SBI Securities Co. Ltd. Decreases Stock Position in Carnival Corporation $CCL

SBI Securities Co. Ltd. trimmed its position in shares of Carnival Corporation (NYSE:CCL) by 22.2% in the 2nd quarter, Holdings Channel reports. The firm owned 226,090 shares of the company’s stock after selling 64,652 shares during the period. SBI Securities Co. Ltd.’s holdings in Carnival were worth $6,358,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. REAP Financial Group LLC grew its holdings in shares of Carnival by 10.5% during the second quarter. REAP Financial Group LLC now owns 3,678 shares of the company’s stock worth $103,000 after buying an additional 349 shares in the last quarter. Eagle Wealth Strategies LLC boosted its holdings in shares of Carnival by 1.4% during the 2nd quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company’s stock worth $730,000 after purchasing an additional 369 shares during the last quarter. 1834 Investment Advisors Co. increased 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 during the last quarter. Greenleaf Trust lifted its position in Carnival by 3.1% during the second quarter. Greenleaf Trust now owns 14,547 shares of the company’s stock worth $409,000 after buying an additional 443 shares in the last quarter. Finally, Encompass Wealth Advisors LLC boosted its stake in Carnival by 2.9% during the second quarter. Encompass Wealth Advisors LLC now owns 16,545 shares of the company’s stock worth $465,000 after buying an additional 466 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Trading Down 0.3%

CCL opened at $26.80 on Wednesday. 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 market cap of $31.29 billion, a P/E ratio of 13.96, a P/E/G ratio of 0.57 and a beta of 2.67. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $32.80. The business has a fifty day simple moving average of $29.39 and a 200-day simple moving average of $27.42.

Carnival (NYSE:CCL) last announced its earnings results on Monday, September 29th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.11. The company had revenue of $8.15 billion during 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%.Carnival’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the business 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. On average, equities analysts expect that Carnival Corporation will post 1.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Mizuho lifted their price target on Carnival from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, September 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Carnival in a report on Wednesday, October 8th. Citigroup upped their price objective on Carnival from $37.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Melius Research lifted their target price on Carnival from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Finally, Morgan Stanley increased their price target on Carnival from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 1st. One investment 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.