Burney Co. Buys New Stake in Carnival Corporation $CCL

Burney Co. purchased a new stake in Carnival Corporation (NYSE:CCL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,040 shares of the company’s stock, valued at approximately $1,140,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Carnival by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock worth $2,191,000 after buying an additional 5,435 shares during the last quarter. Great Lakes Advisors LLC purchased a new position in Carnival during the first quarter valued at approximately $228,000. Empowered Funds LLC lifted its holdings in Carnival by 61.6% in the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after acquiring an additional 11,601 shares during the period. Woodline Partners LP lifted its holdings in Carnival by 41.9% in the first quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock valued at $1,729,000 after acquiring an additional 26,141 shares during the period. Finally, Baird Financial Group Inc. boosted its position in Carnival by 57.0% in the 2nd quarter. Baird Financial Group Inc. now owns 64,720 shares of the company’s stock worth $1,820,000 after purchasing an additional 23,484 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Negative Sentiment: Escalating tensions in the Strait of Hormuz and Iran-related headlines pushed oil prices higher, increasing concern that Carnival’s fuel expenses will rise and pressure margins. Carnival Stock Faces Margin Squeeze as Strait of Hormuz Tension Rises
• Negative Sentiment: Market commentary says the selloff may be amplified because Carnival recently warned that higher fuel prices were already hurting margins, making investors more sensitive to another oil spike. Carnival Slides as Oil Spike Revives Fuel-Cost Concerns
• Neutral Sentiment: Analysts at Zacks Research trimmed several near- and medium-term EPS estimates for Carnival, signaling some caution on profitability, though they kept a Hold rating. MarketBeat CCL coverage
• Positive Sentiment: Some recent travel demand indicators remain solid, with reports saying Carnival’s FY27 bookings are still at historically high levels and pricing remains strong, which could help offset cost pressure if oil stabilizes. Carnival’s FY27 Bookings Stay Strong: Is Europe Pressure Transitory?

Insider Buying and Selling at Carnival

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CCL. Truist Financial dropped their price objective on shares of Carnival from $30.00 to $29.00 and set a “hold” rating on the stock in a research note on Friday, May 22nd. Mizuho boosted their target price on shares of Carnival from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. HSBC raised shares of Carnival from a “hold” rating to a “buy” rating and lowered their price target for the stock from $33.60 to $30.10 in a report on Monday, March 30th. Sanford C. Bernstein cut shares of Carnival from a “market perform” rating to a “market perform” rating in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company upped their price objective on shares of Carnival from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.99.

Carnival Trading Down 3.8%

Shares of NYSE:CCL opened at $25.66 on Thursday. The business’s 50 day moving average price is $27.40 and its 200-day moving average price is $28.44. Carnival Corporation has a 1 year low of $23.45 and a 1 year high of $34.03. The firm has a market capitalization of $35.14 billion, a price-to-earnings ratio of 11.56, a price-to-earnings-growth ratio of 1.18 and a beta of 2.32. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29.

Carnival (NYSE:CCL) last issued its quarterly 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 company had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The firm’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 EPS. 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, equities research analysts forecast that Carnival Corporation will post 2.22 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. Carnival’s payout ratio is currently 27.03%.

Carnival 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.