Earned Wealth Advisors LLC Has $203,000 Position in Carnival Corporation $CCL

Earned Wealth Advisors LLC lowered its stake in Carnival Corporation (NYSE:CCL) by 30.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,227 shares of the company’s stock after selling 3,197 shares during the period. Earned Wealth Advisors LLC’s holdings in Carnival were worth $203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. AustralianSuper Pty Ltd acquired a new stake in shares of Carnival in the second quarter valued at approximately $37,880,000. New Century Financial Group LLC grew its holdings in Carnival by 375.7% during the 2nd quarter. New Century Financial Group LLC now owns 72,140 shares of the company’s stock worth $2,029,000 after acquiring an additional 56,976 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in Carnival by 30.9% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 100,983 shares of the company’s stock worth $2,840,000 after acquiring an additional 23,866 shares during the period. Convergence Investment Partners LLC acquired a new stake in Carnival during the 2nd quarter worth $734,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Carnival by 31.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 122,160 shares of the company’s stock worth $2,427,000 after acquiring an additional 28,890 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Ratings Changes

CCL has been the subject of a number of analyst reports. Morgan Stanley lifted their target price on shares of Carnival from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 1st. Barclays lifted their target price on shares of Carnival from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, September 17th. 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 report on Monday, September 15th. Stifel Nicolaus lifted their target price on shares of Carnival from $34.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Finally, UBS Group set a $35.00 target price on shares of Carnival and gave the stock a “buy” rating in a report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.00.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 12,500 shares of the business’s stock in a transaction on Tuesday, August 5th. The shares were 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 approximately $1,916,078.50. The trade was a 16.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 7.60% of the company’s stock.

Carnival Price Performance

Shares of CCL stock opened at $28.84 on Friday. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $32.80. The firm has a market capitalization of $33.67 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 0.57 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. The firm has a fifty day moving average of $30.08 and a 200-day moving average of $26.86.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $8.09 billion. During the same quarter in the previous year, the business earned $1.27 EPS. The firm’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. On average, equities research analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current year.

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.