Swiss National Bank Has $84.53 Million Stock Position in Carnival Corporation $CCL

Swiss National Bank lifted its stake in shares of Carnival Corporation (NYSE:CCL) by 13.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,266,100 shares of the company’s stock after purchasing an additional 388,900 shares during the period. Swiss National Bank owned 0.26% of Carnival worth $84,527,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Carnival by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock worth $3,913,190,000 after acquiring an additional 368,445 shares in the last quarter. State Street Corp raised its holdings in shares of Carnival by 1.5% in the 4th quarter. State Street Corp now owns 48,074,173 shares of the company’s stock valued at $1,468,185,000 after purchasing an additional 704,433 shares during the period. Geode Capital Management LLC lifted its stake in Carnival by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 29,450,412 shares of the company’s stock valued at $896,104,000 after purchasing an additional 683,311 shares during the last quarter. Nuveen LLC lifted its stake in Carnival by 1.4% in the 4th quarter. Nuveen LLC now owns 26,729,524 shares of the company’s stock valued at $816,320,000 after purchasing an additional 364,529 shares during the last quarter. Finally, Auto Owners Insurance Co grew its holdings in Carnival by 2,954.0% during 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 period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Stock Performance

NYSE:CCL opened at $26.02 on Tuesday. The stock has a fifty day moving average price of $27.43 and a 200-day moving average price of $28.18. The company has a market cap of $35.65 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 1.16 and a beta of 2.32. 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 Corporation has a fifty-two week low of $23.45 and a fifty-two week high of $34.03.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $6.66 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the business earned $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. As a group, equities analysts anticipate that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be given a $0.15 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 2.3%. Carnival’s payout ratio is presently 27.03%.

Insider Buying and Selling at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the company’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 transaction of $1,209,929.80. Following the completion of the sale, the insider 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 legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 7.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CCL shares. Sanford C. Bernstein downgraded Carnival from a “market perform” rating to a “market perform” rating in a research report on Tuesday, June 23rd. Tigress Financial lifted their target price on Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Susquehanna boosted their target price on Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a report on Wednesday, June 24th. UBS Group decreased their target price on Carnival from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Finally, Melius Research set a $36.00 price target on Carnival in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and a consensus target price of $34.99.

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.