Pacer Advisors Inc. Has $204.31 Million Stock Holdings in Carnival Corporation $CCL

Pacer Advisors Inc. increased its position in shares of Carnival Corporation (NYSE:CCL) by 2,432.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,689,954 shares of the company’s stock after acquiring an additional 6,425,822 shares during the quarter. Pacer Advisors Inc.’s holdings in Carnival were worth $204,311,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Viking Global Investors LP acquired a new stake in Carnival during the 4th quarter worth $429,448,000. Wellington Management Group LLP lifted 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 valued at $351,535,000 after acquiring an additional 6,066,336 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Carnival by 50.7% in the third quarter. Dimensional Fund Advisors LP now owns 14,510,016 shares of the company’s stock worth $419,573,000 after purchasing an additional 4,883,024 shares in the last quarter. Victory Capital Management Inc. lifted 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 buying an additional 4,833,723 shares in the last quarter. Finally, Norges Bank bought a new stake in Carnival during the fourth quarter worth about $124,201,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Sir Jonathon Band sold 11,988 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total transaction of $313,965.72. Following the completion of the transaction, the director directly owned 52,601 shares in the company, valued at $1,377,620.19. This trade represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. The trade was a 38.34% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 55,058 shares of company stock valued at $1,524,195. Insiders own 7.90% of the company’s stock.

Carnival Trading Up 3.4%

Shares of CCL stock opened at $30.92 on Friday. The firm has a market capitalization of $38.31 billion, a P/E ratio of 13.74, a P/E/G ratio of 1.32 and a beta of 2.32. Carnival Corporation has a twelve month low of $22.58 and a twelve month high of $34.03. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 1.82. The stock’s fifty day simple moving average is $27.22 and its 200 day simple moving average is $28.28.

Carnival (NYSE:CCL) last issued its earnings results on Friday, March 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $6.17 billion during the quarter, compared to analysts’ expectations of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.13 EPS. As a group, sell-side analysts predict that Carnival Corporation will post 2.22 EPS for the current fiscal year.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, May 18th. Carnival’s dividend payout ratio is presently 26.67%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CCL shares. Truist Financial dropped their price target on shares of Carnival from $30.00 to $29.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Wells Fargo & Company dropped their price target on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. The Goldman Sachs Group dropped their price objective on shares of Carnival from $34.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th. Mizuho upped their target price on Carnival from $38.00 to $39.00 and gave the company an “outperform” rating in a research report on Friday, March 27th. Finally, Weiss Ratings downgraded shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $34.94.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival’s Holland America Line said its flagship Rotterdam will debut in the Mediterranean for the fall 2027 season, adding new itineraries and broadening the company’s growth opportunities in a high-demand region. Article Title
• Positive Sentiment: Starboard partnered with Carnival Cruise Line and Diageo to launch a limited-edition Bulleit Bourbon across 14 ships, a brand-building move that could support onboard spending and premium revenue. Article Title
• Positive Sentiment: Shares also benefited from a broader rally in cruise and travel names after oil prices fell, which should ease one of Carnival’s biggest operating costs: fuel. Article Title
• Positive Sentiment: Investors are also positioning ahead of Carnival’s Q2 earnings report on June 23, with expectations centered on whether the company can beat estimates and extend its recent momentum. Article Title
• Neutral Sentiment: Analysts continue to see Carnival as a “moderate buy,” but recent coverage mostly reinforces existing optimism rather than delivering a major new catalyst. Article Title
• Neutral Sentiment: Multiple pre-earnings previews highlighted key metrics beyond revenue and EPS, suggesting the market is focused on execution, pricing power, and onboard spending trends rather than any single headline number. Article Title
• Negative Sentiment: With earnings due next week, some investors may stay cautious in case Carnival disappoints on margin guidance, fuel costs, or demand trends. Article Title

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.