Infusive Asset Management Inc. Sells 62,068 Shares of Carnival Corporation $CCL

Infusive Asset Management Inc. decreased its stake in Carnival Corporation (NYSE:CCL) by 46.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,500 shares of the company’s stock after selling 62,068 shares during the quarter. Infusive Asset Management Inc.’s holdings in Carnival were worth $1,876,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. BOCHK Asset Management Ltd purchased a new position in shares of Carnival during the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Carnival in the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. purchased a new stake in Carnival in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. raised its stake in Carnival by 381.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock worth $29,000 after acquiring an additional 762 shares during the period. Finally, Optima Capital LLC purchased a new position in Carnival during the fourth quarter valued at approximately $32,000. Institutional investors own 67.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CCL. Wells Fargo & Company upped their price target on shares of Carnival from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Barclays decreased their price objective on shares of Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 24th. BMO Capital Markets started coverage on shares of Carnival in a research note on Tuesday, July 7th. They set a “market perform” rating and a $30.00 target price on the stock. HSBC raised shares of Carnival from a “hold” rating to a “buy” rating and dropped their target price for the stock from $33.60 to $30.10 in a report on Monday, March 30th. Finally, TD Cowen raised their price target on Carnival from $33.00 to $34.00 and gave the company a “buy” rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.08.

Insider Activity

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $28.10, for a total value of $1,209,929.80. Following the sale, the insider directly owned 69,238 shares in the company, valued at approximately $1,945,587.80. The trade was a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.90% of the company’s stock.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival unveiled Carnival Destiny, the first ship in its new Ace Class fleet, giving the company a fresh platform to showcase new ship design, guest experiences, and itineraries tied to the Caribbean, Bahamas, and Mexico. Carnival (CCL) Unveils Ace Class Debut With Carnival Destiny
• Positive Sentiment: Truist raised its price target on Carnival to $31 from $29, signaling continued analyst confidence in the stock’s upside potential even while keeping a hold rating. Truist price target update on Carnival
• Positive Sentiment: Commentary from analysts and recent coverage pointed to strong bookings, improved balance-sheet health, and fuel-efficiency gains as reasons the company could remain resilient despite macro and geopolitical headwinds. Carnival: Fuel/Demand Risks Depress Near-Term Recovery Prospects; Contrarian Buy
• Neutral Sentiment: Recent articles framed Carnival as still working through a post-earnings pullback, with questions about whether the stock can rebound after falling since its last report. Carnival (CCL) Down 9.7% Since Last Earnings Report: Can It Rebound?
• Negative Sentiment: Investors continue to weigh fuel and demand risks that could pressure near-term recovery prospects, even though those concerns may already be reflected in guidance and valuation. Carnival: Fuel/Demand Risks Depress Near-Term Recovery Prospects; Contrarian Buy

Carnival Price Performance

CCL stock opened at $25.32 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.29 and a current ratio of 0.33. The company’s fifty day moving average price is $27.48 and its 200-day moving average price is $28.08. Carnival Corporation has a one year low of $23.45 and a one year high of $34.03. The company has a market capitalization of $34.68 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 1.15 and a beta of 2.32.

Carnival (NYSE:CCL) last posted its earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The company had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. Carnival’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period last year, the company posted $0.35 earnings per share. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. On average, equities analysts anticipate that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, August 7th. Carnival’s payout ratio is 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.