Diversify Wealth Management LLC lifted its holdings in Carnival Corporation (NYSE:CCL – Free Report) by 58.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,648 shares of the company’s stock after buying an additional 23,524 shares during the quarter. Diversify Wealth Management LLC’s holdings in Carnival were worth $1,726,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in Carnival during the third quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new position in shares of Carnival during the fourth quarter valued at approximately $26,000. Basecamp Wealth Advisors LLC lifted its holdings in shares of Carnival by 107.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock valued at $27,000 after purchasing an additional 542 shares during the last quarter. Optima Capital LLC bought a new stake in shares of Carnival in the 4th quarter worth approximately $32,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of Carnival in the 4th quarter worth approximately $32,000. 67.19% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Carnival
In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were 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 approximately $1,945,587.80. This trade represents a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 7.90% of the stock is owned by company insiders.
Carnival Trading Up 2.7%
Carnival (NYSE:CCL – Get Free Report) last issued 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 company had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.Carnival’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Research analysts forecast that Carnival Corporation will post 2.23 earnings per share for the current year.
Carnival Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, August 7th. Carnival’s dividend payout ratio is 27.03%.
Analyst Ratings Changes
A number of research analysts have issued reports on CCL shares. Loop Capital initiated coverage on Carnival in a research note on Monday, June 1st. They set a “buy” rating and a $36.00 price objective for the company. Susquehanna upped their price target on shares of Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a research note on Wednesday, June 24th. Melius Research set a $36.00 price objective on shares of Carnival in a research report on Wednesday, June 17th. BMO Capital Markets initiated coverage on shares of Carnival in a research note on Tuesday, July 7th. They set a “market perform” rating and a $30.00 price objective for the company. Finally, Stifel Nicolaus lifted their target price on shares of Carnival from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, June 12th. One investment 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 company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $35.08.
View Our Latest Analysis on Carnival
About Carnival
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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