Perpetual Ltd Has $35.78 Million Stock Holdings in Carnival Corporation $CCL

Perpetual Ltd trimmed its holdings in shares of Carnival Corporation (NYSE:CCL) by 29.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,171,529 shares of the company’s stock after selling 499,435 shares during the period. Perpetual Ltd owned approximately 0.10% of Carnival worth $35,778,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. CVA Family Office LLC raised its position 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 valued at $79,000 after acquiring an additional 350 shares during the last quarter. Net Worth Advisory Group boosted its position in shares of Carnival by 2.9% in the 4th 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. Commonwealth Financial Services LLC boosted its position in shares of Carnival by 3.6% in the 3rd quarter. Commonwealth Financial Services LLC now owns 10,957 shares of the company’s stock worth $317,000 after purchasing an additional 379 shares during the last quarter. Brooklyn Investment Group grew its stake in shares of Carnival by 1.9% during the third quarter. Brooklyn Investment Group now owns 21,363 shares of the company’s stock worth $618,000 after purchasing an additional 396 shares during the period. Finally, CIBC Asset Management Inc grew its stake in shares of Carnival by 0.3% during the third quarter. CIBC Asset Management Inc now owns 147,728 shares of the company’s stock worth $4,271,000 after purchasing an additional 398 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. TD Cowen reissued a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Stifel Nicolaus decreased their target price on Carnival from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, March 11th. Sanford C. Bernstein lowered their price target on Carnival from $33.00 to $28.70 and set a “market perform” rating for the company in a research note on Monday, March 30th. Bank of America increased their price target on shares of Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, Citigroup reduced their price objective on shares of Carnival from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Twenty-one research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Carnival presently has an average rating of “Moderate Buy” and a consensus target price of $34.17.

Insider Buying and Selling

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of Carnival stock in a transaction that occurred on 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 owned 52,601 shares of the company’s stock, valued at approximately $1,377,620.19. The trade was a 18.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 7.90% of the company’s stock.

Carnival News Summary

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival reported a Q1 beat (non‑GAAP EPS $0.20 vs. $0.18 consensus) with revenue up ~6% and reiterated strong booking momentum — fundamentals support upside if demand and yields hold. Q1 Deep Dive
• Positive Sentiment: Management’s PROPEL plan targets >50% EPS growth by 2029, signaling potential meaningful margin/earnings upside if pricing, ancillary spend and cost initiatives execute. PROPEL Analysis
• Neutral Sentiment: Consensus remains constructive but mixed: the stock carries many buy/overweight ratings and several price targets above current levels, yet analysts’ views and targets vary — creates both upside scenarios and execution risk. MarketBeat Consensus
• Negative Sentiment: Macro/energy is the main near‑term headwind — oil rebounded above $100/bbl amid Middle East tensions, reviving concerns about Carnival’s fuel exposure and limited hedging and pressuring margins and sentiment. 24/7 Wall St. Fuel Story
• Negative Sentiment: Market commentary highlights Carnival’s light fuel hedges — analysts note the stock reacts strongly to daily oil moves, making headlines about crude a key driver independent of demand strength. QuiverQuant Oil Analysis
• Negative Sentiment: Insider selling: director Sir Jonathon Band sold ~12,000 shares (~$314k), a disclosure that can amplify negative sentiment during sector weakness. InsiderTrades Sale
• Negative Sentiment: Competitive/profitability pressure: analysis comparing Royal Caribbean and Carnival highlights Royal Caribbean’s higher margins and premium positioning — a reminder Carnival’s valuation advantage may be offset by lower long‑term returns if yield/mix don’t improve. Fool: Royal Caribbean vs Carnival
• Negative Sentiment: Some analyst notes and target trims add pressure despite buys — mixed broker moves keep near‑term sentiment fragile even after the beat. Analyst Notes

Carnival Stock Up 0.0%

NYSE:CCL opened at $25.65 on Friday. Carnival Corporation has a 1 year low of $15.07 and a 1 year high of $34.03. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 1.82. The stock has a market cap of $31.78 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 1.11 and a beta of 2.48. The stock has a 50-day moving average price of $28.66 and a two-hundred day moving average price of $28.64.

Carnival (NYSE:CCL) last released its quarterly earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The company had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same quarter last year, the firm posted $0.13 earnings per share. Carnival’s revenue was up 6.1% compared to the same quarter last year. As a group, equities analysts expect that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Company 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.