Pacer Advisors Inc. Raises Stake in Carnival Corporation $CCL

Pacer Advisors Inc. boosted its position in shares of Carnival Corporation (NYSE:CCL) by 70.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 264,132 shares of the company’s stock after acquiring an additional 109,473 shares during the period. Pacer Advisors Inc.’s holdings in Carnival were worth $7,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CCL. Vanguard Group Inc. grew its stake in shares of Carnival by 6.0% during the second quarter. Vanguard Group Inc. now owns 126,663,493 shares of the company’s stock worth $3,561,777,000 after purchasing an additional 7,157,739 shares in the last quarter. Holocene Advisors LP boosted its position in shares of Carnival by 184.3% during the 2nd quarter. Holocene Advisors LP now owns 10,289,947 shares of the company’s stock worth $289,353,000 after acquiring an additional 6,669,935 shares in the last quarter. 59 North Capital Management LP increased its holdings in shares of Carnival by 117.1% in the 2nd quarter. 59 North Capital Management LP now owns 7,704,185 shares of the company’s stock valued at $216,642,000 after acquiring an additional 4,155,630 shares during the last quarter. Sei Investments Co. raised its position in shares of Carnival by 127.0% during the 2nd quarter. Sei Investments Co. now owns 4,408,963 shares of the company’s stock worth $123,980,000 after acquiring an additional 2,466,296 shares in the last quarter. Finally, Norges Bank purchased a new stake in Carnival during the second quarter worth approximately $67,055,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Trading Down 1.7%

NYSE CCL opened at $30.71 on Monday. The firm’s fifty day moving average is $27.56 and its two-hundred day moving average is $28.62. Carnival Corporation has a one year low of $15.07 and a one year high of $32.89. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The firm has a market cap of $35.85 billion, a PE ratio of 15.35, a P/E/G ratio of 1.12 and a beta of 2.53.

Carnival (NYSE:CCL) last announced its earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.09. The business had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. Analysts expect that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 13th.

Analysts Set New Price Targets

Several equities analysts have commented on CCL shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Carnival from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, December 22nd. JPMorgan Chase & Co. increased their target price on shares of Carnival from $34.00 to $39.00 and gave the company an “overweight” rating in a research report on Monday, September 15th. The Goldman Sachs Group reissued a “buy” rating and issued a $34.00 price target on shares of Carnival in a research report on Monday, December 22nd. Wall Street Zen lowered Carnival from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Finally, Susquehanna lifted their target price on Carnival from $35.00 to $40.00 and gave the stock a “positive” rating in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.45.

Carnival Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.