Mitsubishi UFJ Asset Management Co. Ltd. Has $61.94 Million Holdings in Carnival Corporation $CCL

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Carnival Corporation (NYSE:CCL) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,142,540 shares of the company’s stock after acquiring an additional 93,517 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.18% of Carnival worth $61,941,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new stake in Carnival during the 2nd quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Carnival by 182.0% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after buying an additional 659 shares in the last quarter. LRI Investments LLC acquired a new position in shares of Carnival during the third quarter valued at about $30,000. Farmers & Merchants Investments Inc. grew its holdings in shares of Carnival by 140.6% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock valued at $44,000 after buying an additional 886 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in shares of Carnival by 170.5% during the third quarter. Cullen Frost Bankers Inc. now owns 1,934 shares of the company’s stock worth $56,000 after acquiring an additional 1,219 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CCL. Zacks Research raised shares of Carnival from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Truist Financial boosted their price objective on Carnival from $31.00 to $34.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. Wall Street Zen upgraded Carnival from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Citigroup lifted their target price on Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Finally, Morgan Stanley set a $33.00 price target on Carnival in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Carnival Stock Performance

CCL stock opened at $31.58 on Friday. The firm has a market cap of $39.05 billion, a PE ratio of 15.79, a P/E/G ratio of 1.19 and a beta of 2.49. 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 has a 50 day moving average of $31.10 and a 200-day moving average of $29.58. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $34.03.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $6.33 billion for 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 period last year, the company posted $0.14 earnings per share. 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, sell-side analysts expect that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 1.9%. Carnival’s dividend payout ratio is presently 30.00%.

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.