Carnival Corporation $CCL Shares Sold by TD Asset Management Inc

TD Asset Management Inc reduced its stake in shares of Carnival Corporation (NYSE:CCL) by 33.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,106 shares of the company’s stock after selling 195,962 shares during the quarter. TD Asset Management Inc’s holdings in Carnival were worth $11,336,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CCL. Affinity Investment Advisors LLC grew its holdings in shares of Carnival by 8.0% during the third quarter. Affinity Investment Advisors LLC now owns 8,786 shares of the company’s stock worth $254,000 after purchasing an additional 654 shares during the last quarter. Mufg Securities Americas Inc. grew its stake in Carnival by 25.8% during the 3rd quarter. Mufg Securities Americas Inc. now owns 29,277 shares of the company’s stock worth $846,000 after buying an additional 6,007 shares during the last quarter. Compound Planning Inc. grew its stake in Carnival by 17.3% during the 3rd quarter. Compound Planning Inc. now owns 23,914 shares of the company’s stock worth $691,000 after buying an additional 3,519 shares during the last quarter. Dana Investment Advisors Inc. acquired a new position in Carnival during the third quarter worth approximately $12,148,000. Finally, Vestmark Advisory Solutions Inc. lifted its stake in Carnival by 6.4% in the third quarter. Vestmark Advisory Solutions Inc. now owns 26,985 shares of the company’s stock valued at $780,000 after buying an additional 1,635 shares during the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Carnival Stock Performance

Shares of CCL stock opened at $31.58 on Monday. 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 50 day simple moving average of $31.10 and a 200-day simple moving average of $29.57. The company has a market cap of $39.05 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.15 and a beta of 2.42. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $34.03.

Carnival (NYSE:CCL) last announced its quarterly earnings data on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The firm 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% on a year-over-year basis. During the same quarter in the prior 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. On average, equities analysts forecast that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Friday, February 13th. Carnival’s dividend payout ratio (DPR) is currently 30.00%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CCL. Wolfe Research restated an “outperform” rating on shares of Carnival in a research report on Friday, December 19th. Bank of America upped their target price on shares of Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a report on Monday, January 12th. Truist Financial boosted their price target on Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Mizuho lifted their target price on Carnival from $37.00 to $38.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Finally, Susquehanna upped their price target on Carnival from $35.00 to $40.00 and gave the stock a “positive” rating in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Carnival presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

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.