Intech Investment Management LLC Sells 28,968 Shares of Carnival Corporation $CCL

Intech Investment Management LLC lessened its holdings in shares of Carnival Corporation (NYSE:CCL) by 15.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 162,270 shares of the company’s stock after selling 28,968 shares during the quarter. Intech Investment Management LLC’s holdings in Carnival were worth $4,956,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CCL. BOCHK Asset Management Ltd bought a new stake in Carnival in the 4th quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in Carnival in the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. bought a new stake in Carnival in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. increased its stake in Carnival by 381.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock worth $29,000 after acquiring an additional 762 shares during the last quarter. Finally, LRI Investments LLC bought a new stake in Carnival in the 3rd quarter worth approximately $30,000. Institutional investors own 67.19% of the company’s stock.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Multiple recent articles argue Carnival still looks attractive for buyers, citing a cheap valuation and potential upside if cruise demand stays solid. One note highlighted “3 reasons to buy” the stock, while another said there was “no disruption” to the company’s broader travel story. Article Title Article Title
• Positive Sentiment: Lower oil prices are being viewed as a tailwind for Carnival because fuel is one of its biggest operating costs, and recent travel data suggest consumers are still planning vacations. That combination supports margins and could improve earnings expectations. Article Title
• Neutral Sentiment: Holland America, one of Carnival’s brands, announced year-round Europe cruising for 2027-2028. The expansion reinforces long-term demand and capacity planning, but it is not likely to affect near-term results. Article Title
• Neutral Sentiment: One market note said Carnival insiders sold about $13 million in shares over the past year, which can make investors cautious, but it is not by itself a clear fundamental change. Article Title
• Negative Sentiment: Carnival disclosed a cybersecurity incident that exposed names, addresses, and government ID numbers after attackers tricked an employee through a social-engineering attack. That creates reputational risk, possible remediation costs, and potential legal exposure. Article Title
• Negative Sentiment: A law firm has launched an investigation into the breach, raising the chance of class-action claims and additional costs tied to the incident. Article Title

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 11,988 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total transaction of $313,965.72. Following the transaction, the director owned 52,601 shares of the company’s stock, valued at approximately $1,377,620.19. The trade was a 18.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 12,000 shares of company stock worth $314,265. Insiders own 7.90% of the company’s stock.

Carnival Stock Performance

NYSE CCL opened at $28.06 on Monday. The company has a market cap of $34.77 billion, a P/E ratio of 12.47, a P/E/G ratio of 1.25 and a beta of 2.32. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The business’s 50 day moving average price is $26.35 and its 200-day moving average price is $28.03. Carnival Corporation has a fifty-two week low of $22.11 and a fifty-two week high of $34.03.

Carnival (NYSE:CCL) last released its earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The firm had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS. Sell-side analysts predict that Carnival Corporation will post 2.21 earnings per share for the current year.

Carnival Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. Carnival’s payout ratio is currently 26.67%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Citigroup reduced their price objective on Carnival from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Zacks Research raised Carnival from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Stifel Nicolaus reduced their price objective on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Mizuho lifted their price objective on Carnival from $38.00 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, March 27th. Finally, UBS Group reduced their price objective on Carnival from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Carnival has a consensus rating of “Moderate Buy” and a consensus price target of $34.13.

About Carnival

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.