Carnival Corporation $CCL Position Increased by Hound Partners LLC

Posted by Geri Gentry on Jul 27th, 2026

Hound Partners LLC grew its holdings in shares of Carnival Corporation (NYSE:CCL – Free Report) by 27.9% in the first quarter, HoldingsChannel.com reports. The fund owned 4,514,839 shares of the company’s stock after purchasing an additional 985,772 shares during the period. Carnival accounts for about 14.6% of Hound Partners LLC’s investment portfolio, making the stock its largest holding. Hound Partners LLC’s holdings in Carnival were worth $116,844,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Auto Owners Insurance Co increased its position in shares of Carnival by 2,954.0% in 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. Viking Global Investors LP purchased a new stake in Carnival in the fourth quarter valued at approximately $429,448,000. Pacer Advisors Inc. lifted its position in Carnival by 2,432.8% during the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock valued at $204,311,000 after purchasing an additional 6,425,822 shares during the last quarter. Wellington Management Group LLP lifted its position in Carnival by 99.6% during the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock valued at $351,535,000 after purchasing an additional 6,066,336 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in Carnival by 1,619.1% in the 4th quarter. Victory Capital Management Inc. now owns 5,132,270 shares of the company’s stock worth $156,740,000 after buying an additional 4,833,723 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insiders Place Their Bets

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares in the company, valued at $1,945,587.80. This represents a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 7.90% of the stock is owned by corporate insiders.

Carnival Trading Up 0.1%

CCL stock opened at $26.36 on Monday. The company has a market capitalization of $36.10 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 1.16 and a beta of 2.32. Carnival Corporation has a one year low of $23.45 and a one year high of $34.03. The company’s 50 day moving average price is $27.52 and its two-hundred day moving average price is $28.04. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.29 and a current ratio of 0.33.

Carnival (NYSE:CCL – Get Free Report) last announced its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, topping 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 firm had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same period in the previous year, the business posted $0.35 EPS. The business’s quarterly revenue was up 5.3% on a year-over-year basis. 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, 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 will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.60 annualized dividend and a yield of 2.3%. Carnival’s payout ratio is currently 27.03%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CCL. BMO Capital Markets started coverage on shares of Carnival in a report on Tuesday, July 7th. They issued a “market perform” rating and a $30.00 price target on the stock. Wells Fargo & Company lifted their price objective on shares of Carnival from $36.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Susquehanna upped their target price on shares of Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a research report on Wednesday, June 24th. Sanford C. Bernstein cut Carnival from a “market perform” rating to a “market perform” rating in a research note on Tuesday, June 23rd. Finally, Stifel Nicolaus raised their price target on Carnival from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.08.

Get Our Latest Analysis on CCL

About Carnival

(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.