Carnival Corporation $CCL Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC lowered its holdings in Carnival Corporation (NYSE:CCL) by 7.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 573,950 shares of the company’s stock after selling 47,648 shares during the quarter. Calamos Advisors LLC’s holdings in Carnival were worth $14,085,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in Carnival by 330.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,827,261 shares of the company’s stock worth $109,345,000 after purchasing an additional 2,938,650 shares during the period. Amundi raised its holdings in shares of Carnival by 67.3% in the 2nd quarter. Amundi now owns 6,770,304 shares of the company’s stock worth $193,428,000 after buying an additional 2,723,171 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Carnival by 3,458.1% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,527,262 shares of the company’s stock worth $39,526,000 after buying an additional 1,484,338 shares in the last quarter. Hound Partners LLC raised its holdings in shares of Carnival by 27.9% in the 1st quarter. Hound Partners LLC now owns 4,514,839 shares of the company’s stock worth $116,844,000 after buying an additional 985,772 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Carnival by 5.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 15,904,029 shares of the company’s stock worth $411,372,000 after buying an additional 834,885 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on CCL shares. Wells Fargo & Company decreased their price target on Carnival from $36.00 to $34.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. UBS Group reiterated a “buy” rating and set a $36.00 price objective on shares of Carnival in a research note on Wednesday, September 30th. Truist Financial lifted their price objective on Carnival from $29.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft set a $32.00 target price on shares of Carnival in a research note on Tuesday, September 22nd. Finally, Citigroup lowered their target price on shares of Carnival from $37.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $34.16.

Carnival Trading Up 0.1%

CCL stock opened at $29.62 on Friday. The business has a fifty day moving average price of $25.28 and a 200 day moving average price of $27.13. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.27 and a quick ratio of 0.23. Carnival Corporation has a fifty-two week low of $21.45 and a fifty-two week high of $34.03. The stock has a market capitalization of $39.83 billion, a price-to-earnings ratio of 12.93, a P/E/G ratio of 1.26 and a beta of 2.48.

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

Carnival Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 6th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, November 6th. Carnival’s payout ratio is currently 26.20%.

Insiders Place Their Bets

In other news, Director Helen Deeble sold 25,000 shares of the company’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $27.75, for a total transaction of $693,750.00. Following the transaction, the director owned 63,505 shares of the company’s stock, valued at $1,762,263.75. This represents a 28.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 7.90% of the stock is owned by company insiders.

Carnival Company Profile

Carnival Corporation & plc is a global cruise company that operates cruise lines and provides ship-based vacations. Its brands include Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, AIDA Cruises, Costa Cruises, and P&O Cruises.

The company’s offerings include cruise itineraries, onboard accommodations, dining and entertainment, as well as shore excursions and other guest experiences. Its ships serve destinations across regions including the Caribbean, Europe, Alaska, Australia and Asia.

The business traces its roots to Carnival Cruise Line, founded by Ted Arison in 1972.