HUB Investment Partners LLC Has $2.34 Million Stock Holdings in Carnival Corporation $CCL

HUB Investment Partners LLC grew its position in Carnival Corporation (NYSE:CCL) by 160.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,875 shares of the company’s stock after purchasing an additional 50,470 shares during the quarter. HUB Investment Partners LLC’s holdings in Carnival were worth $2,339,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Commerzbank Aktiengesellschaft FI grew its position in shares of Carnival by 3.5% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock valued at $322,000 after purchasing an additional 358 shares during the last quarter. StoneX Group Inc. boosted its stake in Carnival by 4.9% during the 4th quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock valued at $242,000 after purchasing an additional 368 shares during the period. Brooklyn Investment Group increased its position in Carnival by 1.9% in the 3rd quarter. Brooklyn Investment Group now owns 21,363 shares of the company’s stock worth $618,000 after buying an additional 396 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Carnival by 1.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 33,540 shares of the company’s stock worth $1,024,000 after buying an additional 408 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in shares of Carnival by 3.9% in the fourth quarter. Orion Porfolio Solutions LLC now owns 11,816 shares of the company’s stock valued at $361,000 after acquiring an additional 446 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CCL shares. BMO Capital Markets initiated coverage on shares of Carnival in a research report on Tuesday, July 7th. They set a “market perform” rating and a $30.00 target price on the stock. Tigress Financial increased their target price on shares of Carnival from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. TD Cowen upped 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. Argus set a $35.00 price objective on Carnival in a report on Friday, June 26th. Finally, Susquehanna raised their target price on Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a research report on Wednesday, June 24th. One 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. Based on data from MarketBeat.com, Carnival has an average rating of “Moderate Buy” and a consensus price target of $35.08.

Insider Activity

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the sale, the insider directly owned 69,238 shares of the company’s stock, valued at $1,945,587.80. This represents a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 7.90% of the company’s stock.

Carnival Price Performance

Carnival stock opened at $28.14 on Friday. The business’s fifty day moving average is $27.98 and its two-hundred day moving average is $27.86. 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 firm has a market cap of $38.54 billion, a P/E ratio of 12.67, a P/E/G ratio of 1.25 and a beta of 2.35. Carnival Corporation has a 52 week low of $23.45 and a 52 week high of $34.03.

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

Carnival Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.1%. Carnival’s payout ratio is currently 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.