Daiwa Securities Group Inc. Increases Holdings in Carnival Corporation $CCL

Daiwa Securities Group Inc. raised its holdings in shares of Carnival Corporation (NYSE:CCL) by 19.9% in the second quarter, HoldingsChannel reports. The firm owned 231,715 shares of the company’s stock after buying an additional 38,494 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Carnival were worth $6,620,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Carnival in the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. purchased a new stake in Carnival in the fourth quarter worth $26,000. Basecamp Wealth Advisors LLC boosted its holdings in Carnival by 107.8% in the first quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock valued at $27,000 after acquiring an additional 542 shares in the last quarter. Axiom Investment Management LLC purchased a new position in Carnival during the 2nd quarter valued at $29,000. Finally, Motiv8 Investments LLC purchased a new position in Carnival during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the 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 sale, the insider directly owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. This represents a 38.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 7.90% of the company’s stock.

Carnival Trading Down 1.0%

NYSE:CCL opened at $28.14 on Friday. The company’s 50-day simple moving average is $27.98 and its 200 day simple moving average is $27.86. Carnival Corporation has a one year low of $23.45 and a one year high of $34.03. The firm has a market capitalization of $38.54 billion, a P/E ratio of 12.67, a PEG ratio of 1.25 and a beta of 2.35. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $6.69 billion. During the same quarter in the prior year, the business posted $0.35 EPS. The firm’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, analysts forecast that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be paid a $0.15 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. Carnival’s payout ratio is presently 27.03%.

Wall Street Analysts Forecast Growth

CCL has been the subject of several research analyst reports. BMO Capital Markets began coverage on shares of Carnival in a research report on Tuesday, July 7th. They issued a “market perform” rating and a $30.00 target price for the company. Weiss Ratings downgraded shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Loop Capital assumed coverage on shares of Carnival in a report on Monday, June 1st. They issued a “buy” rating and a $36.00 price objective for the company. Truist Financial lifted their price objective on Carnival from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Finally, Sanford C. Bernstein cut Carnival from a “market perform” rating to a “market perform” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $35.08.

Carnival Company 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.