Wedge Capital Management L L P NC Acquires 91,117 Shares of Carnival Corporation $CCL

Wedge Capital Management L L P NC increased its stake in shares of Carnival Corporation (NYSE:CCL) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,421,619 shares of the company’s stock after acquiring an additional 91,117 shares during the quarter. Carnival comprises about 0.8% of Wedge Capital Management L L P NC’s portfolio, making the stock its 29th largest holding. Wedge Capital Management L L P NC owned approximately 0.12% of Carnival worth $43,416,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Net Worth Advisory Group increased its holdings in shares of Carnival by 2.9% in the fourth quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock worth $378,000 after purchasing an additional 354 shares during the last quarter. Mather Group LLC. grew its holdings in Carnival by 5.9% during the 4th quarter. Mather Group LLC. now owns 11,888 shares of the company’s stock valued at $363,000 after buying an additional 659 shares in the last quarter. CVA Family Office LLC raised its holdings in shares of Carnival by 15.6% during the 4th quarter. CVA Family Office LLC now owns 2,597 shares of the company’s stock worth $79,000 after acquiring an additional 350 shares in the last quarter. Czech National Bank boosted its position in shares of Carnival by 3.8% during the 4th quarter. Czech National Bank now owns 286,286 shares of the company’s stock valued at $8,743,000 after acquiring an additional 10,545 shares during the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. purchased a new position in shares of Carnival in the fourth quarter valued at $407,000. 67.19% of the stock is currently owned by institutional investors.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Q1 beat on both EPS and revenue; strong demand and record bookings support medium‑term revenue growth. Carnival reported non‑GAAP EPS of ~$0.20 and revenue of ~$6.17B, topping consensus and citing stronger onboard spend and bookings. Read More.
• Positive Sentiment: Management authorized a $2.5B share buyback and highlighted improving cash flow/return to profitability — actions that are shareholder friendly and underpin upside if fuel pressure eases. Read More.
• Positive Sentiment: Analyst support: Mizuho raised its price target and maintained an outperform stance, and multiple firms continue to issue buy/overweight ratings — providing potential price support. Read More.
• Neutral Sentiment: Macro market moves are amplifying stock volatility today (broad indices down, oil rally lifting energy). That can exacerbate sector moves even when company fundamentals are mixed. Read More.
• Neutral Sentiment: Mixed financial metrics: top‑line growth and improved cash generation contrast with declines in operating/net income versus year‑ago levels — investors will watch margin trends and guidance cadence. Read More.
• Negative Sentiment: Company cut full‑year profit guidance, explicitly citing surging fuel costs driven by Middle East geopolitical tensions (management flagged a sizable fuel bill increase). That guidance reduction is the primary driver of the share decline. Read More.
• Negative Sentiment: Fuel expense hit: coverage cites fuel costs rising to roughly $2.15B and warns higher fuel will weigh on FY26 results — a direct margin headwind for a fuel‑intensive operator. Read More.
• Negative Sentiment: Market reaction: shares fell despite the beat because investors focused on the guidance cut and macro‑driven oil spike — illustrating sensitivity to commodity and geopolitical risk. Read More.

Carnival Stock Down 4.5%

Shares of NYSE CCL opened at $24.15 on Friday. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $34.03. The firm has a 50-day simple moving average of $28.95 and a two-hundred day simple moving average of $28.85. The company has a market cap of $29.93 billion, a P/E ratio of 12.08, a PEG ratio of 1.05 and a beta of 2.42. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The firm had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. During the same period in the prior year, the business posted $0.13 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. Research analysts anticipate that Carnival Corporation will post 1.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CCL. Wells Fargo & Company lifted their price objective on shares of Carnival from $38.00 to $40.00 and gave the stock an “overweight” rating in a research note on Thursday, March 5th. Zacks Research lowered Carnival from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carnival in a research note on Friday, December 26th. Citigroup boosted their target price on Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Finally, Stifel Nicolaus lowered their price target on Carnival from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, March 11th. Nineteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.41.

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.