Intech Investment Management LLC Purchases 134,246 Shares of Carnival Corporation $CCL

Intech Investment Management LLC lifted its position in shares of Carnival Corporation (NYSE:CCL) by 235.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,238 shares of the company’s stock after acquiring an additional 134,246 shares during the period. Intech Investment Management LLC’s holdings in Carnival were worth $5,529,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CCL. US Bancorp DE increased its holdings in shares of Carnival by 19.8% in the 3rd quarter. US Bancorp DE now owns 49,159 shares of the company’s stock worth $1,421,000 after purchasing an additional 8,110 shares in the last quarter. Affinity Investment Advisors LLC increased its holdings in Carnival by 8.0% in the 3rd quarter. Affinity Investment Advisors LLC now owns 8,786 shares of the company’s stock worth $254,000 after buying an additional 654 shares in the last quarter. Mufg Securities Americas Inc. raised its position in Carnival by 25.8% in the 3rd quarter. Mufg Securities Americas Inc. now owns 29,277 shares of the company’s stock worth $846,000 after buying an additional 6,007 shares during the last quarter. Compound Planning Inc. lifted its stake in Carnival by 17.3% during the 3rd quarter. Compound Planning Inc. now owns 23,914 shares of the company’s stock valued at $691,000 after acquiring an additional 3,519 shares during the period. Finally, Dana Investment Advisors Inc. purchased a new stake in shares of Carnival during the 3rd quarter valued at about $12,148,000. 67.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

CCL has been the subject of several research reports. Truist Financial boosted their price objective on shares of Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. TD Cowen reaffirmed a “buy” rating on shares of Carnival in a research report on Tuesday, January 13th. Citigroup increased their price target on Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Wolfe Research restated an “outperform” rating on shares of Carnival in a research note on Friday, December 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a research report on Friday, December 26th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $35.00.

Carnival Price Performance

NYSE CCL opened at $31.58 on Friday. The business’s fifty day moving average is $31.10 and its 200 day moving average is $29.58. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The company has a market capitalization of $39.05 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 1.15 and a beta of 2.49.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The firm had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.38 billion. During the same quarter last year, the company earned $0.14 earnings per share. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. Sell-side analysts predict that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 1.9%. Carnival’s payout ratio is currently 30.00%.

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.