Brighton Jones LLC Buys New Stake in Carnival Corporation $CCL

Brighton Jones LLC purchased a new position in shares of Carnival Corporation (NYSE:CCL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,793 shares of the company’s stock, valued at approximately $332,000.

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

Carnival Price Performance

Shares of NYSE:CCL opened at $28.30 on Friday. The firm has a market capitalization of $33.04 billion, a price-to-earnings ratio of 14.74, a price-to-earnings-growth ratio of 0.57 and a beta of 2.68. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30. The business’s 50 day simple moving average is $30.13 and its 200-day simple moving average is $26.78. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $32.80.

Carnival (NYSE:CCL) last posted its earnings results on Monday, September 29th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The company had revenue of $8.15 billion for the quarter, compared to the consensus estimate of $8.09 billion. During the same period in the previous year, the business earned $1.27 earnings per share. Carnival’s quarterly revenue was up 3.3% compared to the same quarter last year. 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 forecast that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 12,500 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 64,406 shares of the company’s stock, valued at $1,916,078.50. This trade represents a 16.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CCL shares. Zacks Research raised Carnival from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Susquehanna boosted their price target on Carnival from $30.00 to $35.00 and gave the company a “positive” rating in a research report on Tuesday, September 30th. TD Cowen initiated coverage on Carnival in a research report on Tuesday, July 22nd. They set a “buy” rating and a $36.00 price objective for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Carnival in a report on Wednesday, October 8th. Finally, Tigress Financial upped their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $33.00.

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.