KLP Kapitalforvaltning AS Increases Position in Carnival Corporation $CCL

KLP Kapitalforvaltning AS boosted its holdings in shares of Carnival Corporation (NYSE:CCL) by 75,700.0% in the 4th quarter, Holdings Channel reports. The fund owned 379,000 shares of the company’s stock after acquiring an additional 378,500 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Carnival were worth $11,575,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BOCHK Asset Management Ltd purchased a new stake in Carnival during the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Carnival during the 3rd quarter valued at about $25,000. Newbridge Financial Services Group Inc. grew its stake in Carnival by 381.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after acquiring an additional 762 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in Carnival by 182.0% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after acquiring an additional 659 shares in the last quarter. Finally, LRI Investments LLC purchased a new stake in Carnival during the 3rd quarter valued at about $30,000. 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: Carnival expanded its Mexico maritime cadet apprenticeship program with Princess Cruises and the Maritime & Port University of Mexico, strengthening the company’s crew pipeline and workforce development—supportive for future operations and crew supply. Carnival Corporation Expands Mexico Maritime Cadet Apprenticeship Program
• Positive Sentiment: Princess Cruises’ Star Princess was named to Condé Nast Traveler’s 2026 Hot List—an endorsement that can boost bookings and pricing power for the brand. Star Princess Named to Condé Nast Traveler’s Prestigious 2026 Hot List
• Positive Sentiment: Holland America Line kicked off its 2026 Alaska season with more than 100 voyages, new shore excursions and enhanced onboard programming—evidence of strong seasonal capacity utilization and product refreshes across Carnival brands. Holland America Line Returns to Alaska with a Season of Elevated Exploration and Fresh Experiences
• Positive Sentiment: Seabourn announced a large 2028–2029 expedition program (including a Pole-to-Pole Grand Expedition), expanding higher‑margin luxury and expedition offerings that can lift future yields and bookings. SEABOURN ANNOUNCES NEW 2028-2029 EXPEDITION VOYAGES
• Positive Sentiment: A finance piece highlights Carnival’s S‑100 bridge simulator trials aimed at improving navigation safety and efficiency—initiatives that can reduce operational risk and support valuation upside if widely adopted. Carnival’s S‑100 Trials Highlight Safety Focus And Valuation Upside Potential
• Positive Sentiment: Media/analyst commentary (Motley Fool) calls Carnival a buy-on-the-dip, arguing valuation looks attractive versus next-year earnings—coverage that can attract value-oriented investors. 1 Magnificent Travel Stock Down Double Digits to Buy on the Dip as the Next Cruise Cycle Takes Off
• Neutral Sentiment: Princess Cruises will host an Alaska‑themed drone show in Seattle (marketing/local engagement). Good for brand visibility but limited direct revenue impact. Princess Cruises to Host Spectacular Alaska-Themed Drone Show from Seattle Center on May 1
• Neutral Sentiment: Analyst/comparison pieces (e.g., vs. Target Hospitality) provide broader context for investors but contain no new company‑specific operational risk or earnings revisions. Comparing Target Hospitality (NASDAQ:TH) and Carnival (NYSE:CCL)

Carnival Stock Performance

NYSE:CCL opened at $26.66 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. The firm has a market capitalization of $33.04 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 1.18 and a beta of 2.48. The company’s 50-day moving average is $27.58 and its two-hundred day moving average is $28.40. Carnival Corporation has a 1-year low of $17.33 and a 1-year high of $34.03.

Carnival (NYSE:CCL) last posted 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. The company had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. Carnival’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.13 EPS. Analysts forecast that Carnival Corporation will post 2.23 EPS for the current year.

Insiders Place Their Bets

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total value of $313,965.72. Following 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 7.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. UBS Group dropped their price objective on shares of Carnival from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Citigroup dropped their price objective on shares of Carnival from $39.00 to $35.00 and set a “buy” rating for the company in a research note on Monday, March 30th. TD Cowen reiterated a “buy” rating on shares of Carnival in a report on Tuesday, January 13th. Susquehanna decreased their target price on shares of Carnival from $40.00 to $30.00 and set a “positive” rating on the stock in a report on Monday, March 23rd. Finally, Wall Street Zen lowered shares of Carnival from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Twenty-one equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Carnival has a consensus rating of “Moderate Buy” and a consensus target price of $33.99.

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.