Royal Bank of Canada lessened its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) by 25.1% in the 1st quarter, HoldingsChannel reports. The fund owned 601,813 shares of the company’s stock after selling 201,420 shares during the period. Royal Bank of Canada’s holdings in Royal Caribbean Cruises were worth $165,609,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of RCL. Brighton Jones LLC raised its holdings in shares of Royal Caribbean Cruises by 12.2% in 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 in the last quarter. Woodline Partners LP grew its stake in shares of Royal Caribbean Cruises by 40.8% during the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Royal Caribbean Cruises during the second quarter worth $1,762,000. Baird Financial Group Inc. increased its holdings in Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock valued at $1,494,000 after buying an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. purchased a new position in Royal Caribbean Cruises in the second quarter valued at $357,000. 87.53% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. Loop Capital started coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They set a “hold” rating and a $304.00 price target for the company. UBS Group dropped their price objective on Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. JPMorgan Chase & Co. cut their target price on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Morgan Stanley upped their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $350.50.
More Royal Caribbean Cruises News
Here are the key news stories impacting Royal Caribbean Cruises this week:
- Positive Sentiment: Royal Caribbean reported second-quarter adjusted earnings of $4.21 per share, above the $3.98 analyst consensus, while revenue of $4.83 billion broadly matched estimates and increased 6.5% year over year. Royal Caribbean earnings and outlook article
- Positive Sentiment: Management maintained its 2026 adjusted EPS outlook of $17.73–$17.87 and reiterated 1.75%–2.25% net yield growth. Record booking volumes and pricing, particularly from higher-margin guests, support continued earnings momentum. Royal Caribbean 2026 forecast article
- Positive Sentiment: Investors continue to point to premium offerings, private destinations, fleet expansion, river cruises and substantial share repurchases—including approximately $1 billion in first-half buybacks—as longer-term catalysts. Royal Caribbean growth drivers article
- Neutral Sentiment: Royal Caribbean appears relatively insulated from weaker consumer vacation demand because affluent travelers are continuing to pay for cruises and premium experiences. Analysts comparing RCL with Carnival see resilient demand and strong bookings across the industry. Royal Caribbean cruise pricing article
- Negative Sentiment: Royal Caribbean reduced its 2026 revenue-growth outlook from 10% to approximately 9% and narrowed reported net-yield guidance, partly reflecting itinerary changes and geopolitical effects on bookings. European cruise demand also faces potential headwinds. Royal Caribbean Q2 outlook article
- Negative Sentiment: Higher fuel costs, roughly $23 billion of debt and heavy capital spending create downside risks if travel demand weakens. Morgan Stanley raised its target to $300 but kept an “equal weight” rating, implying the current valuation already reflects much of the company’s growth outlook. Morgan Stanley Royal Caribbean price target report
Royal Caribbean Cruises Price Performance
Shares of NYSE RCL opened at $322.15 on Friday. The stock has a market cap of $86.40 billion, a P/E ratio of 19.91, a P/E/G ratio of 1.12 and a beta of 1.76. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $366.50. The stock has a 50 day moving average of $294.60 and a two-hundred day moving average of $289.60. The company has a current ratio of 0.21, a quick ratio of 0.17 and a debt-to-equity ratio of 2.03.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the firm posted $4.38 earnings per share. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. On average, research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.74 earnings per share for the current year.
Royal Caribbean Cruises Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were paid a $1.50 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. Royal Caribbean Cruises’s payout ratio is currently 37.08%.
Royal Caribbean Cruises Company Profile
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.
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