Carnival Corporation $CCL Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC lifted its position in Carnival Corporation (NYSE:CCL) by 0.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 296,851 shares of the company’s stock after acquiring an additional 2,538 shares during the period. Voya Investment Management LLC’s holdings in Carnival were worth $5,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in CCL. Orion Capital Management LLC purchased a new position in shares of Carnival during the 4th quarter worth $30,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Carnival during the 1st quarter worth about $25,000. Graybill Wealth Management LTD. acquired a new stake in shares of Carnival during the 1st quarter worth about $26,000. Zions Bancorporation National Association UT acquired a new position in Carnival in the 1st quarter valued at about $35,000. Finally, Wealthquest Corp acquired a new position in Carnival in the 1st quarter valued at about $36,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Carnival

In related news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total transaction of $371,875.00. Following the sale, the director owned 64,406 shares of the company’s stock, valued at $1,916,078.50. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on CCL shares. Truist Financial boosted their price objective on Carnival from $27.00 to $31.00 and gave the stock a “hold” rating in a research report on Monday, July 21st. Zacks Research cut Carnival from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Susquehanna boosted their target price on Carnival from $27.00 to $30.00 and gave the company a “positive” rating in a report on Wednesday, June 25th. Citigroup boosted their target price on Carnival from $30.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Finally, Melius Research upped their price objective on Carnival from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Monday. Fifteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Carnival presently has a consensus rating of “Moderate Buy” and an average price target of $31.63.

Carnival Stock Up 0.8%

Carnival stock opened at $31.45 on Friday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.30 and a current ratio of 0.34. The firm has a market capitalization of $36.71 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 0.70 and a beta of 2.70. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $32.80. The stock’s fifty day moving average is $30.36 and its two-hundred day moving average is $24.76.

Carnival (NYSE:CCL) last posted its earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.11. The company had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.20 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%.Carnival’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. Carnival has set its FY 2025 guidance at 1.970-1.970 EPS. Q3 2025 guidance at 1.300-1.300 EPS. Analysts predict that Carnival Corporation will post 1.77 EPS for the current fiscal year.

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.