180 Wealth Advisors LLC Invests $220,000 in Carnival Corporation $CCL

180 Wealth Advisors LLC bought a new position in Carnival Corporation (NYSE:CCL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,830 shares of the company’s stock, valued at approximately $220,000.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Carnival by 2.1% in the first quarter. Vanguard Group Inc. now owns 119,505,754 shares of the company’s stock valued at $2,333,947,000 after acquiring an additional 2,410,188 shares in the last quarter. Causeway Capital Management LLC bought a new stake in Carnival in the first quarter valued at $518,816,000. Nuveen LLC bought a new stake in Carnival in the first quarter valued at $432,718,000. Invesco Ltd. boosted its holdings in Carnival by 24.7% in the first quarter. Invesco Ltd. now owns 12,965,228 shares of the company’s stock valued at $253,211,000 after acquiring an additional 2,566,148 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Carnival by 16.8% in the first quarter. Northern Trust Corp now owns 12,425,707 shares of the company’s stock valued at $242,674,000 after acquiring an additional 1,787,015 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Insider Activity

In other news, Director Sir Jonathon Band sold 12,500 shares of Carnival stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the completion of the transaction, the director owned 64,406 shares of the company’s stock, valued at $1,916,078.50. The trade was a 16.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 7.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on CCL. Susquehanna lifted their price target on shares of Carnival from $30.00 to $35.00 and gave the company a “positive” rating in a report on Tuesday, September 30th. Wall Street Zen lowered Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. JPMorgan Chase & Co. raised their price objective on Carnival from $34.00 to $39.00 and gave the company an “overweight” rating in a research report on Monday, September 15th. Barclays raised their price objective on Carnival from $33.00 to $37.00 and gave the company an “overweight” rating in a research report on Wednesday, September 17th. Finally, Melius Research raised their price objective on Carnival from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.00.

Carnival Price Performance

CCL opened at $29.40 on Friday. The stock has a 50-day moving average price of $30.22 and a 200-day moving average price of $26.51. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30. The firm has a market cap of $34.32 billion, a PE ratio of 15.31, a P/E/G ratio of 0.60 and a beta of 2.68. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $32.80.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.11. The firm had revenue of $8.15 billion during the quarter, compared to analyst estimates of $8.09 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.Carnival’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.27 EPS. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. Sell-side analysts predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.