Donoghue Forlines LLC Makes New $2 Million Investment in Carnival Corporation $CCL

Donoghue Forlines LLC acquired a new stake in Carnival Corporation (NYSE:CCL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 69,250 shares of the company’s stock, valued at approximately $2,002,000.

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

Analysts Set New Price Targets

CCL has been the topic of several research analyst reports. Argus reiterated a “buy” rating and issued a $35.00 price objective on shares of Carnival in a report on Monday, December 22nd. TD Cowen lifted their price target on Carnival from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Susquehanna increased their price objective on Carnival from $35.00 to $40.00 and gave the company a “positive” rating in a research note on Tuesday, December 16th. Truist Financial set a $31.00 target price on shares of Carnival in a research note on Monday, December 22nd. Finally, Mizuho upped their target price on shares of Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.87.

Carnival Stock Performance

Shares of Carnival stock opened at $28.94 on Friday. The business’s 50 day moving average price is $28.35 and its 200 day moving average price is $29.22. The company has a market cap of $33.79 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 1.05 and a beta of 2.51. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. Carnival Corporation has a one year low of $15.07 and a one year high of $32.89.

Carnival (NYSE:CCL) last issued its earnings results on Friday, December 19th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. During the same period last year, the business earned $0.14 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, research analysts predict that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 13th.

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.