New York State Teachers Retirement System Boosts Stake in Carnival Corporation $CCL

New York State Teachers Retirement System increased its position in Carnival Corporation (NYSE:CCL) by 4.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 925,003 shares of the company’s stock after purchasing an additional 35,638 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Carnival worth $26,742,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. State of Michigan Retirement System lifted its position in Carnival by 9.9% in the 2nd quarter. State of Michigan Retirement System now owns 312,244 shares of the company’s stock valued at $8,780,000 after acquiring an additional 28,000 shares in the last quarter. AustralianSuper Pty Ltd bought a new position in Carnival during the 2nd quarter valued at about $37,880,000. New Century Financial Group LLC boosted its holdings in shares of Carnival by 375.7% during the 2nd quarter. New Century Financial Group LLC now owns 72,140 shares of the company’s stock valued at $2,029,000 after acquiring an additional 56,976 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Carnival by 30.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 100,983 shares of the company’s stock worth $2,840,000 after acquiring an additional 23,866 shares during the period. Finally, Convergence Investment Partners LLC purchased a new position in shares of Carnival during the second quarter valued at approximately $734,000. 67.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Mizuho raised their price target on Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a research note on Monday, December 22nd. Melius Research upped their price target on shares of Carnival from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Zacks Research raised shares of Carnival from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Barclays decreased their price target on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Finally, Jefferies Financial Group boosted their price objective on shares of Carnival from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.78.

Carnival Trading Down 1.7%

Shares of CCL stock opened at $31.60 on Tuesday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The stock has a fifty day simple moving average of $28.08 and a two-hundred day simple moving average of $29.18. The firm has a market capitalization of $36.89 billion, a PE ratio of 15.80, a PEG ratio of 1.17 and a beta of 2.51. Carnival Corporation has a 52-week low of $15.07 and a 52-week high of $32.89.

Carnival (NYSE:CCL) last released its quarterly earnings data on Friday, December 19th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The business had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The business’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the company 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. On average, analysts predict that Carnival Corporation will post 1.77 EPS for the current fiscal year.

Carnival Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 13th.

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.