Carnival Corporation $CCL Shares Acquired by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund boosted its holdings in shares of Carnival Corporation (NYSE:CCL) by 20.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 158,100 shares of the company’s stock after purchasing an additional 26,500 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Carnival were worth $4,517,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Auto Owners Insurance Co boosted its stake in Carnival by 2,954.0% in the fourth quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock valued at $60,625,000 after acquiring an additional 19,201,000 shares during the period. Viking Global Investors LP acquired a new stake in Carnival during the fourth quarter valued at approximately $429,448,000. Pacer Advisors Inc. boosted its position in shares of Carnival by 2,432.8% in the 4th quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock valued at $204,311,000 after purchasing an additional 6,425,822 shares during the period. Wellington Management Group LLP boosted its stake in Carnival by 99.6% in the 3rd quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock worth $351,535,000 after purchasing an additional 6,066,336 shares during the period. Finally, Victory Capital Management Inc. boosted its position in Carnival by 1,619.1% during the 4th quarter. Victory Capital Management Inc. now owns 5,132,270 shares of the company’s stock worth $156,740,000 after acquiring an additional 4,833,723 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Price Performance

Shares of NYSE CCL opened at $28.40 on Friday. The stock has a market capitalization of $38.90 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.22 and a beta of 2.35. Carnival Corporation has a fifty-two week low of $23.45 and a fifty-two week high of $34.03. The business has a 50-day moving average of $27.96 and a 200-day moving average of $27.86. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The firm had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.69 billion. During the same quarter last year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, sell-side analysts predict that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Carnival Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. Carnival’s payout ratio is currently 27.03%.

Insider Activity

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares in the company, valued at approximately $1,945,587.80. This represents a 38.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 7.90% of the company’s stock.

Wall Street Analysts Forecast Growth

CCL has been the subject of several recent research reports. Freedom Capital raised Carnival to a “strong-buy” rating in a research note on Wednesday, June 3rd. BMO Capital Markets assumed coverage on Carnival in a research report on Tuesday, July 7th. They set a “market perform” rating and a $30.00 price objective on the stock. Tigress Financial increased their price objective on Carnival from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Sanford C. Bernstein downgraded shares of Carnival from a “market perform” rating to a “market perform” rating in a research report on Tuesday, June 23rd. Finally, Melius Research set a $36.00 target price on shares of Carnival in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.08.

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.