Lido Advisors LLC Increases Stock Position in Carnival Corporation $CCL

Lido Advisors LLC boosted its position in Carnival Corporation (NYSE:CCL) by 99.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 117,003 shares of the company’s stock after acquiring an additional 58,383 shares during the period. Lido Advisors LLC’s holdings in Carnival were worth $3,028,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CCL. Swedbank AB lifted its stake in Carnival by 10.0% in the fourth quarter. Swedbank AB now owns 519,939 shares of the company’s stock worth $15,879,000 after acquiring an additional 47,070 shares during the period. Vanguard Group Inc. increased its position in Carnival by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after purchasing an additional 368,445 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Carnival by 5.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,252,014 shares of the company’s stock worth $69,632,000 after purchasing an additional 109,474 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in Carnival by 95.9% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 889,393 shares of the company’s stock worth $23,017,000 after purchasing an additional 435,470 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Carnival by 10.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 654,946 shares of the company’s stock worth $20,002,000 after purchasing an additional 59,383 shares during the period. 67.19% of the stock is owned by institutional investors.

Carnival Stock Up 4.3%

Shares of Carnival stock opened at $26.36 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29. The company has a 50-day moving average of $27.52 and a 200 day moving average of $28.06. The firm has a market cap of $36.10 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 1.16 and a beta of 2.32. Carnival Corporation has a 1 year low of $23.45 and a 1 year high of $34.03.

Carnival (NYSE:CCL) last posted 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. The business had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. Carnival’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 earnings per share. 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, sell-side analysts anticipate that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 7th. Carnival’s dividend payout ratio (DPR) is 27.03%.

Insiders Place Their Bets

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total value of $1,209,929.80. Following the sale, the insider directly owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. The trade was a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CCL. Sanford C. Bernstein lowered shares of Carnival from a “market perform” rating to a “market perform” rating in a research note on Tuesday, June 23rd. Citigroup raised their price objective on shares of Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Wall Street Zen cut Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Argus set a $35.00 target price on Carnival in a report on Friday, June 26th. Finally, Loop Capital started coverage on Carnival in a research report on Monday, June 1st. They issued a “buy” rating and a $36.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.08.

Carnival 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.