iA Global Asset Management Inc. Has $45,000 Holdings in Carnival Corporation $CCL

iA Global Asset Management Inc. decreased its holdings in Carnival Corporation (NYSE:CCL) by 99.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,722 shares of the company’s stock after selling 233,507 shares during the quarter. iA Global Asset Management Inc.’s holdings in Carnival were worth $45,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mad River Investors increased its holdings in Carnival by 0.4% in the first quarter. Mad River Investors now owns 156,181 shares of the company’s stock valued at $4,042,000 after purchasing an additional 585 shares during the period. Lansforsakringar Fondforvaltning AB publ lifted its holdings in Carnival by 15.1% during the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 291,418 shares of the company’s stock worth $7,542,000 after buying an additional 38,126 shares during the period. North Star Investment Management Corp. grew its position in shares of Carnival by 33.8% in the 1st quarter. North Star Investment Management Corp. now owns 2,445 shares of the company’s stock valued at $63,000 after buying an additional 617 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of Carnival by 8.6% in the 1st quarter. Apollon Wealth Management LLC now owns 32,456 shares of the company’s stock valued at $840,000 after buying an additional 2,576 shares during the last quarter. Finally, Patton Fund Management Inc. increased its stake in shares of Carnival by 10.1% in the first quarter. Patton Fund Management Inc. now owns 9,136 shares of the company’s stock valued at $236,000 after buying an additional 837 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Carnival

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the transaction, the insider owned 69,238 shares in the company, valued at $1,945,587.80. The trade was a 38.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.90% of the stock is owned by corporate insiders.

Carnival Stock Up 0.2%

Shares of NYSE:CCL opened at $27.95 on Friday. Carnival Corporation has a 1 year low of $23.45 and a 1 year high of $34.03. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29. The business’s 50-day moving average is $27.41 and its 200-day moving average is $28.47. The company has a market capitalization of $38.29 billion, a price-to-earnings ratio of 12.59, a P/E/G ratio of 1.23 and a beta of 2.32.

Carnival (NYSE:CCL) last released its earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The firm’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 earnings per share. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. Equities research analysts predict that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. Carnival’s dividend payout ratio (DPR) is 27.03%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CCL shares. Wall Street Zen downgraded Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Zacks Research raised shares of Carnival from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Stifel Nicolaus raised their price target on shares of Carnival from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Citigroup boosted their price target on shares of Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Finally, Sanford C. Bernstein lowered shares of Carnival from a “market perform” rating to a “market perform” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $35.23.

Carnival Company 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.