9,469 Shares in Carnival Corporation $CCL Acquired by USAdvisors Wealth Management LLC

Key Points

• USAdvisors Wealth Management LLC acquired 9,469 shares of Carnival Corporation, valued at approximately $266,000, during the 2nd quarter, signaling institutional interest in the stock.
• Carnival Corporation reported earnings of $1.43 EPS in its recent quarterly results, exceeding analysts' expectations of $1.32, with revenue reaching $8.15 billion.
• Analysts have a generally positive outlook on Carnival stock, with 17 rating it as a Buy and a target price averaging around $32.90.

USAdvisors Wealth Management LLC acquired a new position in shares of Carnival Corporation (NYSE:CCL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 9,469 shares of the company's stock, valued at approximately $266,000.

Several other institutional investors have also recently modified their holdings of the stock. Eagle Wealth Strategies LLC raised its position in shares of Carnival by 1.4% during the 2nd quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company's stock worth $730,000 after purchasing an additional 369 shares during the last quarter. 1834 Investment Advisors Co. raised its position in shares of Carnival by 1.6% during the 2nd quarter. 1834 Investment Advisors Co. now owns 23,964 shares of the company's stock worth $674,000 after purchasing an additional 372 shares during the last quarter. Greenleaf Trust raised its position in shares of Carnival by 3.1% during the 2nd quarter. Greenleaf Trust now owns 14,547 shares of the company's stock worth $409,000 after purchasing an additional 443 shares during the last quarter. Encompass Wealth Advisors LLC raised its position in shares of Carnival by 2.9% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 16,545 shares of the company's stock worth $465,000 after purchasing an additional 466 shares during the last quarter. Finally, SouthState Corp raised its position in shares of Carnival by 9.8% during the 1st quarter. SouthState Corp now owns 5,976 shares of the company's stock worth $117,000 after purchasing an additional 531 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Stock Down 1.0%

Shares of NYSE CCL opened at $28.56 on Friday. Carnival Corporation has a 52-week low of $15.07 and a 52-week high of $32.80. The firm has a fifty day moving average of $30.42 and a 200-day moving average of $25.51. The stock has a market capitalization of $33.34 billion, a PE ratio of 14.87, a P/E/G ratio of 0.60 and a beta of 2.68. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.10.

Carnival (NYSE:CCL - Get Free Report) last announced its quarterly earnings data on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.11. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The company had revenue of $8.15 billion during the quarter, compared to analysts' expectations of $8.09 billion. During the same period in the previous year, the company earned $1.27 EPS. The business's quarterly revenue was up 3.3% compared to the same quarter last year. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. On average, analysts anticipate that Carnival Corporation will post 1.77 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barclays lifted their target price on shares of Carnival from $33.00 to $37.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 17th. Mizuho lifted their target price on shares of Carnival from $35.00 to $37.00 and gave the stock an "outperform" rating in a research note on Thursday, September 25th. Zacks Research cut shares of Carnival from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Wall Street Zen cut shares of Carnival from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Melius Research lifted their target price on shares of Carnival from $30.00 to $36.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $32.90.

Insider Activity

In other news, Director Sir Jonathon Band sold 12,500 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total transaction of $371,875.00. Following the completion of the sale, the director directly owned 64,406 shares of the company's stock, valued at $1,916,078.50. The trade was a 16.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 7.60% of the stock is owned by corporate insiders.

Carnival Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

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