First Citizens Bank & Trust Co. Makes New Investment in Carnival Corporation $CCL

First Citizens Bank & Trust Co. bought a new stake in Carnival Corporation (NYSE:CCL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 47,164 shares of the company’s stock, valued at approximately $1,157,000.

Several other large investors also recently bought and sold shares of the company. 4WEALTH Advisors Inc. raised its stake in shares of Carnival by 14.2% during the 3rd quarter. 4WEALTH Advisors Inc. now owns 13,442 shares of the company’s stock worth $338,000 after buying an additional 1,674 shares during the last quarter. NorthCrest Asset Manangement LLC grew its stake in Carnival by 18.2% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 27,914 shares of the company’s stock valued at $685,000 after acquiring an additional 4,301 shares during the last quarter. Bullock Wealth Management Group grew its stake in Carnival by 2,587.0% in the 3rd quarter. Bullock Wealth Management Group now owns 2,687 shares of the company’s stock valued at $66,000 after acquiring an additional 2,587 shares during the last quarter. Riversedge Advisors LLC grew its stake in Carnival by 17.4% in the 3rd quarter. Riversedge Advisors LLC now owns 11,081 shares of the company’s stock valued at $272,000 after acquiring an additional 1,641 shares during the last quarter. Finally, Wedmont Private Capital increased its holdings in Carnival by 29.1% during the 3rd quarter. Wedmont Private Capital now owns 26,272 shares of the company’s stock valued at $645,000 after acquiring an additional 5,927 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CCL shares. Weiss Ratings cut shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. Tigress Financial reiterated a “buy” rating and issued a $42.00 price target on shares of Carnival in a research report on Tuesday. Mizuho lowered their price target on shares of Carnival from $39.00 to $38.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 30th. UBS Group reissued a “buy” rating and set a $36.00 price objective on shares of Carnival in a research note on Wednesday, September 30th. Finally, Barclays cut their price objective on Carnival from $35.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $34.14.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Record bookings and solid demand are strengthening the outlook for occupancy, pricing and revenue. Carnival’s latest quarterly results also exceeded consensus expectations, with earnings of $1.43 per share and revenue of $8.44 billion. What Carnival’s Record Q3 Earnings and Bookings Strength Means For Shareholders
• Positive Sentiment: Tigress Financial reaffirmed its Buy rating, adding support to investor sentiment as Carnival benefits from booking strength and earnings recovery. Tigress Financial Reaffirms Buy Rating for Carnival
• Positive Sentiment: New and expanded itineraries from Carnival’s Princess and Seabourn brands could help broaden future demand and booking opportunities, although the revenue impact is longer term. Carnival’s Princess Line Adds New Itineraries
• Neutral Sentiment: Carnival trades at roughly 11.6 times earnings, below the broader S&P 500 valuation. That discount may appeal to value investors, but the stock’s recent rally raises the question of whether much of the improved outlook is already reflected in the price. What Changed In Carnival’s Story?
• Negative Sentiment: Zacks Research made several mixed estimate revisions. FY2026 EPS increased modestly to $2.24, but forecasts were reduced for Q4 2026, Q1 2027, FY2027 and FY2028, including a cut in FY2028 EPS to $2.90. The changes suggest some caution about the pace of future earnings growth.

Carnival Stock Up 1.9%

Shares of NYSE:CCL opened at $26.45 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 1.54. Carnival Corporation has a 52-week low of $21.45 and a 52-week high of $34.03. The stock’s fifty day simple moving average is $24.83 and its 200-day simple moving average is $26.42. The company has a market capitalization of $35.57 billion, a P/E ratio of 10.91, a P/E/G ratio of 1.11 and a beta of 2.38.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Tuesday, September 29th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. The business had revenue of $8.44 billion for the quarter, compared to analyst estimates of $8.39 billion. Carnival had a return on equity of 24.83% and a net margin of 11.37%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. As a group, equities research analysts forecast that Carnival Corporation will post 2.26 earnings per share for the current fiscal year.

Carnival Profile

Carnival Corporation & plc (NYSE: CCL) is a global leisure travel company that operates cruise lines and related vacation businesses. Its brands offer ocean cruises, onboard entertainment, dining, accommodation, excursions and other travel experiences to passengers across a range of price points and destinations.

The company’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, P&O Cruises, P&O Cruises Australia, AIDA Cruises and Costa Cruises.