Intech Investment Management LLC Purchases 134,246 Shares of Carnival Corporation $CCL

Intech Investment Management LLC boosted its holdings in Carnival Corporation (NYSE:CCL) by 235.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 191,238 shares of the company’s stock after purchasing an additional 134,246 shares during the quarter. Intech Investment Management LLC’s holdings in Carnival were worth $5,529,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Commonwealth Financial Services LLC grew its position in shares of Carnival by 3.6% during the third quarter. Commonwealth Financial Services LLC now owns 10,957 shares of the company’s stock worth $317,000 after purchasing an additional 379 shares in the last quarter. CIBC Asset Management Inc grew its holdings in Carnival by 0.3% during the 3rd quarter. CIBC Asset Management Inc now owns 147,728 shares of the company’s stock valued at $4,271,000 after buying an additional 398 shares in the last quarter. HighPoint Advisor Group LLC raised its position in shares of Carnival by 2.8% during the third quarter. HighPoint Advisor Group LLC now owns 15,967 shares of the company’s stock valued at $462,000 after buying an additional 429 shares during the last quarter. World Investment Advisors raised its position in shares of Carnival by 3.1% during the third quarter. World Investment Advisors now owns 14,807 shares of the company’s stock valued at $428,000 after buying an additional 451 shares during the last quarter. Finally, Rathbones Group PLC lifted its holdings in shares of Carnival by 0.9% in the second quarter. Rathbones Group PLC now owns 51,544 shares of the company’s stock worth $1,449,000 after buying an additional 480 shares in the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Stock Performance

NYSE:CCL opened at $31.58 on Friday. The firm has a market capitalization of $39.05 billion, a PE ratio of 15.79, a PEG ratio of 1.15 and a beta of 2.49. The stock’s fifty day moving average is $31.10 and its 200 day moving average is $29.58. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The company had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. During the same period in the previous year, the firm earned $0.14 earnings per share. Carnival’s quarterly revenue was up 6.6% compared to the same quarter last year. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, sell-side analysts anticipate that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, February 13th. Carnival’s dividend payout ratio is 30.00%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CCL shares. TD Cowen reaffirmed a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Sanford C. Bernstein lifted their target price on Carnival from $26.00 to $33.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. Wall Street Zen upgraded Carnival from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Truist Financial raised their price target on Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Carnival in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

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.