Prudential PLC Buys 30,218 Shares of Royal Caribbean Cruises Ltd. $RCL

Prudential PLC raised its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report) by 549.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,713 shares of the company’s stock after acquiring an additional 30,218 shares during the quarter. Prudential PLC’s holdings in Royal Caribbean Cruises were worth $9,961,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Montag A & Associates Inc. boosted its position in Royal Caribbean Cruises by 184.4% during the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 59 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth $26,000. Tucker Asset Management LLC acquired a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth $28,000. SRH Advisors LLC acquired a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth $28,000. Finally, GGM Financials LLC acquired a new stake in shares of Royal Caribbean Cruises in the 3rd quarter worth $33,000. Institutional investors own 87.53% of the company’s stock.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of recent analyst reports. Mizuho set a $380.00 price objective on Royal Caribbean Cruises in a research report on Friday, May 1st. JPMorgan Chase & Co. lowered their price objective on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Barclays lowered their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Zacks Research cut Royal Caribbean Cruises from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft set a $296.00 price objective on Royal Caribbean Cruises in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $344.79.

Check Out Our Latest Stock Report on RCL

Royal Caribbean Cruises Stock Performance

NYSE RCL opened at $280.85 on Friday. The stock has a 50-day simple moving average of $271.05 and a two-hundred day simple moving average of $283.13. The firm has a market capitalization of $75.33 billion, a P/E ratio of 17.14, a PEG ratio of 1.03 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last posted its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The firm had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same period last year, the firm earned $2.71 EPS. The company’s quarterly revenue was up 11.3% on a year-over-year basis. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, equities analysts forecast that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be issued a $1.50 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 2.1%. Royal Caribbean Cruises’s dividend payout ratio is currently 36.61%.

Royal Caribbean Cruises Company Profile

(Free Report)

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.

See Also

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Institutional Ownership by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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