FSM Wealth Advisors LLC Has $542,000 Stock Position in Royal Caribbean Cruises Ltd. $RCL

FSM Wealth Advisors LLC raised its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 9.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,650 shares of the company’s stock after purchasing an additional 142 shares during the period. FSM Wealth Advisors LLC’s holdings in Royal Caribbean Cruises were worth $542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Prosperity Financial Group Inc. raised its holdings in Royal Caribbean Cruises by 0.5% in the 2nd quarter. Prosperity Financial Group Inc. now owns 6,936 shares of the company’s stock valued at $2,172,000 after acquiring an additional 32 shares in the last quarter. Ethic Inc. raised its holdings in Royal Caribbean Cruises by 14.9% in the 2nd quarter. Ethic Inc. now owns 13,273 shares of the company’s stock valued at $4,108,000 after acquiring an additional 1,721 shares in the last quarter. Brookstone Capital Management raised its holdings in Royal Caribbean Cruises by 24.3% in the 2nd quarter. Brookstone Capital Management now owns 3,681 shares of the company’s stock valued at $1,153,000 after acquiring an additional 719 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Royal Caribbean Cruises in the 2nd quarter valued at approximately $1,199,000. Finally, D.A. Davidson & CO. raised its holdings in Royal Caribbean Cruises by 151.8% in the 2nd quarter. D.A. Davidson & CO. now owns 5,913 shares of the company’s stock valued at $1,852,000 after acquiring an additional 3,565 shares in the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Trading Down 0.4%

RCL stock opened at $316.67 on Friday. The business has a fifty day moving average price of $329.43 and a 200 day moving average price of $291.43. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.23 and a quick ratio of 0.21. Royal Caribbean Cruises Ltd. has a fifty-two week low of $164.01 and a fifty-two week high of $366.50. The stock has a market capitalization of $86.02 billion, a price-to-earnings ratio of 23.74, a P/E/G ratio of 0.89 and a beta of 2.08.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $4.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.04 by $0.34. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter in the previous year, the company posted $3.21 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 13th. Shareholders of record on Thursday, September 25th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, September 25th. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. Royal Caribbean Cruises’s dividend payout ratio is presently 29.99%.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CAO Henry L. Pujol sold 5,207 shares of Royal Caribbean Cruises stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $329.47, for a total value of $1,715,550.29. Following the completion of the transaction, the chief accounting officer owned 7,826 shares in the company, valued at approximately $2,578,432.22. The trade was a 39.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Vagn O. Sorensen sold 10,300 shares of Royal Caribbean Cruises stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total value of $3,399,412.00. Following the completion of the transaction, the director owned 16,407 shares of the company’s stock, valued at approximately $5,414,966.28. The trade was a 38.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 31,507 shares of company stock worth $10,091,282. 6.95% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the company. Citigroup upped their price target on Royal Caribbean Cruises from $390.00 to $399.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Truist Financial dropped their target price on Royal Caribbean Cruises from $337.00 to $333.00 and set a “hold” rating for the company in a report on Friday, September 19th. Jefferies Financial Group increased their target price on Royal Caribbean Cruises from $235.00 to $315.00 and gave the stock a “hold” rating in a report on Monday, July 7th. Wall Street Zen raised Royal Caribbean Cruises from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and an average price target of $332.14.

Royal Caribbean Cruises 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.