Carnival Corporation $CCL Stock Holdings Lowered by Sanctuary Advisors LLC

Key Points

• Sanctuary Advisors LLC cut its stake in Carnival by 73.6% in Q4, selling 60,075 shares and retaining 21,504 shares valued at $657,000.
• Carnival slightly beat quarterly estimates with EPS $0.20 vs. $0.18 and $6.17 billion in revenue, and analysts maintain a consensus "Moderate Buy" with an average price target of $33.99.
• Management completed a corporate unification/redomicile to Bermuda and launched an AI-driven digital supply‑chain platform, alongside fleet investments and a new Miami campus plan aimed at improving efficiency and long‑term growth.

Sanctuary Advisors LLC cut its holdings in shares of Carnival Corporation (NYSE:CCL - Free Report) by 73.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,504 shares of the company's stock after selling 60,075 shares during the period. Sanctuary Advisors LLC's holdings in Carnival were worth $657,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Carnival by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company's stock worth $3,913,190,000 after buying an additional 368,445 shares during the period. State Street Corp lifted its holdings in shares of Carnival by 4.1% in the third quarter. State Street Corp now owns 47,369,740 shares of the company's stock valued at $1,369,459,000 after purchasing an additional 1,845,850 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Carnival by 0.8% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 36,109,629 shares of the company's stock worth $1,043,929,000 after buying an additional 291,864 shares during the period. Causeway Capital Management LLC grew its holdings in shares of Carnival by 9.6% during the third quarter. Causeway Capital Management LLC now owns 31,912,001 shares of the company's stock valued at $922,576,000 after buying an additional 2,783,927 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Carnival by 50.7% during the third quarter. Dimensional Fund Advisors LP now owns 14,510,016 shares of the company's stock valued at $419,573,000 after buying an additional 4,883,024 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Carnival Price Performance

Shares of CCL opened at $27.02 on Friday. 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 firm has a market cap of $33.47 billion, a PE ratio of 12.01, a PEG ratio of 1.21 and a beta of 2.33. The firm's 50 day moving average price is $26.75 and its 200 day moving average price is $28.29. Carnival Corporation has a twelve month low of $19.90 and a twelve month high of $34.03.

Carnival (NYSE:CCL - Get Free Report) last posted its earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, topping the consensus estimate 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%. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 earnings per share. As a group, research analysts expect that Carnival Corporation will post 2.23 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Susquehanna decreased their price objective on Carnival from $40.00 to $30.00 and set a "positive" rating for the company in a research report on Monday, March 23rd. Stifel Nicolaus dropped their target price on Carnival from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, March 11th. Bank of America increased their price target on shares of Carnival from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Monday, January 12th. Barclays decreased their price target on shares of Carnival from $37.00 to $36.00 and set an "overweight" rating for the company in a report on Tuesday, March 24th. Finally, HSBC upgraded shares of Carnival from a "hold" rating to a "buy" rating and dropped their price objective for the company from $33.60 to $30.10 in a research note on Monday, March 30th. Twenty-one investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $33.99.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival launched a unified digital supply-chain and maintenance platform across its eight brands using advanced forecasting and AI-driven modeling — management says this standardization should reduce logistics and inventory friction and create potential valuation upside from efficiency gains. Carnival Digital Overhaul Links AI Supply Chain To Valuation Upside
• Positive Sentiment: Carnival completed the unification of its dual-listed structure and redomiciled to Bermuda, consolidating Carnival plc as a UK subsidiary — a corporate simplification that can improve governance, reduce complexity for investors, and remove an overhang that previously complicated valuation. Carnival Corporation & plc Completes Unification
• Positive Sentiment: Ongoing fleet investments and capacity moves (new ship arrivals, LNG-powered orders, biofuel trials) plus plans for a consolidated Miami campus aim to support long-term growth, operational efficiencies and sustainability goals — these are constructive for demand and cost trajectory over time. Carnival’s Fleet Expansion and New Miami Campus Could Be A Game Changer
• Neutral Sentiment: Brand-level product updates: Holland America’s renovated Oosterdam and Cunard’s new 2028 voyages expand booking inventory and product appeal — positive for bookings but more likely to show up gradually in revenue rather than move the stock immediately. Newly Renovated Oosterdam to Cruise Europe
• Negative Sentiment: Unusually large options activity: investors bought ~91,701 put contracts (about 52% above typical daily put volume), indicating elevated hedging or bearish positioning that could pressure the stock if sentiment shifts negative.

Insider Transactions at Carnival

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total transaction of $313,965.72. Following the transaction, the director directly owned 52,601 shares of the company's stock, valued at $1,377,620.19. This represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 7.90% of the company's stock.

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.

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