Oregon Public Employees Retirement Fund Increases Stake in Carnival Corporation $CCL

Oregon Public Employees Retirement Fund raised its stake in Carnival Corporation (NYSE:CCL) by 20.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 158,100 shares of the company’s stock after acquiring an additional 26,500 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Carnival were worth $4,517,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Commerzbank Aktiengesellschaft FI grew its stake in shares of Carnival by 3.5% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock worth $322,000 after purchasing an additional 358 shares during the period. StoneX Group Inc. increased its holdings in shares of Carnival by 4.9% during the 4th quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock valued at $242,000 after purchasing an additional 368 shares in the last quarter. Brooklyn Investment Group lifted its stake in shares of Carnival by 1.9% in the 3rd quarter. Brooklyn Investment Group now owns 21,363 shares of the company’s stock valued at $618,000 after purchasing an additional 396 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Carnival by 1.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 33,540 shares of the company’s stock valued at $1,024,000 after purchasing an additional 408 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its holdings in Carnival by 3.9% during the fourth quarter. Orion Porfolio Solutions LLC now owns 11,816 shares of the company’s stock worth $361,000 after buying an additional 446 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insiders Place Their Bets

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the insider owned 69,238 shares of the company’s stock, valued at $1,945,587.80. The trade was a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 7.90% of the company’s stock.

Carnival Stock Up 2.7%

Shares of NYSE:CCL opened at $28.40 on Friday. The firm’s 50-day simple moving average is $27.96 and its 200-day simple moving average is $27.86. Carnival Corporation has a fifty-two week low of $23.45 and a fifty-two week high of $34.03. The company has a market cap of $38.90 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.22 and a beta of 2.35. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80.

Carnival (NYSE:CCL) last released its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $6.69 billion. During the same quarter in the prior year, the business posted $0.35 earnings per share. Carnival’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. As a group, equities research analysts predict that Carnival Corporation will post 2.23 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, August 7th. Carnival’s payout ratio is currently 27.03%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CCL shares. Weiss Ratings downgraded Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Argus set a $35.00 price target on Carnival in a report on Friday, June 26th. TD Cowen upped their price target on Carnival from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. BMO Capital Markets started coverage on Carnival in a research note on Tuesday, July 7th. They issued a “market perform” rating and a $30.00 price objective on the stock. Finally, Truist Financial lifted their price target on Carnival from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.08.

Carnival Company Profile

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.