Carnival Corporation $CCL Shares Sold by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC reduced its holdings in Carnival Corporation (NYSE:CCL) by 25.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,330,502 shares of the company’s stock after selling 449,374 shares during the quarter. Wedge Capital Management L L P NC owned 0.11% of Carnival worth $38,465,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cyndeo Wealth Partners LLC bought a new position in shares of Carnival in the third quarter worth $247,000. AdvisorNet Financial Inc lifted its holdings in Carnival by 43.7% in the third quarter. AdvisorNet Financial Inc now owns 3,749 shares of the company’s stock worth $108,000 after purchasing an additional 1,140 shares during the period. Bay Harbor Wealth Management LLC grew its position in Carnival by 7,195.8% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 3,502 shares of the company’s stock valued at $101,000 after buying an additional 3,454 shares in the last quarter. Voya Investment Management LLC grew its position in Carnival by 458.0% in the 3rd quarter. Voya Investment Management LLC now owns 2,246,348 shares of the company’s stock valued at $64,942,000 after buying an additional 1,843,770 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in Carnival by 6.7% during the 3rd quarter. Wedmont Private Capital now owns 20,180 shares of the company’s stock valued at $579,000 after buying an additional 1,265 shares during the period. Institutional investors own 67.19% of the company’s stock.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Q4 EPS beat and record 2025 profits — Carnival reported stronger-than-expected adjusted EPS and posted record full-year profits driven by higher yields, rising demand and cost discipline; investors view the earnings surprise as confirmation of the recovery thesis. Zacks: Carnival Q4 Earnings Beat
• Positive Sentiment: Dividend reinstated — Management announced the return of a cash dividend, a visible shift toward returning capital that buoyed investor sentiment and supports multiple expansion. Proactive: Dividend Return & Single Listing Plan
• Positive Sentiment: FY2026 guidance above Street — Carnival set FY2026 EPS at $2.48, ahead of consensus (~$2.41), signaling confidence in pricing power and demand resilience into next year. Reuters: Forecast Above Estimates
• Positive Sentiment: Proposal to unify listings — Carnival proposed a plan to move to a single NYSE-listed share, which could improve liquidity and attract U.S.-centric investors if approved. Proactive: Single NYSE Listing
• Positive Sentiment: Analyst support — Multiple firms reiterated buy ratings or bullish notes after the results and outlook, reinforcing positive analyst momentum. TipRanks: Analyst Commentary
• Neutral Sentiment: Unusual options activity — Call buying spiked intraday (large increase in call volume), indicating speculative bullish interest that can amplify moves but may reverse quickly.
• Neutral Sentiment: Management interviews and color — CEO interviews provided supportive commentary on consumer demand and pricing; useful for sentiment but not new fundamentals. YouTube: CEO Interview
• Negative Sentiment: Revenue slightly missed estimates and Q1 guide soft vs. consensus — Q4 revenue came in marginally below Street expectations and Q1 2026 EPS guidance (0.17) is a tick under consensus (0.18), giving short-term ammunition to skeptics about near-term momentum. Press Release / Slide Deck

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CCL shares. Stifel Nicolaus upped their price target on shares of Carnival from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. Wolfe Research restated an “outperform” rating on shares of Carnival in a research report on Friday. Citigroup lowered their price target on Carnival from $38.00 to $36.00 and set a “buy” rating on the stock in a research report on Friday, December 12th. JPMorgan Chase & Co. boosted their price objective on Carnival from $34.00 to $39.00 and gave the stock an “overweight” rating in a research note on Monday, September 15th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carnival in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Carnival Price Performance

NYSE CCL opened at $31.13 on Friday. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $32.80. The business’s fifty day moving average is $27.26 and its two-hundred day moving average is $28.34. The stock has a market capitalization of $36.34 billion, a P/E ratio of 15.56, a P/E/G ratio of 0.58 and a beta of 2.53. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.34.

Carnival (NYSE:CCL) last issued its earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.38 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 EPS. 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 forecast that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

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.