Intact Investment Management Inc. Invests $1.15 Million in Carnival Corporation $CCL

Intact Investment Management Inc. acquired a new stake in Carnival Corporation (NYSE:CCL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 39,780 shares of the company’s stock, valued at approximately $1,150,000.

A number of other institutional investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Carnival by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock worth $2,191,000 after buying an additional 5,435 shares during the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Carnival in the 1st quarter valued at $228,000. Empowered Funds LLC raised its stake in Carnival by 61.6% in the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock worth $594,000 after acquiring an additional 11,601 shares during the last quarter. Woodline Partners LP lifted its position in Carnival by 41.9% during the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after acquiring an additional 26,141 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in Carnival by 19.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,719 shares of the company’s stock valued at $161,000 after purchasing an additional 940 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Morgan Stanley set a $33.00 price objective on Carnival in a research note on Wednesday, January 7th. Stifel Nicolaus lifted their price objective on shares of Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Jefferies Financial Group upped their price objective on shares of Carnival from $34.00 to $37.00 and gave the company a “buy” rating in a report on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Carnival in a report on Friday, December 26th. Finally, Argus reaffirmed a “buy” rating and issued a $35.00 price target on shares of Carnival in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $35.00.

Carnival Price Performance

NYSE:CCL opened at $28.70 on Tuesday. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $32.89. The stock’s 50-day moving average price is $28.60 and its 200-day moving average price is $29.18. The stock has a market capitalization of $33.51 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 1.04 and a beta of 2.51.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The firm had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.38 billion. During the same period last year, the company posted $0.14 EPS. Carnival’s quarterly 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. As a group, equities analysts expect that Carnival Corporation will post 1.77 EPS for the current fiscal year.

Carnival Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend 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.