Wealth High Governance Capital Ltda Reduces Stock Holdings in Carnival Corporation $CCL

Wealth High Governance Capital Ltda lowered its stake in Carnival Corporation (NYSE:CCL) by 61.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 240,000 shares of the company’s stock after selling 380,001 shares during the period. Carnival accounts for approximately 2.0% of Wealth High Governance Capital Ltda’s holdings, making the stock its 22nd biggest holding. Wealth High Governance Capital Ltda’s holdings in Carnival were worth $6,938,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Rehmann Capital Advisory Group boosted its position in Carnival by 11.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 8,341 shares of the company’s stock valued at $241,000 after acquiring an additional 847 shares in the last quarter. Certuity LLC raised its position in shares of Carnival by 36.9% in the 3rd quarter. Certuity LLC now owns 10,325 shares of the company’s stock worth $298,000 after acquiring an additional 2,783 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in shares of Carnival in the 3rd quarter valued at approximately $32,000. Quantitative Investment Management LLC purchased a new position in shares of Carnival in the 3rd quarter valued at approximately $1,494,000. Finally, Sei Investments Co. boosted its position in shares of Carnival by 22.5% during the third quarter. Sei Investments Co. now owns 5,400,549 shares of the company’s stock valued at $156,129,000 after purchasing an additional 991,586 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CCL shares. Morgan Stanley set a $33.00 price target on Carnival in a research note on Wednesday, January 7th. UBS Group boosted their target price on shares of Carnival from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, January 12th. Jefferies Financial Group upped their target price on shares of Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Barclays decreased their price target on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Finally, Susquehanna boosted their price objective on shares of Carnival from $35.00 to $40.00 and gave the stock a “positive” rating in a research note on Tuesday, December 16th. Nineteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.70.

Carnival Stock Up 1.9%

Shares of NYSE CCL traded up $0.45 during trading on Friday, reaching $24.37. The company had a trading volume of 7,849,749 shares, compared to its average volume of 22,573,039. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $34.03. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The business’s 50-day moving average is $30.32 and its 200 day moving average is $29.38. The stock has a market cap of $30.20 billion, a PE ratio of 12.17, a P/E/G ratio of 0.95 and a beta of 2.42.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.09. The firm had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.Carnival’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. As a group, equities analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 2.5%. Carnival’s payout ratio is 30.00%.

Trending Headlines about Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Seabourn (Carnival’s luxury brand) unveiled a new premium Alaska land-and-cruise package (“The Denali Experience”) for 2027–28, supporting higher-margin luxury offerings and potential revenue upside in expedition/luxury demand. Read More.
• Neutral Sentiment: Stifel cut its price target to $35 but kept a Buy rating, signaling continued analyst confidence in Carnival’s recovery while acknowledging rising near-term headwinds. Read More.
• Neutral Sentiment: Valuation pieces note recent share cooling after strong YTD returns; investors are reassessing momentum and where Carnival sits versus peers — useful for medium-term positioning but not an immediate catalyst. Read More.
• Negative Sentiment: Oil-price spike tied to tanker strikes and Iran-related tensions has lifted fuel-cost risk for cruise lines; coverage notes Carnival is more exposed (no fuel hedge mentioned) and was dragged down with peers. Rising fuel = margin pressure and shorter-term downside risk. Read More.
• Negative Sentiment: Carnival shares recently fell sharply (large single-day declines reported), reflecting market sensitivity to sector-wide energy risk and piling analyst downgrades/price-target cuts. That volatility increases downside risk for short-term holders. Read More.
• Negative Sentiment: Goldman lowered its price target (from $34 to $30) and issued a pessimistic near-term forecast, which can pressure sentiment despite the bank retaining a Buy — another headwind for the stock. Read More.

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.