Financiere des Professionnels Fonds d investissement inc. Has $3.17 Million Position in Carnival Corporation $CCL

Financiere des Professionnels Fonds d investissement inc. lifted its stake in Carnival Corporation (NYSE:CCL) by 104.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,692 shares of the company’s stock after buying an additional 62,788 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in Carnival were worth $3,175,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CCL. BOCHK Asset Management Ltd bought a new position in Carnival during the fourth quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Carnival in the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of Carnival in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. grew its holdings in shares of Carnival by 381.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock worth $29,000 after purchasing an additional 762 shares in the last quarter. Finally, Optima Capital LLC acquired a new stake in shares of Carnival during the 4th quarter worth approximately $32,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CCL. Argus set a $35.00 target price on Carnival in a research note on Friday, June 26th. Tigress Financial lifted their price target on shares of Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. HSBC raised shares of Carnival from a “hold” rating to a “buy” rating and lowered their price target for the company from $33.60 to $30.10 in a report on Monday, March 30th. Weiss Ratings cut shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Finally, Barclays reduced their price objective on shares of Carnival from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.99.

Insider Buying and Selling at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the sale, the insider owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. This represents a 38.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 7.90% of the company’s stock.

Carnival Price Performance

Carnival stock opened at $26.84 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29. The company has a market capitalization of $36.76 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of 1.17 and a beta of 2.32. Carnival Corporation has a one year low of $23.45 and a one year high of $34.03. The business has a 50 day simple moving average of $27.42 and a 200 day simple moving average of $28.24.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, beating 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 firm had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.69 billion. During the same period in the prior year, the business posted $0.35 earnings per share. The business’s 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. On average, sell-side analysts forecast that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, August 7th. Carnival’s payout ratio is currently 27.03%.

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.