Heartland Bank & Trust Co Acquires Shares of 2,509 Royal Caribbean Cruises Ltd. $RCL

Heartland Bank & Trust Co acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,509 shares of the company’s stock, valued at approximately $797,000.

Several other hedge funds have also recently modified their holdings of RCL. TD Asset Management Inc raised its holdings in shares of Royal Caribbean Cruises by 29.7% during the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after acquiring an additional 201,014 shares during the last quarter. Dougherty & Associates LLC purchased a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth approximately $10,827,000. North Dakota State Investment Board purchased a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth approximately $2,424,000. Capital International Sarl raised its stake in Royal Caribbean Cruises by 19.3% in the 4th quarter. Capital International Sarl now owns 363,713 shares of the company’s stock valued at $101,447,000 after purchasing an additional 58,734 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter valued at about $2,027,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 6.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

RCL has been the topic of several research reports. Zacks Research raised shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. Freedom Capital cut shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Morgan Stanley increased their price objective on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. TD Cowen decreased their target price on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Finally, Susquehanna boosted their target price on Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $353.40.

Read Our Latest Analysis on RCL

Royal Caribbean Cruises Stock Up 1.6%

RCL stock opened at $292.29 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The company’s 50 day moving average price is $304.42 and its 200 day moving average price is $291.73. The firm has a market capitalization of $78.17 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 0.98 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.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. The firm had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

About Royal Caribbean Cruises

(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.

Recommended Stories

Want to see what other hedge funds are holding RCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report).

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

Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.com's FREE daily email newsletter.