Tokio Marine Asset Management Co. Ltd. Takes $1.10 Million Position in Carnival Corporation $CCL

Tokio Marine Asset Management Co. Ltd. acquired a new position in Carnival Corporation (NYSE:CCL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 38,151 shares of the company’s stock, valued at approximately $1,103,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CCL. Vanguard Group Inc. lifted its stake in shares of Carnival by 6.0% in the 2nd quarter. Vanguard Group Inc. now owns 126,663,493 shares of the company’s stock valued at $3,561,777,000 after purchasing an additional 7,157,739 shares during the last quarter. State Street Corp raised its holdings in Carnival by 3.5% in the 2nd quarter. State Street Corp now owns 45,523,890 shares of the company’s stock valued at $1,280,132,000 after buying an additional 1,531,495 shares during the period. Geode Capital Management LLC lifted its position in Carnival by 7.4% in the second quarter. Geode Capital Management LLC now owns 27,617,014 shares of the company’s stock valued at $773,398,000 after buying an additional 1,906,110 shares during the last quarter. Viking Global Investors LP boosted its stake in Carnival by 6.4% during the second quarter. Viking Global Investors LP now owns 13,207,267 shares of the company’s stock worth $371,388,000 after buying an additional 798,450 shares during the period. Finally, Holocene Advisors LP increased its position in shares of Carnival by 184.3% during the second quarter. Holocene Advisors LP now owns 10,289,947 shares of the company’s stock valued at $289,353,000 after acquiring an additional 6,669,935 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on CCL shares. Citigroup upped their price objective on shares of Carnival from $36.00 to $39.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Sanford C. Bernstein upped their price target on Carnival from $26.00 to $33.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 6th. Truist Financial set a $31.00 price objective on Carnival in a research note on Monday, December 22nd. Argus reiterated a “buy” rating and issued a $35.00 price objective on shares of Carnival in a report on Monday, December 22nd. Finally, TD Cowen raised their target price on Carnival from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.87.

Carnival Trading Down 2.0%

NYSE:CCL opened at $30.99 on Wednesday. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $32.89. The firm has a market cap of $36.18 billion, a PE ratio of 15.49, a price-to-earnings-growth ratio of 1.15 and a beta of 2.51. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. The stock has a fifty day moving average price of $28.18 and a 200 day moving average price of $29.21.

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

Carnival Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%.

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.