New York State Teachers Retirement System Purchases 49,979 Shares of Carnival Corporation $CCL

New York State Teachers Retirement System grew its position in shares of Carnival Corporation (NYSE:CCL) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 974,982 shares of the company’s stock after buying an additional 49,979 shares during the quarter. New York State Teachers Retirement System’s holdings in Carnival were worth $29,776,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CCL. Wellington Management Group LLP raised its stake in shares of Carnival by 99.6% during the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock valued at $351,535,000 after acquiring an additional 6,066,336 shares during the last quarter. Dimensional Fund Advisors LP raised its stake 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 acquiring an additional 4,883,024 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Carnival by 1,945.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,170,268 shares of the company’s stock valued at $120,562,000 after acquiring an additional 3,966,422 shares during the last quarter. Causeway Capital Management LLC raised its stake 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 acquiring an additional 2,783,927 shares during the last quarter. Finally, Federated Hermes Inc. raised its stake in shares of Carnival by 11,343.8% during the third quarter. Federated Hermes Inc. now owns 2,448,979 shares of the company’s stock valued at $70,800,000 after acquiring an additional 2,427,579 shares during the last quarter. 67.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CCL. The Goldman Sachs Group reduced their price target on shares of Carnival from $34.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, March 11th. Wells Fargo & Company reduced their price target on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Sanford C. Bernstein reduced their price target on shares of Carnival from $33.00 to $28.70 and set a “market perform” rating on the stock in a research report on Monday, March 30th. Barclays reduced their price target on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 24th. Finally, Bank of America boosted their price target on shares of Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Twenty-one analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Carnival currently has an average rating of “Moderate Buy” and a consensus price target of $33.99.

Carnival Price Performance

Shares of NYSE CCL opened at $26.67 on Friday. Carnival Corporation has a 1 year low of $19.02 and a 1 year high of $34.03. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.30 and a quick ratio of 0.26. The company’s 50-day moving average is $27.02 and its 200 day moving average is $28.33. The stock has a market capitalization of $33.04 billion, a P/E ratio of 11.85, a P/E/G ratio of 1.17 and a beta of 2.33.

Carnival (NYSE:CCL) last announced its quarterly earnings data on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The business’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.13 earnings per share. On average, sell-side analysts expect that Carnival Corporation will post 2.23 earnings per share for the current year.

Insiders Place Their Bets

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total value of $313,965.72. Following the sale, the director owned 52,601 shares in the company, valued at approximately $1,377,620.19. This represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 7.90% of the company’s stock.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: UK court sanctioned Carnival’s DLC Unification and redomiciliation, clearing a major legal step to combine Carnival Corporation and Carnival plc and redomicile from Panama to Bermuda — this reduces structural complexity and may improve corporate governance, investor access and valuation multiple. Court Sanction of Scheme of Arrangement
• Positive Sentiment: An analyst note set a $33.99 target for CCL, signaling upside from current levels and potentially supporting buying interest if other catalysts align. Analysts Set Carnival Corporation (NYSE:CCL) Target Price at $33.99
• Positive Sentiment: Holland America Line (a Carnival brand) disclosed extended 2028 Grand Voyage itineraries (long, premium cruises) — a product upgrade that supports higher?yield inventory and brand strength over time. Holland America Line Charts Six Continents and Rare and Renowned Ports in 2028 Grand Voyages
• Neutral Sentiment: Coverage pieces note Wall Street optimism toward Carnival; these editorial/analyst summaries can move sentiment but often lack immediate operational impact. Wall Street Bulls Look Optimistic About Carnival (CCL): Should You Buy?
• Neutral Sentiment: Market writeups explaining why CCL is trading up summarize recent catalysts (court sanction, analyst notes); they reinforce momentum but don’t add new fundamentals. Why Carnival (CCL) stock is trading up today
• Negative Sentiment: Analysts and comparisons to peers (e.g., Booking Holdings) highlight persistent risks for Carnival — fuel cost volatility, macro/currency exposure and discretionary?spending sensitivity — which could pressure margins and multiples. Carnival vs. Booking: Which Travel Stock Holds the Stronger Position?
• Negative Sentiment: Recent intraday/near?term pullbacks have occurred (reports of a recent dip), underscoring short?term volatility and sensitivity to broader market moves. Carnival (CCL) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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.