Carnival Corporation $CUK is Aristeia Capital L.L.C.'s 2nd Largest Position

Key Points

• Aristeia Capital L.L.C. increased its stake in Carnival Corporation by 2.2% in Q1, owning approximately 12.4 million shares valued at $217 million, making it the fund's second-largest position.
• Several institutional investors, including BNP Paribas Financial Markets and Lazard Asset Management LLC, also recently acquired significant positions in Carnival, reflecting growing institutional interest.
• Carnival's stock opened at $28.85 with a market capitalization of $5.44 billion; it reported a $0.35 EPS for the last quarter, exceeding expectations, and is guiding $1.3 EPS for Q3 2025.

Aristeia Capital L.L.C. grew its holdings in Carnival Corporation (NYSE:CUK - Free Report) by 2.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,393,075 shares of the company's stock after purchasing an additional 262,590 shares during the period. Carnival makes up about 5.5% of Aristeia Capital L.L.C.'s holdings, making the stock its 2nd biggest position. Aristeia Capital L.L.C. owned about 6.60% of Carnival worth $217,251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Millennium Management LLC raised its position in shares of Carnival by 15.3% in the first quarter. Millennium Management LLC now owns 1,138,520 shares of the company's stock valued at $19,958,000 after purchasing an additional 151,439 shares during the period. ABC Arbitrage SA grew its stake in Carnival by 12.7% during the first quarter. ABC Arbitrage SA now owns 759,899 shares of the company's stock valued at $13,321,000 after acquiring an additional 85,372 shares in the last quarter. Voloridge Investment Management LLC purchased a new position in Carnival during the fourth quarter valued at approximately $16,380,000. Lazard Asset Management LLC grew its stake in Carnival by 18.7% during the fourth quarter. Lazard Asset Management LLC now owns 275,777 shares of the company's stock valued at $6,207,000 after acquiring an additional 43,369 shares in the last quarter. Finally, Mackenzie Financial Corp grew its stake in Carnival by 160.3% during the first quarter. Mackenzie Financial Corp now owns 266,885 shares of the company's stock valued at $4,678,000 after acquiring an additional 164,359 shares in the last quarter. Institutional investors own 23.80% of the company's stock.

Carnival Price Performance

NYSE:CUK traded down $0.76 during mid-day trading on Friday, hitting $28.75. 1,171,281 shares of the stock traded hands, compared to its average volume of 1,267,870. The business's 50-day moving average price is $27.60 and its 200 day moving average price is $22.31. The company has a market cap of $5.42 billion, a PE ratio of 15.54 and a beta of 2.76. Carnival Corporation has a 12-month low of $13.65 and a 12-month high of $29.80. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58.

Carnival (NYSE:CUK - Get Free Report) last issued its quarterly earnings data on Tuesday, June 24th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.24 by $0.11. The company had revenue of $6.33 billion during the quarter, compared to analysts' expectations of $6.21 billion. Carnival had a net margin of 9.72% and a return on equity of 27.88%. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. On average, analysts expect that Carnival Corporation will post 1.7 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 12,500 shares of the business's stock in a transaction that occurred 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 transaction, the director owned 64,406 shares of the company's stock, valued at approximately $1,916,078.50. The trade was a 16.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.08% of the company's stock.

Carnival Company Profile

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.