Oppenheimer Asset Management Inc. Boosts Stock Position in Carnival Corporation $CCL

Oppenheimer Asset Management Inc. boosted its holdings in Carnival Corporation (NYSE:CCL) by 22.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,120 shares of the company’s stock after buying an additional 20,623 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Carnival were worth $3,485,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in Carnival in the third quarter valued at $1,291,000. National Pension Service grew its holdings in shares of Carnival by 10.8% during the third quarter. National Pension Service now owns 2,795,560 shares of the company’s stock worth $80,820,000 after purchasing an additional 272,452 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Carnival by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock worth $3,913,190,000 after purchasing an additional 368,445 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Carnival by 5.6% during the third quarter. Russell Investments Group Ltd. now owns 1,774,765 shares of the company’s stock worth $51,867,000 after purchasing an additional 93,565 shares in the last quarter. Finally, Generali Asset Management SPA SGR acquired a new stake in shares of Carnival during the third quarter worth about $1,422,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Activity

In related 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 transaction, the director owned 52,601 shares of the company’s stock, valued at $1,377,620.19. This trade represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 7.90% of the stock is currently owned by corporate insiders.

Carnival News Roundup

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: UK court sanctioned Carnival’s DLC Unification and redomiciliation, clearing a major legal step to combine Carnival Corporation and Carnival plc and redomicile from Panama to Bermuda — this reduces structural complexity and may improve corporate governance, investor access and valuation multiple. Court Sanction of Scheme of Arrangement
• Positive Sentiment: An analyst note set a $33.99 target for CCL, signaling upside from current levels and potentially supporting buying interest if other catalysts align. Analysts Set Carnival Corporation (NYSE:CCL) Target Price at $33.99
• Positive Sentiment: Holland America Line (a Carnival brand) disclosed extended 2028 Grand Voyage itineraries (long, premium cruises) — a product upgrade that supports higher‑yield inventory and brand strength over time. Holland America Line Charts Six Continents and Rare and Renowned Ports in 2028 Grand Voyages
• Neutral Sentiment: Coverage pieces note Wall Street optimism toward Carnival; these editorial/analyst summaries can move sentiment but often lack immediate operational impact. Wall Street Bulls Look Optimistic About Carnival (CCL): Should You Buy?
• Neutral Sentiment: Market writeups explaining why CCL is trading up summarize recent catalysts (court sanction, analyst notes); they reinforce momentum but don’t add new fundamentals. Why Carnival (CCL) stock is trading up today
• Negative Sentiment: Analysts and comparisons to peers (e.g., Booking Holdings) highlight persistent risks for Carnival — fuel cost volatility, macro/currency exposure and discretionary‑spending sensitivity — which could pressure margins and multiples. Carnival vs. Booking: Which Travel Stock Holds the Stronger Position?
• Negative Sentiment: Recent intraday/near‑term pullbacks have occurred (reports of a recent dip), underscoring short‑term volatility and sensitivity to broader market moves. Carnival (CCL) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. UBS Group decreased their target price on Carnival from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Citigroup decreased their target price on Carnival from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Monday, March 30th. Susquehanna decreased their target price on Carnival from $40.00 to $30.00 and set a “positive” rating for the company in a research report on Monday, March 23rd. Finally, Barclays decreased their target price on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research report on Tuesday, March 24th. Twenty-one equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Carnival has an average rating of “Moderate Buy” and a consensus price target of $33.99.

Carnival Stock Performance

NYSE CCL opened at $26.67 on Monday. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 1.82. Carnival Corporation has a 52-week low of $19.02 and a 52-week high of $34.03. The business’s 50-day moving average price is $27.02 and its 200 day moving average price is $28.32. The firm has a market cap of $33.04 billion, a P/E ratio of 11.85, a P/E/G ratio of 1.17 and a beta of 2.33.

Carnival (NYSE:CCL) last released its quarterly 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. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The firm had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same quarter last year, the company posted $0.13 earnings per share. The business’s revenue was up 6.1% on a year-over-year basis. On average, equities research analysts expect that Carnival Corporation will post 2.23 earnings per share for the current year.

Carnival Company 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.