Nissay Asset Management Corp Japan Purchases 26,791 Shares of Carnival Corporation $CCL

Nissay Asset Management Corp Japan raised its position in shares of Carnival Corporation (NYSE:CCL) by 18.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 169,555 shares of the company’s stock after buying an additional 26,791 shares during the period. Nissay Asset Management Corp Japan’s holdings in Carnival were worth $4,844,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CCL. State Street Corp grew its position in Carnival by 1.5% during the 4th quarter. State Street Corp now owns 48,074,173 shares of the company’s stock worth $1,468,185,000 after acquiring an additional 704,433 shares during the last quarter. Geode Capital Management LLC raised its position in Carnival by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 29,450,412 shares of the company’s stock valued at $896,104,000 after purchasing an additional 683,311 shares during the last quarter. Nuveen LLC boosted its stake in Carnival by 1.4% in the fourth quarter. Nuveen LLC now owns 26,729,524 shares of the company’s stock worth $816,320,000 after purchasing an additional 364,529 shares in the last quarter. Auto Owners Insurance Co grew its holdings in shares of Carnival by 2,954.0% during the fourth quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock worth $60,625,000 after purchasing an additional 19,201,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Carnival by 5.5% in the first quarter. Dimensional Fund Advisors LP now owns 15,904,029 shares of the company’s stock valued at $411,372,000 after buying an additional 834,885 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Carnival Price Performance

Shares of NYSE CCL opened at $24.80 on Monday. 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 business has a 50-day moving average of $27.36 and a 200-day moving average of $27.48. The stock has a market capitalization of $33.97 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 1.03 and a beta of 2.35. Carnival Corporation has a fifty-two week low of $23.45 and a fifty-two week high of $34.03.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the prior 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 predict that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.60 annualized dividend and a yield of 2.4%. Carnival’s dividend payout ratio (DPR) is currently 27.03%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Loop Capital started coverage on Carnival in a research report on Monday, June 1st. They issued a “buy” rating and a $36.00 price objective on the stock. Melius Research set a $36.00 target price on shares of Carnival in a report on Wednesday, June 17th. BMO Capital Markets started coverage on Carnival in a research report on Tuesday, July 7th. They set a “market perform” rating and a $30.00 price target on the stock. Truist Financial boosted their price objective on shares of Carnival from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Finally, Stifel Nicolaus upped their price target on Carnival from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus 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.