Rockefeller Capital Management L.P. grew its position in Carnival Corporation (NYSE:CCL – Free Report) by 70.2% in the fourth quarter, HoldingsChannel reports. The fund owned 696,693 shares of the company’s stock after acquiring an additional 287,413 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Carnival were worth $21,277,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the business. CVA Family Office LLC increased its stake in shares of Carnival by 15.6% in the 4th quarter. CVA Family Office LLC now owns 2,597 shares of the company’s stock valued at $79,000 after purchasing an additional 350 shares in the last quarter. Net Worth Advisory Group boosted its position in Carnival by 2.9% during the fourth quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock worth $378,000 after purchasing an additional 354 shares in the last quarter. Triad Wealth Partners LLC grew its holdings in Carnival by 2.1% in the fourth quarter. Triad Wealth Partners LLC now owns 17,464 shares of the company’s stock valued at $533,000 after purchasing an additional 358 shares during the period. Commerzbank Aktiengesellschaft FI increased its position in shares of Carnival by 3.5% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock valued at $322,000 after buying an additional 358 shares in the last quarter. Finally, StoneX Group Inc. increased its position in shares of Carnival by 4.9% in the fourth quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock valued at $242,000 after buying an additional 368 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Carnival
Here are the key news stories impacting Carnival this week:
- Positive Sentiment: Recent bullish commentary suggests Carnival could still have meaningful upside if strong cruise demand, pricing power, and easing energy costs continue to support results. Carnival Corporation: A 40 Percent Upside Scenario Is On The Table
- Positive Sentiment: Cruise stocks have recently rallied on lower oil prices and hopes for reduced geopolitical risk, which has helped sentiment around Carnival and the broader sector. Carnival Earnings Are a Big Test for the Cruise Stocks Rally
- Neutral Sentiment: Investors are waiting for Carnival’s quarterly update to answer key questions about revenue growth, margins, and the outlook for the rest of the year. Carnival (CCL) Reports Q2: Everything You Need To Know Ahead Of Earnings
- Neutral Sentiment: Market coverage ahead of the report highlights that Carnival’s earnings could be influenced by higher fuel prices, which may weigh on profitability even if demand stays solid. Carnival Q2 2026 earnings preview: Higher fuel prices expected to hurt earnings
- Negative Sentiment: Carnival’s shares also face pressure from Texas opening an investigation into a major April data breach, adding a fresh legal and reputational overhang. Carnival Stock (CCL) Drops as Texas Probes Massive April Data Breach
Insider Transactions at Carnival
Carnival Stock Down 2.3%
Shares of CCL opened at $30.15 on Tuesday. The stock has a 50 day moving average price of $27.33 and a 200 day moving average price of $28.35. Carnival Corporation has a one year low of $22.58 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 stock has a market capitalization of $37.36 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 1.36 and a beta of 2.32.
Carnival (NYSE:CCL – Get Free Report) last announced its earnings results on Friday, March 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $6.13 billion. During the same quarter in the previous year, the company posted $0.13 EPS. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. Equities research analysts forecast that Carnival Corporation will post 2.22 earnings per share for the current fiscal year.
Carnival Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, May 18th. Carnival’s dividend payout ratio is currently 26.67%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on CCL. UBS Group decreased their target price on Carnival from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Citigroup boosted their price target on shares of Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Zacks Research upgraded shares of Carnival from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Melius Research set a $36.00 target price on shares of Carnival in a research report on Wednesday, June 17th. Finally, Wall Street Zen cut shares of Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and a consensus price target of $34.94.
Read Our Latest Analysis on CCL
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.
Read More
- Five stocks we like better than Carnival
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
Want to see what other hedge funds are holding CCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carnival Corporation (NYSE:CCL – Free Report).
Receive News & Ratings for Carnival Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival and related companies with MarketBeat.com's FREE daily email newsletter.
