J. Safra Sarasin Holding AG Makes New $1.11 Million Investment in Carnival Corporation $CCL

J. Safra Sarasin Holding AG purchased a new stake in shares of Carnival Corporation (NYSE:CCL) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 36,477 shares of the company’s stock, valued at approximately $1,114,000.

Several other large investors have also recently made changes to their positions in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Carnival during the third quarter valued at about $1,291,000. National Pension Service lifted its stake in shares of Carnival by 10.8% in the 3rd quarter. National Pension Service now owns 2,795,560 shares of the company’s stock valued at $80,820,000 after acquiring an additional 272,452 shares during the last quarter. Mane Global Capital Management LP bought a new stake in shares of Carnival in the 2nd quarter valued at about $55,952,000. Russell Investments Group Ltd. boosted its holdings in Carnival by 5.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,774,765 shares of the company’s stock valued at $51,867,000 after acquiring an additional 93,565 shares during the period. Finally, Generali Asset Management SPA SGR purchased a new stake in Carnival during the 3rd quarter valued at about $1,422,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Carnival News Summary

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Management’s PROPEL strategy targets >50% EPS growth by 2029, driven by strong bookings, pricing and yields — a clear long‑term upside thesis if execution and demand persist. CCL’s PROPEL Strategy Targets 50% EPS Growth: Is the Upside Realistic?
• Positive Sentiment: HSBC upgraded CCL to a Buy, giving the stock dealer support that can lift sentiment and attract flows. HSBC Upgrades Carnival Corporation (CCL)
• Positive Sentiment: Barclays initiated/issued a Buy on Carnival, another constructive analyst vote that can support near‑term demand for shares. Carnival (CCL) Gets a Buy from Barclays
• Neutral Sentiment: Sanford C. Bernstein maintained a more cautious stance (hold rating earlier) and recently adjusted coverage/price views; the firm’s stance moderates upside expectations. Bernstein Keeps Their Hold Rating on Carnival (CCL)
• Negative Sentiment: Citigroup issued a pessimistic forecast for CCL’s stock price, adding downward pressure from a major bank’s outlook. Citigroup Issues Pessimistic Forecast for Carnival (NYSE:CCL) Stock Price
• Negative Sentiment: Wells Fargo cut its price target to $37.00, signaling less upside from current levels and contributing to analyst‑driven selling pressure. Wells Fargo & Company Lowers Carnival (NYSE:CCL) Price Target to $37.00
• Negative Sentiment: Sanford C. Bernstein lowered its price target to $28.70, tightening the range of analyst upside and adding to cautious sentiment. Sanford C. Bernstein Lowers Carnival (NYSE:CCL) Price Target to $28.70
• Negative Sentiment: Q1 results: revenue roughly met expectations and EPS beat modestly, but management lowered near‑term guidance and warned of significant fuel cost headwinds — the main driver of near‑term downward revisions. CCL Q1 Deep Dive: Lowered Guidance and Fuel Costs Weigh on Cruise Giant’s Outlook
• Negative Sentiment: Commentators (TipRanks, MarketBeat) highlighted strong bookings but emphasized fuel and cautious guidance as reasons the stock sold off after earnings. Carnival Corporation Signals Strong Q1, Fuel Headwinds
• Negative Sentiment: Media/TV commentary (Jim Cramer) favored Viking over Carnival, a sentiment cue that can influence retail flows away from CCL. Jim Cramer Recommends Viking Holdings Over Carnival Corporation and Royal Caribbean

Analyst Ratings Changes

A number of equities analysts have commented on CCL shares. Argus reaffirmed a “buy” rating and issued a $35.00 price target on shares of Carnival in a research note on Monday, December 22nd. Mizuho increased their price objective on Carnival from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Morgan Stanley upgraded shares of Carnival from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $33.00 to $31.00 in a report on Thursday, March 19th. Zacks Research downgraded shares of Carnival from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Finally, William Blair reiterated an “outperform” rating on shares of Carnival in a report on Tuesday, March 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Carnival presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.17.

Carnival Stock Up 2.8%

CCL stock opened at $26.60 on Thursday. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $34.03. The business’s 50 day moving average price is $28.78 and its two-hundred day moving average price is $28.70. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The company has a market capitalization of $32.96 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 1.12 and a beta of 2.48.

Carnival (NYSE:CCL) last released its earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $6.13 billion. During the same quarter last year, the business posted $0.13 EPS. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. As a group, analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

About Carnival

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.