Bridgefront Capital LLC Makes New Investment in Carnival Corporation $CCL

Bridgefront Capital LLC acquired a new stake in shares of Carnival Corporation (NYSE:CCL) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 20,944 shares of the company’s stock, valued at approximately $605,000.

Several other hedge funds have also recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new position in shares of Carnival during the second quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Carnival by 182.0% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after acquiring an additional 659 shares during the last quarter. LRI Investments LLC bought a new stake in Carnival in the 3rd quarter valued at $30,000. Johnson Financial Group Inc. purchased a new stake in Carnival in the 3rd quarter worth $32,000. Finally, Farmers & Merchants Investments Inc. lifted its stake in Carnival by 140.6% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock worth $44,000 after purchasing an additional 886 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CCL shares. William Blair restated an “outperform” rating on shares of Carnival in a research report on Tuesday, March 3rd. Morgan Stanley set a $33.00 price target on Carnival in a research note on Wednesday, January 7th. Sanford C. Bernstein raised their price target on Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Wolfe Research reaffirmed an “outperform” rating on shares of Carnival in a research note on Friday, December 19th. Finally, Citigroup upped their price objective on Carnival from $36.00 to $39.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Nineteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and an average target price of $34.70.

Carnival Stock Up 0.2%

Shares of NYSE:CCL opened at $23.97 on Monday. The company has a market cap of $29.70 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 0.90 and a beta of 2.42. Carnival Corporation has a 12 month low of $15.07 and a 12 month high of $34.03. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. The company has a 50-day moving average price of $30.19 and a 200 day moving average price of $29.29.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.14 earnings per share. 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 predict that Carnival Corporation will post 1.77 earnings per share for the current year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 2.5%. Carnival’s dividend payout ratio (DPR) is currently 30.00%.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Seabourn (Carnival’s luxury brand) unveiled a new high‑end “Denali Experience” pre‑cruise program for Alaska in 2027–28 — a small but constructive product expansion that supports higher‑margin, premium offerings. Seabourn Denali Experience
• Neutral Sentiment: A valuation piece reviews CCL after recent share cooling, noting mixed momentum (short‑term weakness but positive 1‑year performance) — useful context but not an immediate catalyst. Assessing Carnival Valuation
• Negative Sentiment: Industry news: Royal Caribbean plunged after an oil spike tied to Iran tanker strikes; reports note Carnival also fell and may be more exposed if it lacks fuel hedges — rising bunker costs threaten margins and drive near‑term downside. RCL Oil Spike / Impact on Carnival
• Negative Sentiment: Market coverage: Benzinga and Zacks reported CCL sliding as Middle East tensions lifted oil and investors sold into the risk — these stories reflect momentum selling and sentiment shifts that can exacerbate price moves. Benzinga: Stock Slides as Oil Rises Zacks: CCL Declines
• Negative Sentiment: Analyst pressure: The Goldman Sachs Group issued a pessimistic forecast for CCL and Stifel lowered its price target to $35 — analyst downgrades/target cuts increase selling pressure and can influence institutional flows. Goldman Sachs Forecast Stifel Lowers Price Target

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.