25,615 Shares in Carnival Corporation $CCL Purchased by Bull Harbor Capital LLC

Bull Harbor Capital LLC bought a new stake in shares of Carnival Corporation (NYSE:CCL) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 25,615 shares of the company’s stock, valued at approximately $663,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Swedbank AB increased its position in shares of Carnival by 10.0% in the 4th quarter. Swedbank AB now owns 519,939 shares of the company’s stock valued at $15,879,000 after acquiring an additional 47,070 shares during the period. Vanguard Group Inc. grew its stake in Carnival by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after purchasing an additional 368,445 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Carnival by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,252,014 shares of the company’s stock valued at $69,632,000 after purchasing an additional 109,474 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Carnival by 95.9% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 889,393 shares of the company’s stock valued at $23,017,000 after purchasing an additional 435,470 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Carnival by 10.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 654,946 shares of the company’s stock worth $20,002,000 after purchasing an additional 59,383 shares during the last quarter. 67.19% of the stock is owned by institutional investors.

Carnival Price Performance

NYSE:CCL opened at $27.79 on Friday. Carnival Corporation has a 52 week low of $23.45 and a 52 week high of $34.03. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $38.06 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 1.23 and a beta of 2.32. The stock’s 50-day moving average price is $27.72 and its 200-day moving average price is $27.92.

Carnival (NYSE:CCL) last released its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, topping 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 analysts’ expectations of $6.69 billion. During the same quarter in the prior year, the firm posted $0.35 EPS. Carnival’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. As a group, equities analysts expect that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.2%. Carnival’s dividend payout ratio is currently 27.03%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Argus set a $35.00 target price on Carnival in a research report on Friday, June 26th. Tigress Financial boosted their target price on shares of Carnival from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Susquehanna raised their target price on Carnival from $30.00 to $33.00 and gave the stock a “positive” rating in a report on Wednesday, June 24th. Truist Financial boosted their price target on Carnival from $29.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. Finally, Barclays lowered their price objective on Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and an average target price of $35.08.

Insider Transactions at Carnival

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction 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 transaction, the insider directly owned 69,238 shares of the company’s stock, valued at $1,945,587.80. This trade represents a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.90% of the stock is currently owned by insiders.

About Carnival

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.