21,696 Carnival Corporation $CCL Shares Purchased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC grew its stake in Carnival Corporation (NYSE:CCL) by 71.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,239 shares of the company’s stock after purchasing an additional 21,696 shares during the period. Lebenthal Global Advisors LLC’s holdings in Carnival were worth $1,282,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its holdings in shares of Carnival by 5.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 15,904,029 shares of the company’s stock worth $411,372,000 after purchasing an additional 834,885 shares during the period. Amundi lifted its stake in shares of Carnival by 67.3% in the second quarter. Amundi now owns 6,770,304 shares of the company’s stock valued at $193,428,000 after buying an additional 2,723,171 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Carnival by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 5,608,651 shares of the company’s stock valued at $145,152,000 after buying an additional 278,758 shares during the period. Assenagon Asset Management S.A. grew its position in Carnival by 11.4% during the second quarter. Assenagon Asset Management S.A. now owns 4,687,038 shares of the company’s stock worth $133,909,000 after buying an additional 480,097 shares in the last quarter. Finally, Hound Partners LLC grew its position in Carnival by 27.9% during the first quarter. Hound Partners LLC now owns 4,514,839 shares of the company’s stock worth $116,844,000 after buying an additional 985,772 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Carnival

In related news, Director Helen Deeble sold 25,000 shares of the stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $27.75, for a total value of $693,750.00. Following the completion of the transaction, the director owned 63,505 shares of the company’s stock, valued at $1,762,263.75. This represents a 28.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CCL. Freedom Broker boosted their price target on Carnival from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. BNP Paribas Exane cut their price target on Carnival from $33.00 to $31.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. Truist Financial raised their price objective on Carnival from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, July 23rd. Morgan Stanley lifted their price objective on Carnival from $31.00 to $32.50 and gave the stock an “overweight” rating in a report on Tuesday, September 29th. Finally, Weiss Ratings lowered Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.14.

Carnival News Summary

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Dividend reinforces shareholder-return story: Carnival’s board declared a quarterly dividend of $0.15 per share. The announcement has renewed investor interest, particularly because shares have rallied 26.7% over the past month while still showing a year-to-date decline, suggesting potential recovery room. Carnival Could Be 25% Undervalued Following Its Fresh Dividend Declaration
• Positive Sentiment: Positive read-through from cruise peers: Norwegian Cruise Line’s stronger-than-expected results and improved full-year outlook lifted the broader cruise group, while Royal Caribbean also advanced. The results suggest resilient travel demand and improving operating trends across the industry, benefiting Carnival by association. Norwegian Surges as Earnings Beat Lifts Full-Year Outlook
• Positive Sentiment: Fleet investment supports guest experience: Princess Cruises, Carnival’s brand, completed a two-week drydock renovation of Royal Princess, adding a Sanctuary Collection and upgrading dining, entertainment, casino and retail areas. These enhancements could support pricing, customer satisfaction and onboard revenue over time. Royal Princess Emerges from Drydock with New Sanctuary Collection
• Neutral Sentiment: Fuel management remains a key swing factor: Carnival’s strategy emphasizes reducing fuel consumption, while competitors rely more heavily on hedging. Lower consumption could protect margins if fuel prices remain elevated, but the issue remains an important source of operating-cost uncertainty. Cruise Companies Aim to Keep Fuel Costs Down
• Negative Sentiment: Director’s stock sale adds a cautionary signal: Director Helen Deeble sold 25,000 Carnival shares for approximately $693,750, reducing her direct ownership by 28.25%. While the transaction does not change Carnival’s fundamentals, insider selling can weigh on sentiment, particularly after the recent share-price rebound. Carnival Director Form 4 Filing

Carnival Trading Down 0.0%

Shares of Carnival stock opened at $28.83 on Friday. Carnival Corporation has a 52-week low of $21.45 and a 52-week high of $34.03. The firm has a market capitalization of $38.77 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 1.23 and a beta of 2.38. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.27 and a quick ratio of 0.23. The company’s fifty day moving average price is $24.85 and its two-hundred day moving average price is $27.12.

Carnival (NYSE:CCL) last released its quarterly earnings data on Tuesday, September 29th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. Carnival had a net margin of 11.37% and a return on equity of 24.83%. The company had revenue of $8.44 billion during the quarter, compared to the consensus estimate of $8.39 billion. During the same period last year, the firm earned $1.43 EPS. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. On average, analysts expect that Carnival Corporation will post 2.26 EPS for the current year.

Carnival Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 6th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, November 6th. Carnival’s dividend payout ratio is 26.20%.

Carnival Company Profile

Carnival Corporation & plc (NYSE: CCL) is one of the world’s largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company’s brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.

Carnival’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.