Oak Thistle LLC Makes New Investment in Carnival Corporation $CCL

Oak Thistle LLC purchased a new position in Carnival Corporation (NYSE:CCL) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 99,348 shares of the company’s stock, valued at approximately $3,034,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CVA Family Office LLC grew its holdings in Carnival by 15.6% in the fourth quarter. CVA Family Office LLC now owns 2,597 shares of the company’s stock worth $79,000 after purchasing an additional 350 shares during the last quarter. Net Worth Advisory Group grew its holdings in shares of Carnival by 2.9% during the fourth quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock valued at $378,000 after buying an additional 354 shares during the last quarter. Commonwealth Financial Services LLC grew its holdings in shares of Carnival by 3.6% during the third quarter. Commonwealth Financial Services LLC now owns 10,957 shares of the company’s stock valued at $317,000 after buying an additional 379 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of Carnival by 1.9% during the third quarter. Brooklyn Investment Group now owns 21,363 shares of the company’s stock valued at $618,000 after buying an additional 396 shares during the last quarter. Finally, CIBC Asset Management Inc grew its holdings in shares of Carnival by 0.3% during the third quarter. CIBC Asset Management Inc now owns 147,728 shares of the company’s stock valued at $4,271,000 after buying an additional 398 shares during the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Stronger onboard spending, earlier bookings and higher pricing are driving yield growth into fiscal 2026, supporting revenue/margin upside and giving the company more pricing power into the year. Can Carnival’s Onboard Spending Momentum Sustain Yield Growth in FY26? (Yahoo Finance)
• Positive Sentiment: Some analysts and commentators view the recent pullback as a buying opportunity given Carnival’s recovery in demand and improving profitability metrics — a bullish, contrarian take that could support upside if execution continues. The Carnival Stock Price Plunge Is An Opportunity (Seeking Alpha)
• Neutral Sentiment: Company filings: Carnival reported unchanged balances under its 2014 Employee Share Plan — routine corporate housekeeping that has little direct impact on fundamentals. Carnival Leaves Employee Share Plan Balance Unchanged (TipRanks)
• Neutral Sentiment: Employee Stock Purchase Plan update: reporting of recent share usage is procedural and not expected to move the stock materially. Carnival Reports Updated Share Usage Under Employee Stock Purchase Plan (TipRanks)
• Neutral Sentiment: Share capital and voting-rights update: an administrative disclosure on outstanding share counts and voting — watch for dilution signals but this update was routine. Carnival Updates Market on Share Capital and Voting Rights (TipRanks)
• Neutral Sentiment: A critical review piece compared Carnival with peers; it offers context but contains mixed conclusions rather than a clear catalyst. Critical Review: Lucky Strike Entertainment & Carnival (American Banking News)
• Negative Sentiment: Near-term margin pressure: analysts warn that fuel costs and softer near-term bookings could weigh on margins, prompting consolidation after a strong rally and raising downside risk if costs stay elevated. Carnival Stock Consolidates After Rally: How to Play Now (Zacks)
• Negative Sentiment: Longer-term uncertainty: commentary from The Motley Fool flags choppy waters ahead and cautions investors about variability in demand/costs that could cap near‑term upside. Where Will Carnival Corporation Stock Be in 3 Years? (The Motley Fool)
• Negative Sentiment: Market skepticism about buyback signaling: coverage that questions whether recent travel-sector buybacks reflect true confidence or cautious capital management could limit positive market reaction to capital-return moves. Nuclear, Pharma & Travel Buybacks: Confident or Cautious Signals? (MarketBeat)

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CCL. Sanford C. Bernstein dropped their price objective on shares of Carnival from $33.00 to $28.70 and set a “market perform” rating on the stock in a report on Monday, March 30th. TD Cowen reissued a “buy” rating on shares of Carnival in a report on Tuesday, January 13th. Wolfe Research reissued an “outperform” rating on shares of Carnival in a report on Friday, December 19th. HSBC raised shares of Carnival from a “hold” rating to a “buy” rating and dropped their price objective for the company from $33.60 to $30.10 in a report on Monday, March 30th. Finally, Weiss Ratings raised shares of Carnival from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. Twenty-one equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.17.

Insider Buying and Selling at Carnival

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total value of $313,965.72. Following the completion of the transaction, the director owned 52,601 shares in the company, valued at approximately $1,377,620.19. This represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 7.90% of the company’s stock.

Carnival Price Performance

NYSE:CCL opened at $25.19 on Wednesday. Carnival Corporation has a one year low of $16.33 and a one year high of $34.03. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The firm has a market cap of $31.21 billion, a price-to-earnings ratio of 11.19, a PEG ratio of 1.11 and a beta of 2.48. The firm’s fifty day moving average is $28.54 and its two-hundred day moving average is $28.53.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The company had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same period in the prior year, the company earned $0.13 earnings per share. The firm’s revenue was up 6.1% on a year-over-year basis. Research analysts expect that Carnival Corporation will post 1.77 EPS for the current year.

About Carnival

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.