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

Oppenheimer Asset Management Inc. raised its holdings in Carnival Corporation (NYSE:CCL) by 22.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 114,120 shares of the company’s stock after purchasing an additional 20,623 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Carnival were worth $3,485,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. CVA Family Office LLC boosted its holdings in 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 holdings in Carnival by 2.9% in the 4th quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock valued at $378,000 after purchasing an additional 354 shares in the last quarter. Triad Wealth Partners LLC boosted its holdings in Carnival by 2.1% in the 4th 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 in the last quarter. Brooklyn Investment Group boosted its holdings in Carnival by 1.9% in the 3rd quarter. Brooklyn Investment Group now owns 21,363 shares of the company’s stock valued at $618,000 after purchasing an additional 396 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in Carnival by 0.3% in the 3rd quarter. CIBC Asset Management Inc now owns 147,728 shares of the company’s stock valued at $4,271,000 after purchasing an additional 398 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Price Performance

Shares of NYSE:CCL opened at $26.67 on Monday. The business’s 50 day simple moving average is $27.02 and its 200-day simple moving average is $28.32. The firm has a market capitalization of $33.04 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 1.17 and a beta of 2.33. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.30 and a quick ratio of 0.26. Carnival Corporation has a 12 month low of $19.02 and a 12 month high of $34.03.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.13 EPS. As a group, equities analysts forecast that Carnival Corporation will post 2.23 earnings per share for the current fiscal year.

Insider Activity

In related news, 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 transaction of $313,965.72. Following the completion of the transaction, the director directly owned 52,601 shares in the company, valued at $1,377,620.19. The trade was a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CCL has been the topic of a number of analyst reports. HSBC raised Carnival from a “hold” rating to a “buy” rating and lowered their price objective for the company from $33.60 to $30.10 in a report on Monday, March 30th. Wall Street Zen lowered Carnival from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Stifel Nicolaus decreased their price target on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Zacks Research lowered Carnival from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. Finally, UBS Group decreased their price target on Carnival from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Twenty-one analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Carnival presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.99.

Key Carnival News

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

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.