Long Corridor Asset Management Ltd Has $7.23 Million Position in Carnival Corporation $CCL

Long Corridor Asset Management Ltd lessened its holdings in Carnival Corporation (NYSE:CCL) by 28.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 250,000 shares of the company’s stock after selling 100,000 shares during the period. Carnival comprises approximately 3.0% of Long Corridor Asset Management Ltd’s portfolio, making the stock its 11th biggest position. Long Corridor Asset Management Ltd’s holdings in Carnival were worth $7,228,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CCL. Vanguard Group Inc. lifted its stake in Carnival by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 127,764,837 shares of the company’s stock worth $3,693,681,000 after acquiring an additional 1,101,344 shares in the last quarter. State Street Corp grew its stake in Carnival by 3.5% during the 2nd quarter. State Street Corp now owns 45,523,890 shares of the company’s stock valued at $1,280,132,000 after acquiring an additional 1,531,495 shares in the last quarter. Geode Capital Management LLC grew its stake in Carnival by 7.4% during the 2nd quarter. Geode Capital Management LLC now owns 27,617,014 shares of the company’s stock valued at $773,398,000 after acquiring an additional 1,906,110 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Carnival by 50.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 14,510,016 shares of the company’s stock valued at $419,573,000 after purchasing an additional 4,883,024 shares during the period. Finally, Viking Global Investors LP increased its holdings in shares of Carnival by 6.4% in the 2nd quarter. Viking Global Investors LP now owns 13,207,267 shares of the company’s stock valued at $371,388,000 after purchasing an additional 798,450 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival News Roundup

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Wells Fargo raised its price target to $40 and kept an “overweight” rating, implying roughly 55% upside from recent levels — a clear analyst vote of confidence that can support buy-side interest. Wells Fargo raises PT and rating
• Positive Sentiment: Income/buy thesis picked up traction: Seeking Alpha highlights Carnival as a dividend-yielding, low-volatility buy, citing margin improvements, Celebration Key and a reinstated $0.15 quarterly dividend — these fundamentals can attract income-focused investors. Seeking Alpha: Dividend-buy thesis
• Neutral Sentiment: Competitor expansion: Royal Caribbean (RCL) is adding Discovery‑class ships, river cruises and private destinations to boost repeat demand — this signals strong industry demand but also intensifies competition for market share. Investors should view this as an industry growth indicator with mixed implications for CCL. RCL adds ships and destinations
• Neutral Sentiment: Luxury promotions: Seabourn launched suite upgrades and shipboard-credit offers to drive bookings in 2026+; niche marketing and promotional activity across luxury operators may pressure yields in specific itineraries but has limited direct impact on Carnival’s mass-market segments. Seabourn promotion
• Negative Sentiment: Oil and geopolitical risk are the main immediate headwinds: multiple pieces link rising WTI crude (near $85) and Strait of Hormuz disruptions from Middle East conflict to pressure cruise margins and route economics — investors are selling on higher fuel-cost risk. Benzinga: Why Carnival shares falling
• Negative Sentiment: Market reaction / price action coverage: Several outlets (Zacks, Yahoo Finance) flagged steeper-than-market declines in CCL, reinforcing negative momentum and potentially triggering technical selling. Yahoo/Zacks: CCL falls more steeply
• Negative Sentiment: Options and sentiment on fuel shock: Commentary on RCL options activity and oil-driven volatility highlights elevated hedging/trading around cruise names — a sign of short-term investor unease that typically spills over into CCL. Barchart: Oil shock and options activity

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Mizuho raised their price target on shares of Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. Wells Fargo & Company upped their price objective on shares of Carnival from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday. Wolfe Research reiterated an “outperform” rating on shares of Carnival in a research report on Friday, December 19th. Citigroup lifted their target price on shares of Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Finally, Truist Financial boosted their price target on shares of Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $35.09.

Carnival Trading Down 4.8%

Shares of NYSE CCL opened at $25.85 on Friday. The business has a 50 day simple moving average of $30.73 and a 200 day simple moving average of $29.50. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $34.03. The stock has a market cap of $32.03 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 0.95 and a beta of 2.42. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32.

Carnival (NYSE:CCL) last issued its quarterly earnings data 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. The firm had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. 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, research analysts predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. Carnival’s dividend payout ratio is currently 30.00%.

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.