Diversify Advisory Services LLC purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,414 shares of the company’s stock, valued at approximately $2,567,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. TD Asset Management Inc lifted its holdings in Royal Caribbean Cruises by 29.7% during the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after buying an additional 201,014 shares in the last quarter. Dougherty & Associates LLC bought a new position in Royal Caribbean Cruises in the 4th quarter worth about $10,827,000. North Dakota State Investment Board bought a new position in Royal Caribbean Cruises in the 4th quarter worth about $2,424,000. Capital International Sarl increased its position in shares of Royal Caribbean Cruises by 19.3% during the fourth quarter. Capital International Sarl now owns 363,713 shares of the company’s stock worth $101,447,000 after acquiring an additional 58,734 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new position in shares of Royal Caribbean Cruises during the fourth quarter worth approximately $2,027,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on RCL. Barclays lowered their target price on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a report on Friday, May 1st. BMO Capital Markets initiated coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They set an “outperform” rating and a $370.00 price target on the stock. TD Cowen decreased their price objective on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a report on Friday, May 15th. Stifel Nicolaus upped their price objective on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley increased their target price on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises has an average rating of “Moderate Buy” and a consensus target price of $353.40.
Royal Caribbean Cruises Stock Down 0.5%
RCL stock opened at $300.37 on Wednesday. The firm has a 50 day moving average of $303.82 and a 200 day moving average of $292.29. The stock has a market capitalization of $80.33 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 1.04 and a beta of 1.77. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $3.98 by $0.23. The business had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.38 EPS. 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. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.
Insider Buying and Selling
In other news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the sale, the chief executive officer owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This trade represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.44% of the stock is currently owned by company insiders.
Royal Caribbean Cruises 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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