Nykredit A S Buys New Position in Carnival Corporation $CCL

Key Points

• Nykredit A/S acquired 343,333 Carnival shares in the second quarter, valued at approximately $9.8 million. Institutional investors now own 67.19% of the company.
• Carnival reported quarterly EPS of $0.41, exceeding analysts’ $0.34 estimate, while revenue rose 5.3% year over year to $6.66 billion. The company also maintained a quarterly dividend of $0.15 per share, yielding about 2.6% annually.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $35.08, compared with the stock’s reported price of $23.52.

Nykredit A S bought a new stake in shares of Carnival Corporation (NYSE:CCL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 343,333 shares of the company's stock, valued at approximately $9,809,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC bought a new stake in shares of Carnival in the 2nd quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in Carnival in the third quarter valued at $25,000. Lloyd Advisory Services LLC. bought a new stake in Carnival during the fourth quarter valued at $26,000. Axiom Investment Management LLC bought a new stake in Carnival during the second quarter valued at $29,000. Finally, Ancora Advisors LLC acquired a new stake in Carnival during the 2nd quarter worth about $29,000. Institutional investors own 67.19% of the company's stock.

Carnival Trading Up 0.2%

NYSE CCL opened at $23.52 on Friday. The company has a market cap of $32.21 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of 1.02 and a beta of 2.31. Carnival Corporation has a 52 week low of $23.08 and a 52 week high of $34.03. The business has a 50 day moving average price of $26.81 and a 200-day moving average price of $27.20. 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 - Get Free Report) last issued its earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.07. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The company had revenue of $6.66 billion for the quarter, compared to analysts' expectations of $6.69 billion. During the same period last year, the business earned $0.35 EPS. Carnival'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, equities analysts expect that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on CCL. Susquehanna boosted their price objective on Carnival from $30.00 to $33.00 and gave the company a "positive" rating in a research note on Wednesday, June 24th. Barclays decreased their target price on Carnival from $36.00 to $35.00 and set an "overweight" rating for the company in a research note on Wednesday, June 24th. Weiss Ratings raised Carnival from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 27th. Tigress Financial increased their price target on Carnival from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Tuesday, June 30th. Finally, Sanford C. Bernstein downgraded shares of Carnival from a "market perform" rating to a "market perform" rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.

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