Corient Private Wealth LLC Raises Stock Position in Carnival Corporation $CCL

Corient Private Wealth LLC boosted its stake in Carnival Corporation (NYSE:CCL) by 23.8% in the fourth quarter, HoldingsChannel reports. The firm owned 276,752 shares of the company’s stock after acquiring an additional 53,275 shares during the period. Corient Private Wealth LLC’s holdings in Carnival were worth $8,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. BOCHK Asset Management Ltd bought a new position in shares of Carnival during the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Carnival in the third quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of Carnival in the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. increased its position in Carnival by 381.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after acquiring an additional 762 shares during the last quarter. Finally, Optima Capital LLC purchased a new stake in Carnival during the fourth quarter valued at $32,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival reported Q2 adjusted EPS of $0.41, ahead of estimates, with revenue of $6.66 billion and record net yields, showing resilient demand and solid pricing power.
• Positive Sentiment: The company highlighted record customer deposits, continued cost control, and ongoing deleveraging/share repurchases, which support the longer-term investment thesis.
• Neutral Sentiment: Jefferies said Carnival’s reduced fiscal 2026 guidance reflects near-term headwinds rather than a deterioration in the company’s long-term outlook, and it reiterated a Buy rating with a $35 price target. Article Title
• Neutral Sentiment: UBS warned that Carnival is unlikely to benefit much from an improvement in booking trends in 2026, suggesting limited near-term upside if demand stabilizes but does not accelerate sharply. Article Title
• Negative Sentiment: Management’s Q3 and full-year EPS guidance came in below Wall Street expectations, and the company cited geopolitical disruption in Europe/Mediterranean booking trends plus higher fuel costs as pressure points.
• Negative Sentiment: Several reports noted that investors sold the stock because the soft outlook overshadowed the earnings beat, indicating concern that strong current-quarter performance may not translate into faster earnings growth later this year.

Insider Transactions at Carnival

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the completion of the transaction, the insider owned 69,238 shares in the company, valued at $1,945,587.80. This trade represents a 38.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Sir Jonathon Band sold 11,988 shares of Carnival stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total value of $313,965.72. Following the completion of the sale, the director directly owned 52,601 shares in the company, valued at approximately $1,377,620.19. The trade was a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 55,058 shares of company stock worth $1,524,195 over the last quarter. 7.90% of the stock is owned by company insiders.

Carnival Price Performance

Shares of NYSE:CCL opened at $28.86 on Thursday. The firm has a market cap of $35.75 billion, a price-to-earnings ratio of 13.00, a P/E/G ratio of 1.27 and a beta of 2.32. The firm has a fifty day moving average price of $27.37 and a 200 day moving average price of $28.39. Carnival Corporation has a fifty-two week low of $23.45 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.26 and a current ratio of 0.33.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $6.66 billion for the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. Carnival’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 EPS. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, sell-side analysts expect that Carnival Corporation will post 2.22 earnings per share for the current fiscal year.

Carnival Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, May 18th. Carnival’s payout ratio is 26.67%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Loop Capital initiated coverage on Carnival in a research report on Monday, June 1st. They issued a “buy” rating and a $36.00 target price on the stock. Truist Financial reduced their price target on shares of Carnival from $30.00 to $29.00 and set a “hold” rating for the company in a research report on Friday, May 22nd. Sanford C. Bernstein cut shares of Carnival from a “market perform” rating to a “market perform” rating in a research note on Tuesday. Freedom Capital raised shares of Carnival to a “strong-buy” rating in a report on Wednesday, June 3rd. Finally, Zacks Research upgraded shares of Carnival from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.04.

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.