Carnival Corporation $CCL Stock Holdings Increased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its stake in shares of Carnival Corporation (NYSE:CCL) by 8.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 239,558 shares of the company’s stock after purchasing an additional 18,711 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Carnival were worth $6,926,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. State of Michigan Retirement System lifted its position in Carnival by 9.9% during the 2nd quarter. State of Michigan Retirement System now owns 312,244 shares of the company’s stock worth $8,780,000 after acquiring an additional 28,000 shares during the last quarter. AustralianSuper Pty Ltd bought a new position in shares of Carnival in the second quarter worth about $37,880,000. National Pension Service lifted its position in shares of Carnival by 10.8% during the 3rd 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. Oppenheimer Asset Management Inc. lifted its position in shares of Carnival by 30.9% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 100,983 shares of the company’s stock worth $2,840,000 after purchasing an additional 23,866 shares during the last quarter. Finally, Convergence Investment Partners LLC bought a new stake in Carnival during the 2nd quarter valued at approximately $734,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Carnival Trading Down 3.0%

Shares of Carnival stock opened at $31.57 on Friday. Carnival Corporation has a 52-week low of $15.07 and a 52-week high of $34.03. The firm has a market capitalization of $39.04 billion, a PE ratio of 15.78, a price-to-earnings-growth ratio of 1.19 and a beta of 2.49. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28. The company’s fifty day moving average price is $30.74 and its two-hundred day moving average price is $29.47.

Carnival (NYSE:CCL) last issued its earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The business had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.38 billion. During the same period in the previous year, the business earned $0.14 EPS. The firm’s revenue was up 6.6% on a year-over-year basis. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, analysts expect that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.9%. Carnival’s dividend payout ratio is presently 30.00%.

Carnival News Summary

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Zacks added CCL to its list of top growth stocks (Zacks Rank #1), which can attract buy-side interest from momentum and growth-focused investors. Best Growth Stocks to Buy for February 19th
• Positive Sentiment: Zacks also included CCL on its value stock list (Zacks Rank #1), highlighting that some analysts view the shares as attractively priced relative to fundamentals. Best Value Stocks to Buy for February 19th
• Positive Sentiment: Analysis suggests Carnival may have a 2026 tailwind from lower fuel and favorable FX dynamics, which could materially improve margins and the forward earnings outlook. Is Carnival’s 2026 Fuel and FX Tailwind Meaningfully Altering The Investment Case For CCL?
• Neutral Sentiment: Carnival highlighted sustainability actions (food‑waste cuts) and fleet upkeep — positive for ESG profile and operating efficiency but unlikely to move near‑term results materially. Carnival Highlights Food Waste Cuts And Fleet Upkeep In Sustainability Push
• Neutral Sentiment: Sector context: peers like Royal Caribbean continuing strong performance provides a favorable demand backdrop for cruise operators, supporting medium‑term revenue and pricing strength. Royal Caribbean Is Cruising to a New All-Time High
• Negative Sentiment: Benzinga notes Carnival shares are down amid crude oil near six‑month highs, reviving investor concern over rising fuel expense—one of Carnival’s largest operating costs. Carnival Stock Is Falling Thursday: What’s Driving The Action?
• Negative Sentiment: Zacks ran a note explaining why CCL dipped more than the broader market today, reinforcing that short‑term volatility is being driven by commodity price moves and macro sentiment. Why Carnival (CCL) Dipped More Than Broader Market Today

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Barclays dropped their price target on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Jefferies Financial Group boosted their target price on shares of Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. The Goldman Sachs Group reissued a “buy” rating and issued a $34.00 price target on shares of Carnival in a report on Monday, December 22nd. Wells Fargo & Company boosted their price objective on shares of Carnival from $35.00 to $38.00 and gave the stock an “overweight” rating in a report on Monday, December 22nd. Finally, Morgan Stanley set a $33.00 price objective on shares of Carnival in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.00.

About Carnival

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.