Vise Technologies Inc. Acquires New Holdings in Carnival Corporation $CCL

Vise Technologies Inc. bought a new position in shares of Carnival Corporation (NYSE:CCL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 20,013 shares of the company’s stock, valued at approximately $563,000.

Several other institutional investors also recently modified their holdings of CCL. Envestnet Asset Management Inc. grew its position in Carnival by 195.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 514,565 shares of the company’s stock worth $10,049,000 after acquiring an additional 340,576 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of Carnival by 53.5% during the first quarter. New York State Common Retirement Fund now owns 631,554 shares of the company’s stock valued at $12,334,000 after purchasing an additional 220,116 shares in the last quarter. CWM LLC grew its holdings in shares of Carnival by 9.6% during the first quarter. CWM LLC now owns 135,915 shares of the company’s stock worth $2,654,000 after purchasing an additional 11,952 shares during the last quarter. Bleakley Financial Group LLC increased its stake in shares of Carnival by 5.0% in the first quarter. Bleakley Financial Group LLC now owns 16,833 shares of the company’s stock valued at $329,000 after buying an additional 799 shares during the period. Finally, Signaturefd LLC raised its holdings in Carnival by 34.6% in the 1st quarter. Signaturefd LLC now owns 17,213 shares of the company’s stock valued at $336,000 after buying an additional 4,420 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Stock Down 0.6%

Shares of Carnival stock opened at $25.99 on Friday. The stock’s 50-day moving average is $29.08 and its 200 day moving average is $27.45. Carnival Corporation has a one year low of $15.07 and a one year high of $32.80. The firm has a market cap of $30.35 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 0.57 and a beta of 2.67. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30.

Carnival (NYSE:CCL) last posted 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 return on equity of 27.86% and a net margin of 10.07%.The firm had revenue of $8.15 billion for the quarter, compared to analysts’ expectations of $8.09 billion. During the same period in the prior year, the business earned $1.27 EPS. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. Equities research analysts anticipate that Carnival Corporation will post 1.77 EPS for the current year.

Analyst Upgrades and Downgrades

CCL has been the subject of several recent research reports. Tigress Financial upped their price target on shares of Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Carnival in a report on Wednesday, October 8th. TD Cowen initiated coverage on Carnival in a research report on Tuesday, July 22nd. They set a “buy” rating and a $36.00 target price for the company. Citigroup upped their price target on Carnival from $37.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Finally, Bank of America raised their price objective on Carnival from $31.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.

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.