Fielder Capital Group LLC Has $344,000 Holdings in Carnival Corporation $CCL

Fielder Capital Group LLC cut its position in shares of Carnival Corporation (NYSE:CCL) by 4.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 12,237 shares of the company’s stock after selling 606 shares during the quarter. Fielder Capital Group LLC’s holdings in Carnival were worth $344,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of Carnival during the second quarter worth $28,000. N.E.W. Advisory Services LLC acquired a new stake in Carnival in the first quarter worth $25,000. Graybill Wealth Management LTD. acquired a new stake in Carnival in the first quarter worth $26,000. Zions Bancorporation National Association UT acquired a new stake in Carnival in the first quarter worth $35,000. Finally, Wealthquest Corp acquired a new stake in Carnival in the first quarter worth $36,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Stock Down 0.1%

Carnival stock opened at $29.40 on Friday. Carnival Corporation has a 1-year low of $15.07 and a 1-year high of $32.80. The firm has a market capitalization of $34.32 billion, a price-to-earnings ratio of 15.31, a price-to-earnings-growth ratio of 0.60 and a beta of 2.68. The firm’s fifty day moving average price is $30.22 and its two-hundred day moving average price is $26.44. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10.

Carnival (NYSE:CCL) last released its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.11. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The company had revenue of $8.15 billion for the quarter, compared to analyst estimates of $8.09 billion. During the same period last year, the firm earned $1.27 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. On average, equities research analysts predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Insider Buying and Selling at Carnival

In related news, Director Sir Jonathon Band sold 12,500 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total transaction of $371,875.00. Following the transaction, the director directly owned 64,406 shares of the company’s stock, valued at $1,916,078.50. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on CCL. Barclays raised their price target on shares of Carnival from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, September 17th. Mizuho raised their price target on shares of Carnival from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, September 25th. Morgan Stanley raised their price target on shares of Carnival from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 1st. TD Cowen started coverage on shares of Carnival in a research note on Tuesday, July 22nd. They issued a “buy” rating and a $36.00 price objective on the stock. Finally, JPMorgan Chase & Co. raised their price objective on shares of Carnival from $34.00 to $39.00 and gave the company an “overweight” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.00.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.