Troluce Capital Advisors LLC Buys Shares of 92,400 Carnival Corporation $CCL

Troluce Capital Advisors LLC bought a new position in Carnival Corporation (NYSE:CCL) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 92,400 shares of the company’s stock, valued at approximately $2,391,000.

Several other large investors have also added to or reduced their stakes in CCL. BOCHK Asset Management Ltd purchased a new position in Carnival during the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Carnival in the third quarter worth approximately $25,000. Lloyd Advisory Services LLC. purchased a new position in Carnival in the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. lifted its stake in shares of Carnival by 381.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after acquiring an additional 762 shares during the last quarter. Finally, Optima Capital LLC bought a new stake in Carnival in the fourth quarter valued at approximately $32,000. Institutional investors own 67.19% of the company’s stock.

Carnival Trading Up 0.1%

Shares of CCL opened at $26.36 on Monday. The firm has a market cap of $36.10 billion, a P/E ratio of 11.87, a price-to-earnings-growth ratio of 1.16 and a beta of 2.32. Carnival Corporation has a 1 year low of $23.45 and a 1 year high of $34.03. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29. The company has a 50 day simple moving average of $27.52 and a two-hundred day simple moving average of $28.04.

Carnival (NYSE:CCL) last released its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The business’s revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. 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 expect that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. Carnival’s dividend payout ratio is presently 27.03%.

Insiders Place Their Bets

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of Carnival stock in a transaction that occurred on 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 owned 69,238 shares of the company’s stock, valued at $1,945,587.80. The trade was a 38.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 7.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group dropped their target price on shares of Carnival from $38.00 to $35.00 and set a “buy” rating for the company in a report on Monday, April 13th. Weiss Ratings cut shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Truist Financial lifted their price target on Carnival from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday. HSBC upgraded Carnival from a “hold” rating to a “buy” rating and decreased their price target for the stock from $33.60 to $30.10 in a research note on Monday, March 30th. Finally, Susquehanna raised their price target on Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Carnival presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.08.

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.