Oak Thistle LLC Makes New Investment in Carnival Corporation $CCL

Oak Thistle LLC acquired a new position in Carnival Corporation (NYSE:CCL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 99,348 shares of the company’s stock, valued at approximately $3,034,000.

Several other institutional investors have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new stake in shares of Carnival during the second quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Carnival during the third quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. raised its stake in shares of Carnival by 381.0% during the fourth 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 raised its stake in shares of Carnival by 182.0% during the third 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 bought a new stake in shares of Carnival during the third quarter valued at approximately $30,000. Institutional investors own 67.19% of the company’s stock.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Stronger onboard spending, earlier bookings and higher pricing are driving yield growth into fiscal 2026, supporting revenue/margin upside and giving the company more pricing power into the year. Can Carnival’s Onboard Spending Momentum Sustain Yield Growth in FY26? (Yahoo Finance)
• Positive Sentiment: Some analysts and commentators view the recent pullback as a buying opportunity given Carnival’s recovery in demand and improving profitability metrics — a bullish, contrarian take that could support upside if execution continues. The Carnival Stock Price Plunge Is An Opportunity (Seeking Alpha)
• Neutral Sentiment: Company filings: Carnival reported unchanged balances under its 2014 Employee Share Plan — routine corporate housekeeping that has little direct impact on fundamentals. Carnival Leaves Employee Share Plan Balance Unchanged (TipRanks)
• Neutral Sentiment: Employee Stock Purchase Plan update: reporting of recent share usage is procedural and not expected to move the stock materially. Carnival Reports Updated Share Usage Under Employee Stock Purchase Plan (TipRanks)
• Neutral Sentiment: Share capital and voting-rights update: an administrative disclosure on outstanding share counts and voting — watch for dilution signals but this update was routine. Carnival Updates Market on Share Capital and Voting Rights (TipRanks)
• Neutral Sentiment: A critical review piece compared Carnival with peers; it offers context but contains mixed conclusions rather than a clear catalyst. Critical Review: Lucky Strike Entertainment & Carnival (American Banking News)
• Negative Sentiment: Near-term margin pressure: analysts warn that fuel costs and softer near-term bookings could weigh on margins, prompting consolidation after a strong rally and raising downside risk if costs stay elevated. Carnival Stock Consolidates After Rally: How to Play Now (Zacks)
• Negative Sentiment: Longer-term uncertainty: commentary from The Motley Fool flags choppy waters ahead and cautions investors about variability in demand/costs that could cap near‑term upside. Where Will Carnival Corporation Stock Be in 3 Years? (The Motley Fool)
• Negative Sentiment: Market skepticism about buyback signaling: coverage that questions whether recent travel-sector buybacks reflect true confidence or cautious capital management could limit positive market reaction to capital-return moves. Nuclear, Pharma & Travel Buybacks: Confident or Cautious Signals? (MarketBeat)

Carnival Stock Performance

Shares of NYSE:CCL opened at $25.19 on Wednesday. The company has a market capitalization of $31.21 billion, a price-to-earnings ratio of 11.19, a price-to-earnings-growth ratio of 1.11 and a beta of 2.48. Carnival Corporation has a 52 week low of $16.33 and a 52 week high of $34.03. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 1.82. The firm has a 50 day moving average of $28.54 and a 200 day moving average of $28.53.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Friday, March 27th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. Carnival’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.13 earnings per share. On average, sell-side analysts predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 11,988 shares of the business’s 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 completion of the transaction, the director owned 52,601 shares of the company’s stock, valued at $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 at the SEC website. 7.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. TD Cowen reaffirmed a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Argus reaffirmed a “buy” rating and set a $35.00 price target on shares of Carnival in a research note on Monday, December 22nd. Morgan Stanley raised shares of Carnival from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $33.00 to $31.00 in a research note on Thursday, March 19th. Wells Fargo & Company decreased their price target on shares of Carnival from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Finally, HSBC raised shares of Carnival from a “hold” rating to a “buy” rating and decreased their price target for the company from $33.60 to $30.10 in a research note on Monday, March 30th. Twenty-one analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.17.

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.