33,493 Carnival Corporation $CCL Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its stake in shares of Carnival Corporation (NYSE:CCL) by 28.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 152,017 shares of the company’s stock after buying an additional 33,493 shares during the period. Yousif Capital Management LLC’s holdings in Carnival were worth $3,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CCL. Manning & Napier Advisors LLC purchased a new stake in shares of Carnival in the second quarter valued at $25,000. Axiom Investment Management LLC bought a new stake in shares of Carnival in the 2nd quarter worth about $29,000. Ancora Advisors LLC purchased a new position in shares of Carnival during the 2nd quarter worth about $29,000. Basecamp Wealth Advisors LLC boosted its stake in shares of Carnival by 107.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock worth $27,000 after purchasing an additional 542 shares during the period. Finally, Physician Wealth Advisors Inc. grew its holdings in Carnival by 116.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,093 shares of the company’s stock valued at $27,000 after purchasing an additional 589 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Trading Up 2.7%

NYSE CCL opened at $26.82 on Tuesday. The company’s 50-day moving average price is $24.75 and its 200-day moving average price is $27.22. The company has a current ratio of 0.27, a quick ratio of 0.23 and a debt-to-equity ratio of 1.54. The stock has a market cap of $36.07 billion, a PE ratio of 10.97, a PEG ratio of 1.12 and a beta of 2.38. Carnival Corporation has a 12 month low of $21.45 and a 12 month high of $34.03.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Tuesday, September 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.35 by $0.08. The company had revenue of $8.44 billion for the quarter, compared to the consensus estimate of $8.39 billion. Carnival had a net margin of 11.37% and a return on equity of 24.83%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.43 EPS. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. Equities research analysts forecast that Carnival Corporation will post 2.26 earnings per share for the current year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, November 6th. Carnival’s payout ratio is currently 26.20%.

Analysts Set New Price Targets

CCL has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Carnival from $43.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, September 24th. Susquehanna decreased their price objective on shares of Carnival from $33.00 to $28.00 and set a “positive” rating for the company in a research note on Wednesday, September 30th. TD Cowen dropped their target price on Carnival from $34.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. BMO Capital Markets assumed coverage on Carnival in a research note on Tuesday, July 7th. They set a “market perform” rating and a $30.00 target price on the stock. Finally, Wells Fargo & Company reduced their price target on Carnival from $36.00 to $34.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.14.

About Carnival

Carnival Corporation & plc (NYSE: CCL) is one of the world’s largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company’s brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.

Carnival’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.