Valeo Financial Advisors LLC Purchases 39 Shares of Royal Caribbean Cruises Ltd. $RCL

Valeo Financial Advisors LLC increased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 1.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 3,823 shares of the company’s stock after buying an additional 39 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Royal Caribbean Cruises were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in Royal Caribbean Cruises by 12.2% during the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. boosted its position in shares of Royal Caribbean Cruises by 2.5% in the first quarter. UMB Bank n.a. now owns 2,131 shares of the company’s stock valued at $438,000 after acquiring an additional 52 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Royal Caribbean Cruises by 31.7% in the first quarter. Farther Finance Advisors LLC now owns 3,596 shares of the company’s stock valued at $748,000 after acquiring an additional 866 shares during the period. Yousif Capital Management LLC boosted its position in shares of Royal Caribbean Cruises by 2.6% in the first quarter. Yousif Capital Management LLC now owns 33,195 shares of the company’s stock valued at $6,820,000 after acquiring an additional 840 shares during the period. Finally, Harbor Capital Advisors Inc. bought a new stake in Royal Caribbean Cruises in the 1st quarter valued at $1,743,000. 87.53% of the stock is currently owned by institutional investors.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $314.56 on Wednesday. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.23 and a quick ratio of 0.21. The company has a market capitalization of $85.44 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 0.89 and a beta of 2.08. Royal Caribbean Cruises Ltd. has a one year low of $164.01 and a one year high of $366.50. The business has a 50 day simple moving average of $330.46 and a 200 day simple moving average of $283.46.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, topping the consensus estimate of $4.04 by $0.34. The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.54 billion. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.Royal Caribbean Cruises’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. On average, sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 13th. Investors of record on Thursday, September 25th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $4.00 annualized dividend and a yield of 1.3%. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. Royal Caribbean Cruises’s payout ratio is 29.99%.

Insider Activity at Royal Caribbean Cruises

In related news, Director Richard D. Fain sold 16,000 shares of Royal Caribbean Cruises stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total transaction of $4,976,320.00. Following the completion of the transaction, the director directly owned 150,291 shares of the company’s stock, valued at $46,743,506.82. This trade represents a 9.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Henry L. Pujol sold 5,207 shares of Royal Caribbean Cruises stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $329.47, for a total transaction of $1,715,550.29. Following the completion of the transaction, the chief accounting officer owned 7,826 shares of the company’s stock, valued at $2,578,432.22. This trade represents a 39.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,507 shares of company stock valued at $10,091,282 in the last ninety days. Insiders own 6.95% of the company’s stock.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of research reports. Sanford C. Bernstein increased their price target on shares of Royal Caribbean Cruises from $290.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Barclays increased their target price on shares of Royal Caribbean Cruises from $263.00 to $358.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. TD Cowen began coverage on Royal Caribbean Cruises in a research report on Tuesday, July 22nd. They issued a “buy” rating and a $405.00 price objective for the company. Truist Financial reduced their price objective on Royal Caribbean Cruises from $337.00 to $333.00 and set a “hold” rating for the company in a research report on Friday, September 19th. Finally, Citigroup raised their price objective on Royal Caribbean Cruises from $390.00 to $399.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and an average price target of $326.95.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.