Carnival Corporation $CUK Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Carnival Corporation (NYSE:CUK) by 33.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,317 shares of the company’s stock after purchasing an additional 19,298 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Carnival were worth $1,338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CUK. First Trust Advisors LP purchased a new stake in Carnival during the 4th quarter worth approximately $202,000. Ameriprise Financial Inc. acquired a new position in Carnival during the 4th quarter worth $206,000. Squarepoint Ops LLC acquired a new position in Carnival during the 4th quarter worth $217,000. Mariner LLC acquired a new position in Carnival during the 4th quarter worth $241,000. Finally, Vident Advisory LLC acquired a new stake in shares of Carnival in the fourth quarter valued at $358,000. 23.80% of the stock is owned by institutional investors and hedge funds.

Carnival Trading Down 1.7%

Shares of Carnival stock opened at $29.05 on Tuesday. The business has a fifty day simple moving average of $26.98 and a 200-day simple moving average of $21.90. The firm has a market cap of $5.48 billion, a price-to-earnings ratio of 15.70 and a beta of 2.76. 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 Corporation has a fifty-two week low of $13.65 and a fifty-two week high of $29.77.

Carnival (NYSE:CUK) last announced its earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.11. The company had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.21 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. On average, equities analysts forecast that Carnival Corporation will post 1.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the transaction, the director directly owned 64,406 shares of the company’s stock, valued at $1,916,078.50. This represents a 16.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is currently owned by insiders.

About Carnival

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.