Wellington Management Group LLP Lowers Stock Holdings in Carnival Corporation $CCL

Wellington Management Group LLP reduced its position in Carnival Corporation (NYSE:CCL) by 98.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,552 shares of the company’s stock after selling 7,137,489 shares during the quarter. Wellington Management Group LLP’s holdings in Carnival were worth $3,816,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Lazard Asset Management LLC purchased a new stake in Carnival during the first quarter valued at about $1,732,000. Swedbank AB lifted its stake in shares of Carnival by 10.0% in the 4th quarter. Swedbank AB now owns 519,939 shares of the company’s stock valued at $15,879,000 after acquiring an additional 47,070 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in Carnival by 95.9% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 889,393 shares of the company’s stock valued at $23,017,000 after acquiring an additional 435,470 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Carnival during the 2nd quarter valued at about $15,383,000. Finally, Allstate Corp grew its position in Carnival by 96.5% during the 4th quarter. Allstate Corp now owns 74,258 shares of the company’s stock worth $2,268,000 after acquiring an additional 36,476 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CCL has been the topic of a number of analyst reports. Zacks Research raised Carnival from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Sanford C. Bernstein cut shares of Carnival from a “market perform” rating to a “market perform” rating in a report on Tuesday, June 23rd. TD Cowen lifted their target price 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. Barclays lowered their price target on shares of Carnival from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, June 24th. Finally, Argus set a $35.00 price target on shares of Carnival in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $35.08.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Holland America Line is moving the renovation of Oosterdam forward by five weeks after strong guest demand for the reimagined ship. The earlier debut will add several cruises and could support occupancy and onboard revenue. Holland America Evolution Debuts Earlier
• Positive Sentiment: Analysts highlighted Carnival’s record booking curve, higher forward pricing and strong 2027 bookings as evidence of sustained demand and pricing power. Expected cost savings also support the company’s longer-term earnings outlook. Carnival’s Record Booking Curve Extends
• Neutral Sentiment: Princess Cruises, another Carnival brand, launched a promotional contest for elite loyalty members tied to the 2027 Rose Parade. The initiative may boost engagement but is unlikely to materially affect near-term financial results. Princess Cruises Rose Parade Contest
• Negative Sentiment: Rising crude oil prices pressured cruise stocks, including Carnival, by undermining expectations for fuel-cost relief. Higher bunker fuel expenses could weigh on margins and earnings estimates across the industry. Rising Oil Pressures Cruise Stocks
• Negative Sentiment: Carnival’s recent decline reflects investor concerns about uneven European demand and uncertainty over whether strong bookings and pricing momentum can persist. The stock has fallen about 16% over the past month and underperformed the broader market, increasing near-term pressure despite its favorable long-term demand trends. Carnival Stock Declines 16% in a Month

Carnival Stock Performance

Shares of CCL stock opened at $22.74 on Thursday. The firm has a market capitalization of $31.14 billion, a price-to-earnings ratio of 10.24, a PEG ratio of 1.00 and a beta of 2.31. The stock has a fifty day moving average of $26.47 and a 200 day moving average of $26.97. Carnival Corporation has a 52 week low of $22.70 and a 52 week high of $34.03. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The business had revenue of $6.66 billion for the quarter, compared to the consensus estimate of $6.69 billion. During the same period in the previous year, the firm earned $0.35 EPS. The company’s quarterly revenue 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. As a group, research analysts expect that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were issued a $0.15 dividend. The ex-dividend date was Friday, August 7th. This represents a $0.60 annualized dividend and a yield of 2.6%. Carnival’s dividend payout ratio (DPR) is 27.03%.

About Carnival

Carnival Corporation & plc is a global leisure travel company that operates cruise lines and related vacation businesses. Its cruise brands serve travelers in North America, Europe, Australia, and other international markets, offering ocean voyages to destinations throughout the Caribbean, Europe, Alaska, Asia, Australia, and other regions.

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