19,315 Shares in Carnival Corporation $CCL Purchased by Sciencast Management LP

Sciencast Management LP bought a new position in Carnival Corporation (NYSE:CCL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,315 shares of the company’s stock, valued at approximately $552,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CCL. Vanguard Group Inc. grew its holdings in shares of Carnival by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after purchasing an additional 368,445 shares during the last quarter. State Street Corp lifted its holdings in shares of Carnival by 1.5% in the 4th quarter. State Street Corp now owns 48,074,173 shares of the company’s stock worth $1,468,185,000 after purchasing an additional 704,433 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Carnival by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 29,450,412 shares of the company’s stock worth $896,104,000 after purchasing an additional 683,311 shares during the last quarter. Nuveen LLC boosted its position in Carnival by 1.4% during the 4th quarter. Nuveen LLC now owns 26,729,524 shares of the company’s stock valued at $816,320,000 after purchasing an additional 364,529 shares during the period. Finally, Auto Owners Insurance Co boosted its position in Carnival by 2,954.0% during the 4th quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock valued at $60,625,000 after purchasing an additional 19,201,000 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Tigress Financial upped their price objective on Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Citigroup raised their target price on Carnival from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Sanford C. Bernstein downgraded shares of Carnival from a “market perform” rating to a “market perform” rating in a report on Tuesday, June 23rd. Stifel Nicolaus upped their price target on shares of Carnival from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Finally, Wells Fargo & Company increased their price objective on shares of Carnival from $36.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. One 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. Based on data from MarketBeat, Carnival currently has an average rating of “Moderate Buy” and an average target price of $35.08.

Carnival Stock Performance

Shares of NYSE CCL opened at $28.40 on Friday. Carnival Corporation has a 12-month low of $23.45 and a 12-month high of $34.03. The company has a market cap of $38.90 billion, a PE ratio of 12.79, a P/E/G ratio of 1.22 and a beta of 2.35. The stock has a 50 day simple moving average of $27.96 and a 200-day simple moving average of $27.86. The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 1.80.

Carnival (NYSE:CCL) last posted its earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period last 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 research analysts forecast that Carnival Corporation will post 2.23 EPS for the current year.

Carnival Announces Dividend

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

Insider Activity at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction on 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 directly 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 Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 7.90% of the company’s stock.

Carnival 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.