Jupiter Topco LLC Invests $597.35 Million in Royal Caribbean Cruises Ltd. $RCL

Posted by Stanley Muller on Aug 26th, 2026

Jupiter Topco LLC acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,881,240 shares of the company’s stock, valued at approximately $597,350,000. Jupiter Topco LLC owned 0.70% of Royal Caribbean Cruises as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. TD Asset Management Inc boosted its stake in shares of Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after purchasing an additional 201,014 shares during the last quarter. Dougherty & Associates LLC bought a new position in Royal Caribbean Cruises during the fourth quarter worth $10,827,000. North Dakota State Investment Board acquired a new position in Royal Caribbean Cruises in the fourth quarter valued at $2,424,000. Capital International Sarl lifted its holdings in Royal Caribbean Cruises by 19.3% in the fourth quarter. Capital International Sarl now owns 363,713 shares of the company’s stock valued at $101,447,000 after buying an additional 58,734 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new position in Royal Caribbean Cruises in the fourth quarter valued at $2,027,000. Institutional investors own 87.53% of the company’s stock.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

Royal Caribbean Cruises Trading Down 0.2%

Shares of Royal Caribbean Cruises stock opened at $292.48 on Wednesday. The stock has a fifty day simple moving average of $303.60 and a 200 day simple moving average of $290.94. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $366.50. The company has a market capitalization of $78.22 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last issued its quarterly earnings data 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. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.82 billion. During the same period last year, the business earned $4.38 EPS. The business’s revenue was up 6.5% on a year-over-year basis. 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, sell-side analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. Morgan Stanley boosted their price objective on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. BMO Capital Markets assumed coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price on the stock. Loop Capital initiated coverage on Royal Caribbean Cruises in a research note on Monday, June 1st. They set a “hold” rating and a $304.00 target price for the company. Finally, TD Cowen lowered their target price 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. 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. According to MarketBeat, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and an average price target of $353.40.

View Our Latest Stock Report on Royal Caribbean Cruises

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.