Public Sector Pension Investment Board Boosts Stake in Carnival Corporation $CCL

Public Sector Pension Investment Board grew its position in shares of Carnival Corporation (NYSE:CCL) by 24.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,544 shares of the company’s stock after buying an additional 19,091 shares during the quarter. Public Sector Pension Investment Board’s holdings in Carnival were worth $2,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of CCL. Illinois Municipal Retirement Fund lifted its holdings in Carnival by 8.2% during the third quarter. Illinois Municipal Retirement Fund now owns 612,477 shares of the company’s stock worth $17,707,000 after acquiring an additional 46,165 shares during the period. Wedbush Securities Inc. raised its stake in shares of Carnival by 5.3% during the 3rd quarter. Wedbush Securities Inc. now owns 28,991 shares of the company’s stock worth $838,000 after purchasing an additional 1,451 shares during the period. Leuthold Group LLC boosted its holdings in shares of Carnival by 3.5% in the 3rd quarter. Leuthold Group LLC now owns 115,230 shares of the company’s stock worth $3,331,000 after buying an additional 3,903 shares during the last quarter. Savvy Advisors Inc. purchased a new position in shares of Carnival in the 3rd quarter worth about $219,000. Finally, GK Wealth Management LLC grew its position in Carnival by 8.0% during the third quarter. GK Wealth Management LLC now owns 20,009 shares of the company’s stock valued at $578,000 after buying an additional 1,482 shares during the period. 67.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Carnival from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, December 22nd. Stifel Nicolaus lifted their price target on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Barclays reduced their price objective on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a report on Wednesday, December 17th. Wall Street Zen raised Carnival from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Finally, Truist Financial upped their price target on Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Carnival presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Analysts note a 2026 fuel and foreign-exchange tailwind that could meaningfully boost Carnival’s margins and support its investment case if sustained; this is being cited as a medium-term positive for earnings. Is Carnival’s 2026 Fuel and FX Tailwind Meaningfully Altering The Investment Case For CCL?
• Positive Sentiment: Carnival was named to Zacks’ top lists (Rank #1) for growth and for value on Feb. 19, signaling positive analyst momentum and favorable quant rankings that can attract buying interest. Best Growth Stocks to Buy for February 19th Best Value Stocks to Buy for February 19th
• Positive Sentiment: Corporate sustainability initiatives — including food-waste reductions and ongoing fleet upkeep — were highlighted by Carnival, which can improve ESG perception and lower operating waste/costs over time. Carnival Highlights Food Waste Cuts And Fleet Upkeep In Sustainability Push
• Neutral Sentiment: Zacks and other outlets profile Carnival as a strong momentum/value stock based on style scores and relative strength; these are informational and can support flows but are not immediate catalysts. Here’s Why Carnival (CCL) is a Strong Momentum Stock
• Neutral Sentiment: Strong performances and strategic moves across the cruise sector (e.g., Royal Caribbean’s momentum) create a favorable backdrop for Carnival but are indirect — sector strength helps sentiment but doesn’t guarantee CCL will match peers.
• Negative Sentiment: Several market reports tied today’s weakness in CCL to crude oil trading near six‑month highs, reviving investor concerns about rising fuel expense for the cruise operator; that sent shares lower intraday. Carnival Stock Is Falling Thursday: What’s Driving The Action?
• Negative Sentiment: News roundups flagged a larger-than-market decline for CCL in recent sessions, driven by short-term selling pressure and macro volatility; with a high beta and significant leverage, Carnival is sensitive to cyclical headwinds. Why Carnival (CCL) Dipped More Than Broader Market Today

Carnival Price Performance

Carnival stock opened at $31.97 on Friday. The firm has a market capitalization of $39.53 billion, a P/E ratio of 15.98, a PEG ratio of 1.17 and a beta of 2.49. Carnival Corporation has a one year low of $15.07 and a one year high of $34.03. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28. The business has a fifty day moving average price of $30.82 and a 200-day moving average price of $29.49.

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

Carnival Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 1.9%. 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.