Carnival Co. & (NYSE:CCL) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Carnival Co. & plc NYSE: CCL. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Carnival Co. & stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

Carnival Co. & Stock Performance

CCL traded down $0.41 on Thursday, hitting $22.58. 4,746,414 shares of the stock traded hands, compared to its average volume of 24,568,943. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $28.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of $26.34 billion, a PE ratio of 16.23, a P/E/G ratio of 0.73 and a beta of 2.50. The business has a fifty day moving average price of $19.29 and a two-hundred day moving average price of $23.01.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. The business had revenue of $5.81 billion for the quarter, compared to analysts' expectations of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.14) earnings per share. On average, research analysts predict that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

Institutional Investors Weigh In On Carnival Co. &

A number of institutional investors have recently added to or reduced their stakes in CCL. World Investment Advisors LLC acquired a new position in shares of Carnival Co. & in the 3rd quarter worth approximately $252,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Carnival Co. & in the 3rd quarter worth approximately $87,000. Tidal Investments LLC lifted its position in shares of Carnival Co. & by 2.9% in the 3rd quarter. Tidal Investments LLC now owns 73,147 shares of the company's stock worth $1,352,000 after purchasing an additional 2,033 shares during the period. Franklin Resources Inc. lifted its position in shares of Carnival Co. & by 8.5% in the 3rd quarter. Franklin Resources Inc. now owns 58,985 shares of the company's stock worth $1,192,000 after purchasing an additional 4,601 shares during the period. Finally, Principal Financial Group Inc. lifted its position in shares of Carnival Co. & by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 1,161,417 shares of the company's stock worth $21,463,000 after purchasing an additional 35,745 shares during the period. 67.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CCL. Morgan Stanley upgraded shares of Carnival Co. & from an "underweight" rating to an "equal weight" rating and reduced their target price for the stock from $25.00 to $21.00 in a research report on Thursday, April 10th. Truist Financial upped their target price on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Stifel Nicolaus increased their price objective on shares of Carnival Co. & from $30.00 to $31.00 and gave the company a "buy" rating in a report on Monday, March 24th. William Blair reiterated an "outperform" rating on shares of Carnival Co. & in a report on Monday, March 10th. Finally, BNP Paribas initiated coverage on shares of Carnival Co. & in a report on Thursday, March 27th. They issued an "outperform" rating and a $26.00 target price on the stock. Six research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, Carnival Co. & has a consensus rating of "Moderate Buy" and an average target price of $26.83.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Carnival Co. &

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.