Carnival Corporation $CCL Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its holdings in Carnival Corporation (NYSE:CCL) by 11.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 258,492 shares of the company’s stock after acquiring an additional 27,138 shares during the quarter. ProShare Advisors LLC’s holdings in Carnival were worth $7,894,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Carnival by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after acquiring an additional 368,445 shares during the period. State Street Corp increased its stake in Carnival by 4.1% in the 3rd quarter. State Street Corp now owns 47,369,740 shares of the company’s stock valued at $1,369,459,000 after buying an additional 1,845,850 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Carnival by 0.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 36,109,629 shares of the company’s stock valued at $1,043,929,000 after buying an additional 291,864 shares during the period. Causeway Capital Management LLC increased its stake in Carnival by 9.6% in the 3rd quarter. Causeway Capital Management LLC now owns 31,912,001 shares of the company’s stock valued at $922,576,000 after buying an additional 2,783,927 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Carnival by 50.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 14,510,016 shares of the company’s stock valued at $419,573,000 after buying an additional 4,883,024 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Carnival

In related news, Director Sir Jonathon Band sold 11,988 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total value of $313,965.72. Following the sale, the director directly owned 52,601 shares in the company, valued at $1,377,620.19. The trade was a 18.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have sold 12,000 shares of company stock valued at $314,265. 7.90% of the stock is owned by insiders.

Carnival Price Performance

Shares of NYSE CCL opened at $26.17 on Friday. The firm has a market capitalization of $32.42 billion, a P/E ratio of 11.63, a PEG ratio of 1.16 and a beta of 2.33. Carnival Corporation has a one year low of $21.62 and a one year high of $34.03. The company’s fifty day moving average is $26.06 and its two-hundred day moving average is $28.03. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30.

Carnival (NYSE:CCL) last issued its earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The company had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same period in the previous year, the firm earned $0.13 EPS. The business’s revenue was up 6.1% on a year-over-year basis. Analysts forecast that Carnival Corporation will post 2.21 EPS for the current fiscal year.

Carnival Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Monday, May 18th will be given a $0.15 dividend. The ex-dividend date is Monday, May 18th. This represents a $0.60 annualized dividend and a dividend yield of 2.3%. Carnival’s payout ratio is currently 26.67%.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Lower global oil prices are helping Carnival, since fuel is a major operating cost for cruise lines and cheaper oil can support margins. Why Carnival Stock Is Cruising Higher On Wednesday?
• Positive Sentiment: Zacks Research raised its FY2027 and FY2028 earnings estimates for Carnival, signaling modestly better long-term profit expectations even though the firm kept a Hold rating.
• Positive Sentiment: Carnival announced its first surplus meal donation in Latin America, expanding its “Less Left Over” food-waste reduction program to 18 port destinations worldwide. This supports the company’s sustainability profile and community relations. Carnival Corporation Marks First Meal Donation in Latin America
• Neutral Sentiment: Holland America Line opened bookings for its 2028 Grand Voyages, which adds visibility to future demand but is not an immediate financial catalyst. Holland America Line Opens Bookings for 2028 Grand Voyages
• Negative Sentiment: Broader market selling in consumer discretionary stocks, driven by inflation worries and concerns about slowing demand, is weighing on Carnival and other travel names. Carnival and United Airlines Shares Plummet, What You Need To Know

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Morgan Stanley raised shares of Carnival from an “equal weight” rating to an “overweight” rating and dropped their price objective for the company from $33.00 to $31.00 in a research note on Thursday, March 19th. The Goldman Sachs Group dropped their price objective on shares of Carnival from $34.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. William Blair reissued an “outperform” rating on shares of Carnival in a research note on Tuesday, March 3rd. Stifel Nicolaus dropped their price objective on shares of Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Finally, Zacks Research raised shares of Carnival from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Nineteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.18.

About Carnival

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.