Resona Asset Management Co. Ltd. Raises Stock Position in Carnival Corporation $CCL

12 Jul 2026, 17:07 by Tristan Rich · The Markets Daily

Resona Asset Management Co. Ltd. lifted its stake in Carnival Corporation (NYSE:CCL – Free Report) by 7.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 333,652 shares of the company’s stock after acquiring an additional 23,507 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Carnival were worth $8,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Auto Owners Insurance Co lifted its position in Carnival by 2,954.0% in the fourth quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock valued at $60,625,000 after acquiring an additional 19,201,000 shares during the last quarter. Viking Global Investors LP acquired a new position in Carnival in the fourth quarter valued at $429,448,000. Pacer Advisors Inc. grew its holdings in shares of Carnival by 2,432.8% during the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock worth $204,311,000 after purchasing an additional 6,425,822 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Carnival by 99.6% during the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock worth $351,535,000 after purchasing an additional 6,066,336 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Carnival by 1,619.1% during the fourth quarter. Victory Capital Management Inc. now owns 5,132,270 shares of the company’s stock worth $156,740,000 after purchasing an additional 4,833,723 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Carnival

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the transaction, the insider directly owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. The trade was a 38.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 7.90% of the company’s stock.

Carnival Stock Performance

CCL traded up $0.10 on Friday, hitting $26.82. 12,434,273 shares of the company traded hands, compared to its average volume of 23,289,002. Carnival Corporation has a 12-month low of $23.45 and a 12-month high of $34.03. The company has a 50 day moving average of $27.43 and a 200-day moving average of $28.40. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $36.73 billion, a PE ratio of 12.08, a PEG ratio of 1.18 and a beta of 2.32.

Carnival (NYSE:CCL – Get Free Report) last announced its 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 company had revenue of $6.66 billion for the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The company’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the business posted $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. Sell-side analysts anticipate that Carnival Corporation will post 2.23 earnings per share for the current year.

Carnival Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, August 7th. Carnival’s dividend payout ratio (DPR) is 27.03%.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

Positive Sentiment: Carnival announced a quarterly dividend of $0.15 per share, which likely boosted investor confidence by signaling management’s commitment to returning cash to shareholders. Why Carnival (CCL) Stock Is Up Today
Positive Sentiment: The company unveiled Carnival Destiny, the first ship in its next-generation Ace Class, highlighting long-term growth plans and continued fleet investment that could support future revenue growth. CARNIVAL UNVEILS CARNIVAL DESTINY AS ITS NEWEST SHIP AND FIRST SHIP IN NEXT-GENERATION ACE CLASS
Positive Sentiment: Cruise stocks broadly rebounded, with Carnival rising alongside Norwegian Cruise Line and Royal Caribbean, suggesting sector-wide buying after a weak stretch. Norwegian Cruise Line Jumps 8%, Carnival Climbs 5%, Royal Caribbean Rises 3% in Cruise-Stock Rebound
Neutral Sentiment: Analysts at Zacks Research made mixed earnings estimate changes, including cuts to some future quarters and a slight reduction to FY2027 EPS, which keeps valuation expectations in flux.
Neutral Sentiment: Commentary from multiple outlets noted that Carnival still looks relatively inexpensive on earnings, but that upside is balanced by concerns about fuel costs, demand, and broader travel-sector uncertainty. Carnival (CCL) Stock Looks Discounted On Earnings But Weighed By Risks
Negative Sentiment: Near-term pressure remains from oil-price fears and recent stock weakness, which could weigh on margins and keep investors cautious despite the company’s growth initiatives. Carnival (CCL) Slides On Oil Price Fears, Is It 28% Undervalued?

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CCL shares. Stifel Nicolaus upped their target price on Carnival from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, June 12th. HSBC raised Carnival from a “hold” rating to a “buy” rating and decreased their price objective for the company from $33.60 to $30.10 in a report on Monday, March 30th. Citigroup raised their target price on shares of Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Freedom Capital raised shares of Carnival to a “strong-buy” rating in a report on Wednesday, June 3rd. Finally, Loop Capital started coverage on shares of Carnival in a research report 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 assigned a Hold rating to the stock. According to MarketBeat.com, Carnival has a consensus rating of “Moderate Buy” and a consensus target price of $34.99.

Read Our Latest Report on Carnival

About Carnival

(Free Report)

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.