Carnival Corporation $CCL Stock Position Boosted by Causeway Capital Management LLC

Causeway Capital Management LLC boosted its stake in Carnival Corporation (NYSE:CCL) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,912,001 shares of the company’s stock after purchasing an additional 2,783,927 shares during the period. Carnival makes up about 12.2% of Causeway Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Causeway Capital Management LLC’s holdings in Carnival were worth $922,576,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Carnival by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after acquiring an additional 5,435 shares during the last quarter. Great Lakes Advisors LLC acquired a new stake in shares of Carnival in the 1st quarter valued at about $228,000. Empowered Funds LLC grew its stake in Carnival by 61.6% in the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock worth $594,000 after purchasing an additional 11,601 shares in the last quarter. Woodline Partners LP increased its holdings in Carnival by 41.9% in the first quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock valued at $1,729,000 after buying an additional 26,141 shares during the last quarter. Finally, Savant Capital LLC raised its stake in Carnival by 3.0% during the second quarter. Savant Capital LLC now owns 103,402 shares of the company’s stock valued at $2,908,000 after buying an additional 3,009 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CCL shares. Barclays dropped their price target on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Wall Street Zen raised shares of Carnival from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. William Blair reaffirmed an “outperform” rating on shares of Carnival in a research report on Tuesday, March 3rd. TD Cowen reiterated a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Finally, Bank of America lifted their target price on Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.09.

Carnival News Roundup

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival’s travel/hospitality exposure is being picked up by S&P 500-related funds, which can support demand for CCL shares through passive flows and index reweighting. Carnival Corporation (NYSE:CCL) Hospitality Travel Presence In S&P 500 Fund
• Neutral Sentiment: Carnival is celebrating the 20th anniversary of the Grand Turk Cruise Center, highlighting long-term port relationships and community engagement—positive PR but unlikely to move near-term fundamentals materially. Carnival Marks Grand Turk Milestone As Long Term Port Story Evolves
• Negative Sentiment: Surging oil prices tied to Iran/Middle East tensions are pressuring cruise operators’ margins and pushing travel stocks lower, a key driver of today’s selloff in CCL. CCL, RCL, NCLH Stocks Slammed as Oil Prices Surge and Geopolitical Tensions Roil Cruise Sector
• Negative Sentiment: Multiple market reports note that Mideast geopolitical developments lifted oil and pressured travel stocks this morning, contributing to CCL’s decline in early trading. Carnival Stock Falls As Mideast Tensions Push Oil Prices Higher
• Negative Sentiment: Analysts and market write-ups flag the travel sector as one of the worst-hit since the Iran war escalation; continued geopolitical risk and higher fuel costs could weigh on near-term bookings and margins. The 2 Worst-Hit Stocks Since the Iran War Started Drop Again. Why There’s Hope.
• Negative Sentiment: Carnival was listed among large-cap losers last week, reflecting recent investor caution around earnings, yields and geopolitical/sector headwinds—a reminder that downside momentum can persist. Celsius, Carnival Corp., MongoDB Are Among Top 10 Large Cap Losers Last Week (March 2-March 6)

Carnival Price Performance

Shares of NYSE:CCL opened at $26.35 on Tuesday. The firm’s 50 day moving average is $30.64 and its two-hundred day moving average is $29.48. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $34.03. The firm has a market capitalization of $32.65 billion, a P/E ratio of 13.18, a PEG ratio of 0.95 and a beta of 2.42. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96.

Carnival (NYSE:CCL) last released its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.38 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. Analysts anticipate that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, February 13th. Carnival’s payout ratio is 30.00%.

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.