IFM Investors Pty Ltd Has $5.54 Million Stake in Carnival Corporation $CCL

IFM Investors Pty Ltd raised its holdings in Carnival Corporation (NYSE:CCL) by 9.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 213,895 shares of the company’s stock after purchasing an additional 18,152 shares during the period. IFM Investors Pty Ltd’s holdings in Carnival were worth $5,536,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Auto Owners Insurance Co lifted its position in shares of Carnival by 2,954.0% during the 4th quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock valued at $60,625,000 after acquiring an additional 19,201,000 shares during the period. Viking Global Investors LP acquired a new stake in shares of Carnival during the 4th quarter worth $429,448,000. Pacer Advisors Inc. increased its position in shares of Carnival by 2,432.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock worth $204,311,000 after purchasing an additional 6,425,822 shares during the period. Wellington Management Group LLP raised its stake in Carnival by 99.6% in the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock valued at $351,535,000 after purchasing an additional 6,066,336 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in Carnival by 1,619.1% in the fourth quarter. Victory Capital Management Inc. now owns 5,132,270 shares of the company’s stock valued at $156,740,000 after purchasing an additional 4,833,723 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CCL has been the topic of a number of analyst reports. Freedom Capital upgraded shares of Carnival to a “strong-buy” rating in a research note on Wednesday, June 3rd. HSBC upgraded shares of Carnival from a “hold” rating to a “buy” rating and dropped their target price for the company from $33.60 to $30.10 in a research report on Monday, March 30th. Morgan Stanley raised shares of Carnival from an “equal weight” rating to an “overweight” rating and cut their price target for the stock from $33.00 to $31.00 in a report on Thursday, March 19th. Wall Street Zen lowered shares of Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, Tigress Financial lifted their price objective on shares of Carnival from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $35.23.

Carnival Stock Performance

NYSE:CCL opened at $27.95 on Friday. Carnival Corporation has a twelve month low of $23.45 and a twelve month high of $34.03. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80. The stock’s 50-day simple moving average is $27.41 and its 200 day simple moving average is $28.47. The firm has a market capitalization of $38.29 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 1.23 and a beta of 2.32.

Carnival (NYSE:CCL) last issued its earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The firm had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.35 earnings per share. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. On average, analysts anticipate that Carnival Corporation will post 2.22 EPS for the current fiscal year.

Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, May 18th. Carnival’s dividend payout ratio is currently 27.03%.

Insider Buying and Selling

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the completion of the transaction, the insider owned 69,238 shares of the company’s stock, valued at $1,945,587.80. This represents a 38.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.90% of the stock is currently owned by insiders.

Carnival Company Profile

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.