Sapient Capital LLC bought a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,854 shares of the company’s stock, valued at approximately $513,000.
Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Royal Caribbean Cruises by 12.2% during the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after purchasing an additional 143 shares during the period. Woodline Partners LP raised its position in Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after purchasing an additional 6,063 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in Royal Caribbean Cruises in the second quarter valued at approximately $1,762,000. Baird Financial Group Inc. lifted its stake in Royal Caribbean Cruises by 5.4% during the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after purchasing an additional 243 shares in the last quarter. Finally, Brown Advisory Inc. acquired a new position in Royal Caribbean Cruises during the second quarter worth $357,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on RCL. TD Cowen dropped their price objective on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research note on Friday, May 15th. UBS Group reissued a “buy” rating and set a $367.00 target price on shares of Royal Caribbean Cruises in a research note on Monday. Citigroup raised their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Finally, JPMorgan Chase & Co. cut their price target on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.
Insider Activity at Royal Caribbean Cruises
In related news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 6.44% of the company’s stock.
Royal Caribbean Cruises Stock Up 0.7%
Shares of Royal Caribbean Cruises stock opened at $326.20 on Wednesday. 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. The company has a market capitalization of $87.24 billion, a P/E ratio of 20.16, a P/E/G ratio of 1.11 and a beta of 1.77. The company has a 50 day moving average of $298.34 and a 200 day moving average of $290.29.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same period in the prior year, the firm posted $4.38 EPS. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. 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. As a group, research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.79 EPS for the current fiscal year.
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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