Carnival Corporation $CCL Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC lifted its holdings in Carnival Corporation (NYSE:CCL) by 21.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,996 shares of the company’s stock after purchasing an additional 4,383 shares during the period. Advisory Alpha LLC’s holdings in Carnival were worth $703,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in CCL. GAMMA Investing LLC increased its position in shares of Carnival by 14.5% in the first quarter. GAMMA Investing LLC now owns 23,757 shares of the company’s stock worth $464,000 after acquiring an additional 3,005 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Carnival by 31.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 122,160 shares of the company’s stock worth $2,427,000 after acquiring an additional 28,890 shares in the last quarter. KBC Group NV increased its position in shares of Carnival by 0.8% in the first quarter. KBC Group NV now owns 73,391 shares of the company’s stock worth $1,433,000 after acquiring an additional 553 shares in the last quarter. Amalgamated Bank increased its position in shares of Carnival by 3.0% in the first quarter. Amalgamated Bank now owns 201,961 shares of the company’s stock worth $3,944,000 after acquiring an additional 5,799 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp increased its position in shares of Carnival by 2.9% in the first quarter. CHURCHILL MANAGEMENT Corp now owns 546,487 shares of the company’s stock worth $10,673,000 after acquiring an additional 15,368 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CCL. Tigress Financial lifted their target price on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Bank of America raised their price target on shares of Carnival from $31.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Truist Financial boosted their price objective on shares of Carnival from $27.00 to $31.00 and gave the company a “hold” rating in a research report on Monday, July 21st. Mizuho boosted their price objective on shares of Carnival from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday, September 25th. Finally, UBS Group set a $35.00 price objective on shares of Carnival and gave the company a “buy” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.00.

Insider Activity

In related news, Director Sir Jonathon Band sold 12,500 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total transaction of $371,875.00. Following the completion of the sale, the director directly owned 64,406 shares of the company’s stock, valued at approximately $1,916,078.50. This represents a 16.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.60% of the company’s stock.

Carnival Stock Performance

CCL stock opened at $27.88 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $32.55 billion, a price-to-earnings ratio of 14.52, a P/E/G ratio of 0.60 and a beta of 2.68. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $32.80. The firm has a 50 day moving average of $30.18 and a two-hundred day moving average of $26.70.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. The business had revenue of $8.15 billion during the quarter, compared to analysts’ expectations of $8.09 billion. Carnival had a net margin of 10.07% and a return on equity of 27.86%. Carnival’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.27 earnings per share. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. As a group, equities analysts anticipate that Carnival Corporation will post 1.77 EPS 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.