Carnival Corporation $CCL Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its stake in Carnival Corporation (NYSE:CCL) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 464,850 shares of the company’s stock after purchasing an additional 20,048 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Carnival were worth $14,197,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. State of Michigan Retirement System lifted its holdings in Carnival by 1.2% in the fourth quarter. State of Michigan Retirement System now owns 324,344 shares of the company’s stock worth $9,905,000 after purchasing an additional 4,000 shares during the period. Deltec Asset Management LLC lifted its holdings in Carnival by 11.6% in the fourth quarter. Deltec Asset Management LLC now owns 654,694 shares of the company’s stock worth $19,994,000 after purchasing an additional 68,234 shares during the period. Inscription Capital LLC lifted its holdings in Carnival by 72.5% in the fourth quarter. Inscription Capital LLC now owns 49,776 shares of the company’s stock worth $1,520,000 after purchasing an additional 20,921 shares during the period. Elevated Financial Group LLC acquired a new stake in Carnival in the fourth quarter worth about $372,000. Finally, Vanguard Group Inc. lifted its holdings in Carnival by 0.3% in 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 during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Key Stories Impacting Carnival

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

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 11,988 shares of the 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 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 7.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CCL shares. Wells Fargo & Company dropped their price target on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Zacks Research cut shares of Carnival from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Sanford C. Bernstein dropped their price target on shares of Carnival from $33.00 to $28.70 and set a “market perform” rating on the stock in a research report on Monday, March 30th. HSBC upgraded shares of Carnival from a “hold” rating to a “buy” rating and dropped their price target for the stock from $33.60 to $30.10 in a research report on Monday, March 30th. Finally, Susquehanna dropped their price target on shares of Carnival from $40.00 to $30.00 and set a “positive” rating on the stock in a research report on Monday, March 23rd. Twenty-one analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.99.

Carnival Trading Up 0.6%

NYSE:CCL opened at $26.67 on Friday. 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 fifty-two week low of $19.02 and a fifty-two week high of $34.03. The stock’s 50-day moving average is $27.02 and its two-hundred day moving average is $28.33. The stock has a market cap of $33.04 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 1.17 and a beta of 2.33.

Carnival (NYSE:CCL) last released its earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. Carnival had a return on equity of 26.92% and a net margin of 11.48%.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 business posted $0.13 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. As a group, equities research analysts forecast that Carnival Corporation will post 2.23 earnings per share for the current fiscal 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.