Northwestern Mutual Wealth Management Co. Has $2.65 Million Holdings in Carnival Corporation $CCL

Posted by Brian Himes on Jun 6th, 2026

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Carnival Corporation (NYSE:CCL – Free Report) by 31.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 86,811 shares of the company’s stock after acquiring an additional 20,813 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Carnival were worth $2,651,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. BOCHK Asset Management Ltd acquired a new stake in Carnival during the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Carnival during the 3rd quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new stake in Carnival during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. raised its stake in Carnival by 381.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock worth $29,000 after buying an additional 762 shares during the period. Finally, Optima Capital LLC acquired a new stake in Carnival during the 4th quarter worth $32,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Insider Transactions at Carnival

In related news, Director Sir Jonathon Band sold 11,988 shares of Carnival stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total transaction of $313,965.72. Following the completion of the transaction, the director owned 52,601 shares in the company, valued at approximately $1,377,620.19. This trade represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Bettina Alejandra Deynes sold 43,058 shares of Carnival stock in a transaction dated 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 transaction, the insider owned 69,238 shares of the company’s stock, valued at $1,945,587.80. The trade was a 38.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 55,058 shares of company stock valued at $1,524,195 in the last quarter. 7.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on CCL shares. Loop Capital started coverage on Carnival in a research note on Monday. They set a “buy” rating and a $36.00 price objective on the stock. TD Cowen raised their price objective on Carnival from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Sanford C. Bernstein dropped their price objective on Carnival from $33.00 to $28.70 and set a “market perform” rating on the stock in a research note on Monday, March 30th. Citigroup dropped their price objective on Carnival from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Finally, Wall Street Zen downgraded Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.80.

Read Our Latest Research Report on CCL

Carnival Price Performance

NYSE:CCL opened at $27.43 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The stock’s 50-day simple moving average is $26.59 and its 200 day simple moving average is $28.06. The company has a market cap of $33.98 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.24 and a beta of 2.32. Carnival Corporation has a 52-week low of $22.11 and a 52-week high of $34.03.

Carnival (NYSE:CCL – Get Free Report) last released its earnings results on Friday, March 27th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%.Carnival’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. As a group, sell-side analysts forecast that Carnival Corporation will post 2.21 EPS for the current fiscal year.

Carnival Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, May 18th. This represents a $0.60 dividend on an annualized basis and a yield of 2.2%. Carnival’s dividend payout ratio (DPR) is presently 26.67%.

Carnival Profile

(Free Report)

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.