IFM Investors Pty Ltd Purchases 18,152 Shares of Carnival Corporation $CCL

IFM Investors Pty Ltd boosted its position in Carnival Corporation (NYSE:CCL) by 9.3% in the first quarter, Holdings Channel.com reports. The firm owned 213,895 shares of the company’s stock after purchasing an additional 18,152 shares during the quarter. IFM Investors Pty Ltd’s holdings in Carnival were worth $5,536,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Carnival by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock worth $2,191,000 after purchasing an additional 5,435 shares during the last quarter. Great Lakes Advisors LLC bought a new position in Carnival in the 1st quarter valued at approximately $228,000. Empowered Funds LLC raised its holdings in Carnival by 61.6% in the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after buying an additional 11,601 shares during the last quarter. Woodline Partners LP boosted its position in Carnival by 41.9% during the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after buying an additional 26,141 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in Carnival by 57.0% during the 2nd quarter. Baird Financial Group Inc. now owns 64,720 shares of the company’s stock worth $1,820,000 after acquiring an additional 23,484 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

Carnival Stock Performance

NYSE:CCL opened at $27.95 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.29 and a current ratio of 0.33. Carnival Corporation has a fifty-two week low of $23.45 and a fifty-two week high of $34.03. The company has a 50 day simple moving average of $27.41 and a two-hundred day simple moving average of $28.47. The company has a market capitalization of $38.29 billion, a PE ratio of 12.59, a P/E/G ratio of 1.23 and a beta of 2.32.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $6.66 billion for the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 EPS. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. Research analysts anticipate that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, May 18th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. Carnival’s payout ratio is currently 27.03%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. TD Cowen boosted their price objective on shares of Carnival from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. UBS Group decreased their price objective on Carnival from $38.00 to $35.00 and set a “buy” rating for the company in a report on Monday, April 13th. The Goldman Sachs Group decreased their price objective on Carnival from $34.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Finally, Mizuho lifted their target price on Carnival from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $35.23.

Insider Activity at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was 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 represents a 38.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.90% of the stock is currently owned by corporate insiders.

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.