World Investment Advisors Boosts Holdings in Carnival Corporation $CCL

World Investment Advisors raised its holdings in shares of Carnival Corporation (NYSE:CCL) by 15.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,356 shares of the company’s stock after buying an additional 1,950 shares during the period. World Investment Advisors’ holdings in Carnival were worth $404,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Carnival by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 119,505,754 shares of the company’s stock valued at $2,333,947,000 after acquiring an additional 2,410,188 shares during the period. Causeway Capital Management LLC purchased a new position in Carnival during the first quarter valued at $518,816,000. Nuveen LLC bought a new stake in Carnival during the first quarter valued at about $432,718,000. Invesco Ltd. grew its holdings in Carnival by 24.7% during the first quarter. Invesco Ltd. now owns 12,965,228 shares of the company’s stock valued at $253,211,000 after purchasing an additional 2,566,148 shares during the period. Finally, Northern Trust Corp increased its position in Carnival by 16.8% in the first quarter. Northern Trust Corp now owns 12,425,707 shares of the company’s stock worth $242,674,000 after buying an additional 1,787,015 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CCL shares. UBS Group set a $35.00 price objective on Carnival and gave the company a “buy” rating in a research report on Wednesday, October 1st. JPMorgan Chase & Co. raised their target price on shares of Carnival from $34.00 to $39.00 and gave the stock an “overweight” rating in a research note on Monday, September 15th. Morgan Stanley upped their price target on shares of Carnival from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 1st. Wall Street Zen cut shares of Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Finally, Bank of America raised their price objective on shares of Carnival from $31.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.

Carnival Trading Down 0.5%

Carnival stock opened at $28.69 on Tuesday. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $32.80. The firm’s 50 day moving average price is $30.03 and its 200-day moving average price is $27.06. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30. The stock has a market cap of $33.50 billion, a P/E ratio of 14.94, a PEG ratio of 0.57 and a beta of 2.68.

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

Carnival Company 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.