Carnival Corporation $CCL Shares Purchased by Tabor Asset Management LP

Tabor Asset Management LP grew its holdings in shares of Carnival Corporation (NYSE:CCL) by 22.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 250,381 shares of the company’s stock after purchasing an additional 45,586 shares during the period. Carnival makes up about 4.8% of Tabor Asset Management LP’s holdings, making the stock its 3rd biggest position. Tabor Asset Management LP’s holdings in Carnival were worth $7,041,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CCL. N.E.W. Advisory Services LLC purchased a new stake in shares of Carnival in the first quarter valued at approximately $25,000. Graybill Wealth Management LTD. acquired a new stake in Carnival in the first quarter valued at $26,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Carnival during the 2nd quarter worth $28,000. Banque Transatlantique SA acquired a new position in shares of Carnival during the 1st quarter worth $33,000. Finally, Zions Bancorporation National Association UT purchased a new position in shares of Carnival in the 1st quarter valued at about $35,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Stifel Nicolaus boosted their price objective on shares of Carnival from $34.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Susquehanna boosted their price target on Carnival from $30.00 to $35.00 and gave the stock a “positive” rating in a research note on Tuesday, September 30th. Barclays raised their price objective on Carnival from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. boosted their target price on Carnival from $34.00 to $39.00 and gave the stock an “overweight” rating in a research report on Monday, September 15th. Finally, TD Cowen began coverage on Carnival in a research report on Tuesday, July 22nd. They issued a “buy” rating and a $36.00 price target for the company. One equities research 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $33.00.

Carnival Price Performance

Shares of NYSE:CCL opened at $26.74 on Friday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.34. The business’s fifty day moving average price is $29.58 and its two-hundred day moving average price is $27.17. The stock has a market cap of $31.21 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 0.57 and a beta of 2.67. Carnival Corporation has a one year low of $15.07 and a one year high of $32.80.

Carnival (NYSE:CCL) last released its quarterly earnings results 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 company had revenue of $8.15 billion during the quarter, compared to analysts’ expectations of $8.09 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. On average, analysts forecast that Carnival Corporation will post 1.77 EPS for the current fiscal year.

About Carnival

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.