Handelsbanken Fonder AB Has $11.57 Million Stake in Carnival Corporation $CCL

Handelsbanken Fonder AB lowered its position in shares of Carnival Corporation (NYSE:CCL) by 25.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 404,907 shares of the company’s stock after selling 138,233 shares during the quarter. Handelsbanken Fonder AB’s holdings in Carnival were worth $11,568,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Carnival in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. acquired a new stake in Carnival during the fourth quarter worth approximately $26,000. Optima Capital LLC bought a new stake in Carnival in the fourth quarter worth approximately $32,000. Kemnay Advisory Services Inc. bought a new stake in Carnival in the fourth quarter worth approximately $32,000. Finally, Basecamp Wealth Advisors LLC lifted its stake in Carnival by 107.8% in the first quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock valued at $27,000 after buying an additional 542 shares during the period. 67.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on CCL shares. Tigress Financial raised their price objective on shares of Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. BMO Capital Markets initiated coverage on shares of Carnival in a research report on Tuesday, July 7th. They set a “market perform” rating and a $30.00 target price on the stock. Stifel Nicolaus raised their price target on shares of Carnival from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Truist Financial lifted their price target on shares of Carnival from $29.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. Finally, Loop Capital began coverage on shares of Carnival in a research note on Monday, June 1st. They issued a “buy” rating and a $36.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Carnival currently has an average rating of “Moderate Buy” and an average price target of $35.08.

Carnival Trading Up 2.7%

NYSE:CCL opened at $28.40 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29. Carnival Corporation has a one year low of $23.45 and a one year high of $34.03. The company has a market cap of $38.90 billion, a PE ratio of 12.79, a PEG ratio of 1.22 and a beta of 2.35. The firm has a 50-day moving average of $27.96 and a 200-day moving average of $27.86.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 EPS. 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 research analysts expect that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, August 7th. This represents a $0.60 annualized dividend and a yield of 2.1%. Carnival’s dividend payout ratio is 27.03%.

Insider Buying and Selling

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the transaction, the insider directly owned 69,238 shares in the company, valued at approximately $1,945,587.80. This trade represents a 38.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.90% of the company’s stock.

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.