Riposte Capital LLC Invests $12.65 Million in Carnival Corporation $CCL

Riposte Capital LLC bought a new stake in shares of Carnival Corporation (NYSE:CCL) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 450,000 shares of the company’s stock, valued at approximately $12,654,000. Carnival comprises approximately 2.0% of Riposte Capital LLC’s portfolio, making the stock its 6th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in CCL. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Carnival in the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC boosted its stake in Carnival by 301.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 1,560 shares of the company’s stock valued at $44,000 after buying an additional 1,171 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in Carnival in the first quarter valued at $35,000. Banque Transatlantique SA acquired a new position in Carnival during the first quarter worth $33,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Carnival during the second quarter valued at $60,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Trading Down 1.9%

CCL opened at $25.51 on Wednesday. The stock has a market capitalization of $29.78 billion, a P/E ratio of 13.28, a P/E/G ratio of 0.48 and a beta of 2.53. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $32.80. The firm’s fifty day simple moving average is $27.31 and its 200 day simple moving average is $28.09.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of Carnival in a report on Tuesday, November 25th. Citigroup raised their price objective on shares of Carnival from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Tigress Financial boosted their target price on Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Stifel Nicolaus increased their price target on Carnival from $34.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on Carnival from $34.00 to $39.00 and gave the company an “overweight” rating in a research report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and an average price target of $33.63.

About Carnival

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.