Carnival Corporation $CCL Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. trimmed its stake in shares of Carnival Corporation (NYSE:CCL) by 25.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,350 shares of the company’s stock after selling 8,798 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Carnival were worth $713,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new position in Carnival in the 1st quarter valued at approximately $25,000. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Carnival in the second quarter valued at $28,000. Banque Transatlantique SA acquired a new position in shares of Carnival during the 1st quarter worth $33,000. Zions Bancorporation National Association UT purchased a new stake in shares of Carnival in the 1st quarter worth about $35,000. Finally, Wealthquest Corp acquired a new stake in Carnival in the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Stock Down 0.3%

CCL stock opened at $26.80 on Wednesday. The company has a 50 day moving average price of $29.39 and a two-hundred day moving average price of $27.42. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.34. The stock has a market capitalization of $31.29 billion, a P/E ratio of 13.96, a PEG ratio of 0.57 and a beta of 2.67. Carnival Corporation has a one year low of $15.07 and a one year high of $32.80.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.11. The business had revenue of $8.15 billion for the quarter, compared to analysts’ expectations of $8.09 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.27 earnings per share. 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, sell-side analysts expect that Carnival Corporation will post 1.77 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Barclays upped their price target on shares of Carnival from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Wednesday, September 17th. Argus reduced their target price on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, September 30th. Morgan Stanley increased their target price on Carnival from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Wednesday, October 1st. Mizuho raised their price target on Carnival from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, September 25th. Finally, Tigress Financial increased their price objective on Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and an average price target of $33.00.

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.