Carnival Corporation $CCL Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. trimmed its holdings in Carnival Corporation (NYSE:CCL) by 68.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227,665 shares of the company’s stock after selling 487,046 shares during the period. Rockefeller Capital Management L.P.’s holdings in Carnival were worth $6,402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CCL. N.E.W. Advisory Services LLC bought a new stake in shares of Carnival in the first quarter worth $25,000. Oliver Lagore Vanvalin Investment Group bought a new position in Carnival during the 2nd quarter valued at $28,000. Banque Transatlantique SA acquired a new position in Carnival during the 1st quarter worth $33,000. Zions Bancorporation National Association UT bought a new stake in shares of Carnival in the 1st quarter worth about $35,000. Finally, Wealthquest Corp acquired a new stake in shares of Carnival in the 1st quarter valued at about $36,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Price Performance

Shares of CCL opened at $25.30 on Friday. 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. The stock has a fifty day moving average price of $28.59 and a 200 day moving average price of $27.64. The company has a market cap of $29.54 billion, a P/E ratio of 13.18, a PEG ratio of 0.57 and a beta of 2.67.

Carnival (NYSE:CCL) last issued its earnings results on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.11. The firm had revenue of $8.15 billion for the quarter, compared to analyst estimates of $8.09 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.During the same period last year, the company earned $1.27 earnings per share. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. On average, research 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 downgraded Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Wells Fargo & Company started coverage on Carnival in a research report on Tuesday. They issued an “overweight” rating and a $37.00 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. Barclays lifted their price objective on shares of Carnival from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, September 17th. Finally, Susquehanna boosted their target price on shares of Carnival from $30.00 to $35.00 and gave the company a “positive” rating in a research note on Tuesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Carnival has an average rating of “Moderate Buy” and a consensus price target of $33.33.

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.