Earnest Partners LLC Sells 44,420 Shares of Carnival Corporation $CCL

Earnest Partners LLC lessened its position in shares of Carnival Corporation (NYSE:CCL) by 0.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,725,317 shares of the company’s stock after selling 44,420 shares during the quarter. Earnest Partners LLC’s holdings in Carnival were worth $136,609,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CCL. Evolution Wealth Management Inc. acquired a new position in shares of Carnival in the second quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Carnival by 182.0% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock worth $30,000 after buying an additional 659 shares in the last quarter. LRI Investments LLC bought a new stake in Carnival in the 3rd quarter valued at $30,000. Johnson Financial Group Inc. bought a new stake in Carnival in the 3rd quarter valued at $32,000. Finally, Farmers & Merchants Investments Inc. raised its stake in shares of Carnival by 140.6% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock valued at $44,000 after buying an additional 886 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Seabourn (Carnival’s luxury brand) unveiled a new high‑end “Denali Experience” pre‑cruise program for Alaska in 2027–28 — a small but constructive product expansion that supports higher‑margin, premium offerings. Seabourn Denali Experience
• Neutral Sentiment: A valuation piece reviews CCL after recent share cooling, noting mixed momentum (short‑term weakness but positive 1‑year performance) — useful context but not an immediate catalyst. Assessing Carnival Valuation
• Negative Sentiment: Industry news: Royal Caribbean plunged after an oil spike tied to Iran tanker strikes; reports note Carnival also fell and may be more exposed if it lacks fuel hedges — rising bunker costs threaten margins and drive near‑term downside. RCL Oil Spike / Impact on Carnival
• Negative Sentiment: Market coverage: Benzinga and Zacks reported CCL sliding as Middle East tensions lifted oil and investors sold into the risk — these stories reflect momentum selling and sentiment shifts that can exacerbate price moves. Benzinga: Stock Slides as Oil Rises Zacks: CCL Declines
• Negative Sentiment: Analyst pressure: The Goldman Sachs Group issued a pessimistic forecast for CCL and Stifel lowered its price target to $35 — analyst downgrades/target cuts increase selling pressure and can influence institutional flows. Goldman Sachs Forecast Stifel Lowers Price Target

Analyst Upgrades and Downgrades

CCL has been the topic of several recent research reports. Mizuho lifted their target price on shares of Carnival from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. Citigroup raised their price target on shares of Carnival from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Barclays decreased their price objective on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. The Goldman Sachs Group dropped their target price on Carnival from $34.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company raised their target price on Carnival from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Thursday, March 5th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Carnival has a consensus rating of “Moderate Buy” and a consensus price target of $34.70.

Carnival Price Performance

Shares of CCL stock opened at $23.97 on Friday. The firm has a market cap of $29.70 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 0.90 and a beta of 2.42. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $34.03. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The stock has a 50-day moving average price of $30.19 and a 200 day moving average price of $29.31.

Carnival (NYSE:CCL) last released its earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The company had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company 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. Research analysts expect that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.5%. The ex-dividend date was Friday, February 13th. Carnival’s dividend payout ratio is currently 30.00%.

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.