Carnival Corporation $CCL Shares Bought by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. grew its stake in Carnival Corporation (NYSE:CCL) by 575.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 23,725 shares of the company’s stock after buying an additional 20,215 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Carnival were worth $678,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in CCL. Commerzbank Aktiengesellschaft FI increased its stake in shares of Carnival by 3.5% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock worth $322,000 after buying an additional 358 shares during the period. StoneX Group Inc. lifted its stake in Carnival by 4.9% in the fourth quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock worth $242,000 after acquiring an additional 368 shares during the last quarter. Brooklyn Investment Group lifted its stake in Carnival by 1.9% in the third quarter. Brooklyn Investment Group now owns 21,363 shares of the company’s stock worth $618,000 after acquiring an additional 396 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Carnival by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 33,540 shares of the company’s stock worth $1,024,000 after acquiring an additional 408 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its holdings in Carnival by 3.9% during the 4th quarter. Orion Porfolio Solutions LLC now owns 11,816 shares of the company’s stock worth $361,000 after acquiring an additional 446 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CCL has been the topic of a number of analyst reports. Wells Fargo & Company raised their price objective on shares of Carnival from $36.00 to $38.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Truist Financial boosted their target price on shares of Carnival from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Loop Capital assumed coverage on Carnival in a report on Monday, June 1st. They issued a “buy” rating and a $36.00 target price on the stock. Melius Research set a $36.00 price target on Carnival in a research note on Wednesday, June 17th. Finally, Argus set a $35.00 price target on Carnival in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $35.08.

Insider Transactions at Carnival

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the transaction, the insider owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. This trade represents a 38.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.90% of the stock is owned by corporate insiders.

Carnival Stock Performance

Shares of Carnival stock opened at $28.40 on Friday. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80. Carnival Corporation has a 52 week low of $23.45 and a 52 week high of $34.03. The firm’s 50 day moving average is $27.96 and its two-hundred day moving average is $27.86. The firm has a market capitalization of $38.90 billion, a P/E ratio of 12.79, a P/E/G ratio of 1.22 and a beta of 2.35.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The business had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.69 billion. During the same quarter in the previous year, the firm earned $0.35 EPS. The company’s revenue was up 5.3% compared to the same quarter last year. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. Research analysts forecast that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, August 7th. Carnival’s dividend payout ratio is currently 27.03%.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.