Sowell Financial Services LLC Makes New $717,000 Investment in Carnival Corporation $CCL

Sowell Financial Services LLC acquired a new stake in shares of Carnival Corporation (NYSE:CCL) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 29,210 shares of the company’s stock, valued at approximately $717,000.

Several other large investors have also recently bought and sold shares of the company. Evergreen Capital Management LLC increased its stake in Carnival by 67.2% in the third quarter. Evergreen Capital Management LLC now owns 26,274 shares of the company’s stock valued at $645,000 after acquiring an additional 10,564 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its stake in shares of Carnival by 353.7% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 6,946 shares of the company’s stock valued at $170,000 after purchasing an additional 5,415 shares in the last quarter. Sterling Capital Management LLC raised its position in shares of Carnival by 10.1% in the 3rd quarter. Sterling Capital Management LLC now owns 79,488 shares of the company’s stock worth $1,951,000 after acquiring an additional 7,272 shares in the last quarter. Washington Trust Advisors Inc. grew its position in shares of Carnival by 378.4% in the 3rd quarter. Washington Trust Advisors Inc. now owns 1,440 shares of the company’s stock worth $35,000 after buying an additional 1,139 shares during the period. Finally, Yousif Capital Management LLC boosted its position in shares of Carnival by 28.3% in the 3rd quarter. Yousif Capital Management LLC now owns 152,017 shares of the company’s stock worth $3,730,000 after purchasing an additional 33,493 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CCL shares. Barclays dropped their price target on Carnival from $35.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 16th. TD Cowen lowered their price target on Carnival from $34.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. BNP Paribas Exane decreased their price target on shares of Carnival from $33.00 to $31.00 and set an “outperform” rating for the company in a research note on Wednesday, September 30th. Wells Fargo & Company dropped their price objective on Carnival from $36.00 to $34.00 and set an “overweight” rating on the stock in a research report on Thursday, October 1st. Finally, Tigress Financial reaffirmed a “buy” rating and issued a $42.00 price target on shares of Carnival in a report on Tuesday, October 13th. One research 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 MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.14.

Insiders Place Their Bets

In other news, Director Helen Deeble sold 25,000 shares of the company’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $27.75, for a total value of $693,750.00. Following the sale, the director directly owned 63,505 shares in the company, valued at $1,762,263.75. This represents a 28.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 7.90% of the company’s stock.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Dividend reinforces shareholder-return story: Carnival’s board declared a quarterly dividend of $0.15 per share. The announcement has renewed investor interest, particularly because shares have rallied 26.7% over the past month while still showing a year-to-date decline, suggesting potential recovery room. Carnival Could Be 25% Undervalued Following Its Fresh Dividend Declaration
• Positive Sentiment: Positive read-through from cruise peers: Norwegian Cruise Line’s stronger-than-expected results and improved full-year outlook lifted the broader cruise group, while Royal Caribbean also advanced. The results suggest resilient travel demand and improving operating trends across the industry, benefiting Carnival by association. Norwegian Surges as Earnings Beat Lifts Full-Year Outlook
• Positive Sentiment: Fleet investment supports guest experience: Princess Cruises, Carnival’s brand, completed a two-week drydock renovation of Royal Princess, adding a Sanctuary Collection and upgrading dining, entertainment, casino and retail areas. These enhancements could support pricing, customer satisfaction and onboard revenue over time. Royal Princess Emerges from Drydock with New Sanctuary Collection
• Neutral Sentiment: Fuel management remains a key swing factor: Carnival’s strategy emphasizes reducing fuel consumption, while competitors rely more heavily on hedging. Lower consumption could protect margins if fuel prices remain elevated, but the issue remains an important source of operating-cost uncertainty. Cruise Companies Aim to Keep Fuel Costs Down
• Negative Sentiment: Director’s stock sale adds a cautionary signal: Director Helen Deeble sold 25,000 Carnival shares for approximately $693,750, reducing her direct ownership by 28.25%. While the transaction does not change Carnival’s fundamentals, insider selling can weigh on sentiment, particularly after the recent share-price rebound. Carnival Director Form 4 Filing

Carnival Price Performance

NYSE CCL opened at $28.83 on Monday. Carnival Corporation has a 52 week low of $21.45 and a 52 week high of $34.03. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 1.54. The firm has a market cap of $38.77 billion, a PE ratio of 12.59, a P/E/G ratio of 1.23 and a beta of 2.48. The business’s fifty day simple moving average is $24.85 and its 200-day simple moving average is $27.12.

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

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 6th will be paid a $0.15 dividend. The ex-dividend date is Friday, November 6th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. Carnival’s dividend payout ratio (DPR) is 26.20%.

Carnival Company 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.