Korea Investment CORP Has $37.22 Million Holdings in Carnival Corporation $CCL

Key Points

• Korea Investment CORP increased its Carnival stake by 38.8% in Q3 to 1,287,412 shares — roughly $37.22 million, representing about 0.11% of the company.
• While Wall Street shows a mostly positive view (consensus Moderate Buy, average price target $35.09), Carnival is facing near‑term headwinds from rising oil prices and Middle East geopolitical tensions that have pressured travel stocks and weighed on CCL's share price (opened $26.35).

Korea Investment CORP lifted its stake in shares of Carnival Corporation (NYSE:CCL - Free Report) by 38.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,287,412 shares of the company's stock after acquiring an additional 359,689 shares during the period. Korea Investment CORP owned approximately 0.11% of Carnival worth $37,219,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Grantham Mayo Van Otterloo & Co. LLC increased its holdings in Carnival by 93.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 38,887 shares of the company's stock worth $1,124,000 after purchasing an additional 18,735 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Carnival by 29.6% in the third quarter. First Trust Advisors LP now owns 835,577 shares of the company's stock valued at $24,157,000 after purchasing an additional 191,087 shares in the last quarter. Modern Wealth Management LLC bought a new stake in shares of Carnival in the third quarter valued at about $325,000. Systematic Alpha Investments LLC acquired a new position in shares of Carnival during the third quarter worth about $200,000. Finally, Sunpointe LLC boosted its position in shares of Carnival by 27.7% during the third quarter. Sunpointe LLC now owns 60,391 shares of the company's stock worth $1,746,000 after buying an additional 13,091 shares during the period. 67.19% of the stock is owned by institutional investors.

Key Carnival News

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)

Wall Street Analysts Forecast Growth

CCL has been the topic of a number of recent research reports. Citigroup lifted their target price on Carnival from $36.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, December 22nd. Susquehanna upped their price target on Carnival from $35.00 to $40.00 and gave the stock a "positive" rating in a research report on Tuesday, December 16th. Wells Fargo & Company raised their price target on shares of Carnival from $38.00 to $40.00 and gave the stock an "overweight" rating in a research note on Thursday, March 5th. Stifel Nicolaus lifted their price objective on shares of Carnival from $38.00 to $40.00 and gave the company a "buy" rating in a report on Monday, December 22nd. Finally, TD Cowen reissued a "buy" rating on shares of Carnival in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $35.09.

Carnival Stock Performance

Shares of NYSE CCL opened at $26.35 on Tuesday. The stock has a 50 day moving average price of $30.64 and a 200 day moving average price of $29.48. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $34.03. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The stock has a market capitalization of $32.65 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 0.95 and a beta of 2.42.

Carnival (NYSE:CCL - Get Free Report) last posted 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 firm had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. During the same period last year, the company earned $0.14 earnings per share. The business's revenue 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 predict that Carnival Corporation will post 1.77 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued 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 presently 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.

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