Voloridge Investment Management Reduces $11M in Carnival Corporation Ltd. ($CCL)

Voloridge Investment Management has reduced its holdings in Carnival Corporation Ltd. (NYSE: CCL) according to its latest 13F filing with the SEC. The fund cut its position by 340,067 shares, a 13.4% decrease, leaving it with 2,205,208 shares valued at approximately $68.3 million as of the end of the reporting period.

What Changed in Voloridge's Carnival Corporation Position

Voloridge Investment Management trimmed its stake in Carnival Corporation from 2,545,275 shares to 2,205,208 shares, a reduction of 13.4%. This move decreased the fund's exposure to the cruise operator, with the remaining shares now valued at about $68.3 million.

Other Institutional Activity in Carnival Corporation

Several other institutional investors have been active in Carnival Corporation. BlackRock, Inc. increased its holdings by 6,275,763 shares, ending with 89,979,406 shares worth approximately $2.33 billion. Vanguard Capital Management LLC established a position with 73,474,107 shares valued at about $1.9 billion. Similarly, Vanguard Portfolio Management LLC now holds 54,775,945 shares valued at around $1.42 billion. State Street Corp added 2,164,352 shares, bringing its total to 50,238,525 shares worth $1.3 billion. Causeway Capital Management LLC also boosted its position by 3,151,811 shares, now owning 37,096,593 shares valued at $960 million.

Carnival Corporation Stock Snapshot

Shares of Carnival Corporation (NYSE: CCL) are trading near $30.99. The company boasts a market cap of $42.8 billion, with a P/E ratio of 13.61 and a forward P/E of 11.84. The stock's beta is 2.33, indicating higher volatility compared to the market. Carnival's 52-week trading range is between $22.58 and $34.03, with a 50-day moving average of $27.03 and a 200-day moving average of $28.38.

Recent Earnings

Carnival Corporation reported revenue of $26.98 billion, with a growth rate of 6.1%. The company's net margin stands at 11.48%, and its return on equity is 27.85%. The next earnings release is scheduled for June 23, 2026.

Dividend

Carnival Corporation offers an annual dividend rate of $0.30, yielding 0.97%. The dividend payout ratio is 6.61%.

Insider Buying and Selling at Carnival Corporation Ltd.

Recent insider activity at Carnival Corporation includes several sales. On May 28, 2026, Chief Human Resources Officer Bettina Alejandra Deynes sold 43,058 shares at an average price of $28.10. Earlier, on May 11, 2026, multiple insiders, including Katie Lahey and Nelda Connors, sold 616 shares each at $26.38.

Analysts Set New Price Targets

On June 16, 2026, Citigroup maintained a 'buy' rating for Carnival Corporation, with a price target of $37. Stifel reiterated its 'buy' rating on June 12, 2026, setting a target of $36. Freedom Broker and Loop Capital both initiated coverage with 'buy' ratings and targets of $35 and $36, respectively. The consensus among 24 analysts is a 'buy', with a mean target price of $34.63.

About Carnival Corporation

Carnival Corporation Ltd. is a major player in the leisure travel industry, primarily operating cruise services. Headquartered in Miami, Florida, the company runs a variety of brands, including Carnival Cruise Line and Princess Cruises, and serves markets in North America, Europe, and beyond. With a workforce of 160,000, it offers diverse vacation experiences and manages several port destinations and related facilities.

Bottom Line

Voloridge Investment Management's decision to reduce its stake in Carnival Corporation highlights the dynamic nature of institutional investment strategies. As a major player in the cruise industry, Carnival continues to attract attention from investors and analysts alike. Remember, 13F filings reflect past holdings and may not indicate current positions.