Carnival Corporation $CCL Shares Acquired by Crews Bank & Trust

Crews Bank & Trust lifted its position in Carnival Corporation (NYSE:CCL) by 32.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,650 shares of the company’s stock after purchasing an additional 650 shares during the quarter. Crews Bank & Trust’s holdings in Carnival were worth $75,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of CCL. Mirae Asset Global Investments Co. Ltd. raised its position in Carnival by 5.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 128,632 shares of the company’s stock worth $3,617,000 after buying an additional 6,472 shares during the last quarter. CHURCHILL MANAGEMENT Corp raised its holdings in shares of Carnival by 2.9% during the second quarter. CHURCHILL MANAGEMENT Corp now owns 562,296 shares of the company’s stock worth $15,812,000 after purchasing an additional 15,809 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Carnival by 509.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 322,882 shares of the company’s stock worth $9,079,000 after purchasing an additional 269,913 shares during the last quarter. Deltec Asset Management LLC lifted its position in Carnival by 4.5% during the second quarter. Deltec Asset Management LLC now owns 858,588 shares of the company’s stock valued at $24,143,000 after purchasing an additional 37,035 shares during the period. Finally, Consolidated Portfolio Review Corp purchased a new stake in Carnival in the second quarter valued at $222,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 12,500 shares of Carnival stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director directly owned 64,406 shares of the company’s stock, valued at $1,916,078.50. The trade was a 16.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 7.60% of the stock is currently owned by company insiders.

Carnival Stock Performance

CCL opened at $28.56 on Friday. The firm’s fifty day simple moving average is $30.42 and its two-hundred day simple moving average is $25.48. Carnival Corporation has a 52-week low of $15.07 and a 52-week high of $32.80. The company has a market cap of $33.34 billion, a price-to-earnings ratio of 14.87, a PEG ratio of 0.61 and a beta of 2.68. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.10.

Carnival (NYSE:CCL) last released its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.11. The firm had revenue of $8.15 billion during the quarter, compared to the consensus estimate of $8.09 billion. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.27 EPS. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. Equities analysts anticipate that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on CCL. Melius Research lifted their price objective on Carnival from $30.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Truist Financial lifted their price target on Carnival from $27.00 to $31.00 and gave the company a “hold” rating in a research report on Monday, July 21st. Mizuho lifted their price target on Carnival from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday, September 25th. Loop Capital reaffirmed a “hold” rating and set a $22.00 target price on shares of Carnival in a report on Monday, June 23rd. Finally, Stifel Nicolaus boosted their target price on shares of Carnival from $34.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, September 23rd. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Carnival presently has an average rating of “Moderate Buy” and a consensus target price of $32.90.

Carnival Company 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.