Sowell Financial Services LLC Acquires New Shares in Carnival Corporation $CCL

Sowell Financial Services LLC acquired a new stake in Carnival Corporation (NYSE:CCL) in the third quarter, HoldingsChannel.com reports. The fund acquired 29,210 shares of the company’s stock, valued at approximately $717,000.

Several other hedge funds have also added to or reduced their stakes in CCL. Dimensional Fund Advisors LP boosted its position in Carnival by 5.5% during the first quarter. Dimensional Fund Advisors LP now owns 15,904,029 shares of the company’s stock worth $411,372,000 after purchasing an additional 834,885 shares during the period. Amundi increased its holdings in shares of Carnival by 67.3% in the second quarter. Amundi now owns 6,770,304 shares of the company’s stock valued at $193,428,000 after purchasing an additional 2,723,171 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Carnival by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 5,608,651 shares of the company’s stock valued at $145,152,000 after purchasing an additional 278,758 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Carnival by 11.4% in the second quarter. Assenagon Asset Management S.A. now owns 4,687,038 shares of the company’s stock valued at $133,909,000 after purchasing an additional 480,097 shares during the period. Finally, Hound Partners LLC lifted its stake in shares of Carnival by 27.9% during the 1st quarter. Hound Partners LLC now owns 4,514,839 shares of the company’s stock worth $116,844,000 after buying an additional 985,772 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $32.00 target price on shares of Carnival in a report on Tuesday, September 22nd. Morgan Stanley upped their target price on Carnival from $31.00 to $32.50 and gave the company an “overweight” rating in a research report on Tuesday, September 29th. Tigress Financial restated a “buy” rating and issued a $42.00 price target on shares of Carnival in a research note on Tuesday, October 13th. BNP Paribas Exane lowered their price objective on Carnival from $33.00 to $31.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 30th. Finally, JPMorgan Chase & Co. dropped their target price on Carnival from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and an average price target of $34.14.

Carnival Stock Performance

NYSE CCL opened at $26.11 on Friday. The firm has a 50-day moving average price of $24.66 and a two-hundred day moving average price of $26.46. Carnival Corporation has a 12-month low of $21.45 and a 12-month high of $34.03. The company has a market capitalization of $35.10 billion, a P/E ratio of 11.40, a P/E/G ratio of 1.12 and a beta of 2.38. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 1.54.

Carnival (NYSE:CCL) last announced its earnings results on Tuesday, September 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.35 by $0.08. Carnival had a net margin of 11.37% and a return on equity of 24.83%. The company had revenue of $8.44 billion for the quarter, compared to analysts’ expectations of $8.39 billion. During the same period last year, the firm earned $1.43 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. Analysts anticipate that Carnival Corporation will post 2.26 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 6th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.60 annualized dividend and a yield of 2.3%. Carnival’s payout ratio is currently 26.20%.

Trending Headlines about Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Dividend reinstated: Carnival declared a quarterly dividend of $0.15 per share, or $0.60 annualized, representing an approximately 2.3% yield. The payment is scheduled for November 27 for shareholders of record on November 6. The resumption signals greater confidence in cash generation and gives income-focused investors a new reason to own CCL. Carnival Corporation Declares Dividend
• Positive Sentiment: Cash generation remains part of the investment case: Recent analysis focuses on Carnival’s cash position, alongside record revenue and net income, strong 2027 bookings and continued debt reduction. These factors could support additional balance-sheet improvement and capital returns over time. Should You Buy Carnival Stock For Its Cash?
• Neutral Sentiment: Premium offerings and pricing initiatives: Princess Cruises is expanding its Sanctuary Collection across five Royal Class ships, while Carnival is reportedly introducing dynamic pricing for some onboard amenities. Both initiatives could increase guest spending and improve revenue per passenger, but their effects on demand and customer satisfaction remain uncertain. Princess Cruises Expands Sanctuary Collection
• Negative Sentiment: Oil-price surge pressures margins: Crude oil reached a five-month high, weighing on cruise operators because fuel is one of their largest expenses. Carnival declined alongside Royal Caribbean and Norwegian, as investors priced in the risk of higher fuel costs reducing earnings and cash flow. Cruise Stocks Fall as Oil Price Hits Five-Month High

Carnival Profile

Carnival Corporation & plc (NYSE: CCL) is one of the world’s largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company’s brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.

Carnival’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.