Carnival Corporation $CCL Shares Acquired by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale raised its stake in shares of Carnival Corporation (NYSE:CCL) by 10.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 271,586 shares of the company’s stock after acquiring an additional 25,560 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Carnival were worth $7,492,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. REAP Financial Group LLC grew its holdings in shares of Carnival by 10.5% in the second quarter. REAP Financial Group LLC now owns 3,678 shares of the company’s stock valued at $103,000 after purchasing an additional 349 shares in the last quarter. Eagle Wealth Strategies LLC grew its holdings in shares of Carnival by 1.4% in the second quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company’s stock valued at $730,000 after purchasing an additional 369 shares in the last quarter. 1834 Investment Advisors Co. grew its holdings in shares of Carnival by 1.6% in the second quarter. 1834 Investment Advisors Co. now owns 23,964 shares of the company’s stock valued at $674,000 after purchasing an additional 372 shares in the last quarter. Greenleaf Trust grew its holdings in shares of Carnival by 3.1% in the second quarter. Greenleaf Trust now owns 14,547 shares of the company’s stock valued at $409,000 after purchasing an additional 443 shares in the last quarter. Finally, Encompass Wealth Advisors LLC grew its holdings in shares of Carnival by 2.9% in the second quarter. Encompass Wealth Advisors LLC now owns 16,545 shares of the company’s stock valued at $465,000 after purchasing an additional 466 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Stock Performance

Shares of Carnival stock opened at $29.40 on Friday. The firm’s fifty day simple moving average is $30.22 and its 200-day simple moving average is $26.44. The stock has a market capitalization of $34.32 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 0.60 and a beta of 2.68. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $32.80. 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 announced its quarterly earnings data 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. The company had revenue of $8.15 billion for the quarter, compared to analysts’ expectations of $8.09 billion. Carnival had a net margin of 10.07% and a return on equity of 27.86%. Carnival’s revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $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. As a group, equities analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current year.

Wall Street Analyst Weigh In

CCL has been the subject of a number of research reports. Wall Street Zen cut shares of Carnival from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Bank of America lifted their price target on shares of Carnival from $31.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Susquehanna boosted their price objective on shares of Carnival from $30.00 to $35.00 and gave the stock a “positive” rating in a research report on Tuesday, September 30th. Citigroup boosted their price objective on shares of Carnival from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Finally, TD Cowen assumed coverage on shares of Carnival in a research report on Tuesday, July 22nd. They set a “buy” rating and a $36.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $33.00.

Insider Transactions at Carnival

In other Carnival 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 7.60% of the company’s stock.

About Carnival

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.