29,210 Shares in Carnival Corporation $CCL Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in shares of Carnival Corporation (NYSE:CCL – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 29,210 shares of the company’s stock, valued at approximately $717,000.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in shares of Carnival by 330.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,827,261 shares of the company’s stock valued at $109,345,000 after buying an additional 2,938,650 shares during the period. Amundi lifted its position in Carnival by 67.3% in the 2nd quarter. Amundi now owns 6,770,304 shares of the company’s stock valued at $193,428,000 after acquiring an additional 2,723,171 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Carnival by 3,458.1% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,527,262 shares of the company’s stock valued at $39,526,000 after acquiring an additional 1,484,338 shares in the last quarter. Hound Partners LLC boosted its stake in Carnival by 27.9% in the 1st quarter. Hound Partners LLC now owns 4,514,839 shares of the company’s stock worth $116,844,000 after purchasing an additional 985,772 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Carnival by 5.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 15,904,029 shares of the company’s stock worth $411,372,000 after purchasing an additional 834,885 shares during the period. Institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Morgan Stanley lifted their price target on Carnival from $31.00 to $32.50 and gave the company an “overweight” rating in a research note on Tuesday, September 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $28.70 price objective on shares of Carnival in a research report on Wednesday, September 30th. Freedom Broker upped their price objective on Carnival from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Susquehanna dropped their target price on Carnival from $33.00 to $28.00 and set a “positive” rating on the stock in a research report on Wednesday, September 30th. Finally, Stifel Nicolaus cut their target price on Carnival from $37.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $34.14.

Read Our Latest Research Report on CCL

Carnival Price Performance

NYSE:CCL opened at $26.11 on Friday. Carnival Corporation has a 52-week low of $21.45 and a 52-week high of $34.03. The company has a market cap of $35.10 billion, a P/E ratio of 11.40, a P/E/G ratio of 1.12 and a beta of 2.38. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.23 and a current ratio of 0.27. The stock’s 50-day simple moving average is $24.66 and its 200 day simple moving average is $26.46.

Carnival (NYSE:CCL – Get Free Report) last announced its quarterly earnings data on Tuesday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. The company had revenue of $8.44 billion for the quarter, compared to analysts’ expectations of $8.39 billion. Carnival had a return on equity of 24.83% and a net margin of 11.37%. The business’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.43 EPS. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. As a group, sell-side analysts forecast that Carnival Corporation will post 2.26 EPS for the current fiscal year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 6th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, November 6th. Carnival’s payout ratio is presently 26.20%.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

  • Positive Sentiment: Dividend reinstated: Carnival declared a quarterly dividend of $0.15 per share, or $0.60 annualized, representing an approximately 2.3% yield. The payment is scheduled for November 27 for shareholders of record on November 6. The resumption signals greater confidence in cash generation and gives income-focused investors a new reason to own CCL. Carnival Corporation Declares Dividend
  • Positive Sentiment: Cash generation remains part of the investment case: Recent analysis focuses on Carnival’s cash position, alongside record revenue and net income, strong 2027 bookings and continued debt reduction. These factors could support additional balance-sheet improvement and capital returns over time. Should You Buy Carnival Stock For Its Cash?
  • Neutral Sentiment: Premium offerings and pricing initiatives: Princess Cruises is expanding its Sanctuary Collection across five Royal Class ships, while Carnival is reportedly introducing dynamic pricing for some onboard amenities. Both initiatives could increase guest spending and improve revenue per passenger, but their effects on demand and customer satisfaction remain uncertain. Princess Cruises Expands Sanctuary Collection
  • Negative Sentiment: Oil-price surge pressures margins: Crude oil reached a five-month high, weighing on cruise operators because fuel is one of their largest expenses. Carnival declined alongside Royal Caribbean and Norwegian, as investors priced in the risk of higher fuel costs reducing earnings and cash flow. Cruise Stocks Fall as Oil Price Hits Five-Month High

About Carnival

(Free Report)

Carnival Corporation & plc (NYSE: CCL) is one of the world’s largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company’s brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.

Carnival’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.

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Institutional Ownership by Quarter for Carnival (NYSE:CCL)

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