Edmond DE Rothschild Holding S.A. Sells 14,276 Shares of Carnival Corporation $CCL

Edmond DE Rothschild Holding S.A. trimmed its position in shares of Carnival Corporation (NYSE:CCL) by 25.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,910 shares of the company’s stock after selling 14,276 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Carnival were worth $1,179,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. REAP Financial Group LLC raised its stake in shares of Carnival by 10.5% during the second quarter. REAP Financial Group LLC now owns 3,678 shares of the company’s stock worth $103,000 after acquiring an additional 349 shares in the last quarter. Eagle Wealth Strategies LLC grew its holdings in shares of Carnival by 1.4% during the 2nd quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company’s stock valued at $730,000 after purchasing an additional 369 shares during the last quarter. 1834 Investment Advisors Co. raised its position in Carnival by 1.6% in the 2nd quarter. 1834 Investment Advisors Co. now owns 23,964 shares of the company’s stock worth $674,000 after purchasing an additional 372 shares during the period. Greenleaf Trust raised its position in Carnival by 3.1% in the 2nd quarter. Greenleaf Trust now owns 14,547 shares of the company’s stock worth $409,000 after purchasing an additional 443 shares during the period. Finally, Encompass Wealth Advisors LLC lifted its stake in Carnival by 2.9% in the second quarter. Encompass Wealth Advisors LLC now owns 16,545 shares of the company’s stock worth $465,000 after purchasing an additional 466 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Trading Down 0.9%

NYSE:CCL opened at $25.48 on Thursday. The company has a 50-day moving average price of $28.14 and a 200-day moving average price of $27.86. The stock has a market cap of $29.75 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.57 and a beta of 2.67. 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 Corporation has a 12 month low of $15.07 and a 12 month high of $32.80.

Carnival (NYSE:CCL) last released its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $8.09 billion. During the same period in the prior year, the firm earned $1.27 earnings per share. Carnival’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. Equities analysts predict that Carnival Corporation will post 1.77 EPS for the current year.

Analyst Upgrades and Downgrades

CCL has been the topic of several analyst reports. Melius Research lifted their price objective on Carnival from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, September 15th. UBS Group restated a “buy” rating on shares of Carnival in a research report on Tuesday. Susquehanna boosted their price objective on Carnival from $30.00 to $35.00 and gave the company a “positive” rating in a research report on Tuesday, September 30th. Mizuho raised their target price on shares of Carnival from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, September 25th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Carnival from $34.00 to $39.00 and gave the stock an “overweight” rating in a research note on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $33.70.

Carnival Profile

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.