Pictet Asset Management Holding SA lifted its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) by 27.8% during the third quarter, Holdings Channel reports. The institutional investor owned 179,929 shares of the company’s stock after purchasing an additional 39,163 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Royal Caribbean Cruises were worth $47,836,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Plancorp LLC purchased a new stake in shares of Royal Caribbean Cruises during the 3rd quarter worth approximately $186,000. Alps Advisors Inc. increased its stake in Royal Caribbean Cruises by 10.1% in the 3rd quarter. Alps Advisors Inc. now owns 5,016 shares of the company’s stock valued at $1,334,000 after purchasing an additional 460 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in Royal Caribbean Cruises by 6.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 1,563 shares of the company’s stock worth $416,000 after purchasing an additional 88 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Royal Caribbean Cruises by 9.1% during the third quarter. International Assets Investment Management LLC now owns 2,973 shares of the company’s stock worth $803,000 after purchasing an additional 249 shares during the last quarter. Finally, Heritage Family Offices LLP acquired a new position in Royal Caribbean Cruises during the third quarter worth $173,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.
Key Stories Impacting Royal Caribbean Cruises
Here are the key news stories impacting Royal Caribbean Cruises this week:
- Positive Sentiment: Zacks Research raised its full-year EPS estimates for 2027 to $19.42 and 2028 to $22.62, while the company is targeting adjusted EPS in the $20 range for 2027. The outlook is supported by bookings, capacity growth and cost control. RCL Targets Adjusted EPS in the $20 Range for 2027: Can Momentum Last?
- Positive Sentiment: Falling crude prices helped lift cruise shares alongside a broader market rally, as cheaper fuel can ease a significant operating cost. Cruise Stocks Climb Amid Falling Crude Prices
- Neutral Sentiment: Forecast changes were mixed: Zacks also nudged some estimates higher but cut several near-term quarterly forecasts, including Q4 2026 EPS to $3.54. That tempers the otherwise improving longer-term outlook.
- Negative Sentiment: Director Arne Wilhelmsen sold a combined 476,674 shares across transactions on November 6, 9 and 10, worth about $159.8 million. He still held approximately 15.7 million shares afterward, so the sales may be a modest sentiment concern rather than a wholesale exit. SEC Form 4 filing
Insider Transactions at Royal Caribbean Cruises
In related news, Director Maritza Montiel sold 400 shares of the firm’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $307.21, for a total transaction of $122,884.00. Following the sale, the director directly owned 13,202 shares in the company, valued at approximately $4,055,786.42. This trade represents a 2.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Arne Wilhelmsen sold 220,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $329.29, for a total value of $72,443,800.00. Following the transaction, the director directly owned 16,215,910 shares in the company, valued at $5,339,737,003.90. This trade represents a 1.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 727,074 shares of company stock worth $242,087,365. 6.44% of the stock is currently owned by insiders.
Royal Caribbean Cruises Stock Performance
Shares of RCL stock opened at $340.05 on Wednesday. The company’s fifty day simple moving average is $277.81 and its 200-day simple moving average is $288.44. Royal Caribbean Cruises Ltd. has a 52 week low of $222.22 and a 52 week high of $356.39. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 1.69. The company has a market cap of $90.95 billion, a PE ratio of 19.61, a P/E/G ratio of 1.17 and a beta of 1.88.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its earnings results on Tuesday, October 27th. The company reported $6.57 earnings per share for the quarter, beating the consensus estimate of $6.38 by $0.19. Royal Caribbean Cruises had a net margin of 23.78% and a return on equity of 43.40%. The business had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.61 billion. During the same quarter in the previous year, the business posted $5.75 EPS. The business’s quarterly revenue was up 8.8% on a year-over-year basis. As a group, equities research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.94 EPS for the current year.
Royal Caribbean Cruises Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Thursday, September 17th. Royal Caribbean Cruises’s payout ratio is currently 35.52%.
Analyst Ratings Changes
RCL has been the subject of several recent research reports. Citigroup raised their target price on shares of Royal Caribbean Cruises from $362.00 to $364.00 and gave the company a “buy” rating in a report on Thursday, October 29th. Deutsche Bank Aktiengesellschaft upgraded Royal Caribbean Cruises from a “hold” rating to a “buy” rating and increased their target price for the company from $299.00 to $330.00 in a report on Monday, September 28th. The Goldman Sachs Group reissued a “buy” rating and set a $358.00 price target on shares of Royal Caribbean Cruises in a research report on Wednesday, October 28th. Freedom Capital cut Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Tigress Financial reaffirmed a “buy” rating and set a $425.00 price objective on shares of Royal Caribbean Cruises in a research note on Monday, September 28th. Twenty-one equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $355.62.
Check Out Our Latest Stock Analysis on RCL
About Royal Caribbean Cruises
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a global cruise vacation company. Its brands include Royal Caribbean International, Celebrity Cruises and Silversea Cruises, which offer voyages ranging from large-ship family vacations to premium and luxury experiences. The company serves travelers through itineraries to destinations around the world, including the Caribbean, Europe, Alaska and Asia. Its vacation offerings combine onboard accommodations, dining and entertainment with shore excursions and visits to ports and private destinations.
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