Carnival Corporation $CCL Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC boosted its position in Carnival Corporation (NYSE:CCL) by 17.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 206,213 shares of the company’s stock after buying an additional 30,482 shares during the period. NEOS Investment Management LLC’s holdings in Carnival were worth $5,892,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of CCL. Auto Owners Insurance Co raised its stake in shares of 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 buying an additional 19,201,000 shares during the last quarter. Viking Global Investors LP purchased a new stake in shares of Carnival in the fourth quarter worth about $429,448,000. Pacer Advisors Inc. boosted its stake in shares of Carnival by 2,432.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock worth $204,311,000 after buying an additional 6,425,822 shares during the last quarter. Wellington Management Group LLP grew its holdings in Carnival by 99.6% during the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock worth $351,535,000 after acquiring an additional 6,066,336 shares during the period. Finally, Victory Capital Management Inc. raised its position in Carnival by 1,619.1% during the fourth quarter. Victory Capital Management Inc. now owns 5,132,270 shares of the company’s stock valued at $156,740,000 after acquiring an additional 4,833,723 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Stock Up 0.0%

Shares of CCL opened at $23.52 on Monday. 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 Corporation has a 12 month low of $23.08 and a 12 month high of $34.03. The stock’s 50 day moving average is $26.81 and its two-hundred day moving average is $27.17. The firm has a market cap of $32.21 billion, a P/E ratio of 10.59, a PEG ratio of 1.02 and a beta of 2.31.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $6.66 billion during 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 business’s revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Analysts predict that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, August 7th. Carnival’s payout ratio is presently 27.03%.

Analysts Set New Price Targets

CCL has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on Carnival from $35.00 to $36.00 and gave the company a “buy” rating in a report on Friday, June 12th. Susquehanna lifted their target price on shares of Carnival from $30.00 to $33.00 and gave the company a “positive” rating in a report on Wednesday, June 24th. Barclays decreased their target price on shares of Carnival from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, June 24th. Tigress Financial increased their price target on shares of Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Finally, Argus set a $35.00 price target on shares of Carnival in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $35.08.

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.