of 24.83% and a net margin of 11.37%. The company had revenue of $8.44 billion for the quarter, compared to the consensus estimate of $8.39 billion. During the same quarter in the prior year, the business posted $1.43 earnings per share. Carnival’s revenue for the quarter was up 3.5% on a year-over-year basis. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. Sell-side analysts predict that Carnival Corporation will post 2.26 earnings per share for the current fiscal year.

Carnival Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 6th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, November 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. Carnival’s dividend payout ratio (DPR) is 26.20%.

About Carnival

Carnival Corporation & plc (NYSE: CCL) is one of the world’s largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company’s brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.

Carnival’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.