Second Half Financial Partners LLC Has $836,000 Stock Holdings in Royal Caribbean Cruises Ltd. $RCL

Second Half Financial Partners LLC grew its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 29.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,670 shares of the company’s stock after purchasing an additional 610 shares during the period. Second Half Financial Partners LLC’s holdings in Royal Caribbean Cruises were worth $836,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in RCL. Financial Gravity Asset Management Inc. bought a new position in shares of Royal Caribbean Cruises in the first quarter valued at about $25,000. Hughes Financial Services LLC bought a new position in shares of Royal Caribbean Cruises in the first quarter valued at about $26,000. Opal Wealth Advisors LLC bought a new position in shares of Royal Caribbean Cruises in the second quarter valued at about $27,000. Optimum Investment Advisors bought a new position in shares of Royal Caribbean Cruises in the first quarter valued at about $31,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of Royal Caribbean Cruises in the second quarter valued at about $31,000. 87.53% of the stock is owned by institutional investors.

Royal Caribbean Cruises Stock Performance

Shares of NYSE:RCL opened at $304.66 on Friday. The stock has a market capitalization of $82.75 billion, a P/E ratio of 22.84, a P/E/G ratio of 0.86 and a beta of 2.08. Royal Caribbean Cruises Ltd. has a 1-year low of $164.01 and a 1-year high of $366.50. The company has a current ratio of 0.23, a quick ratio of 0.21 and a debt-to-equity ratio of 1.88. The business has a 50-day moving average price of $329.61 and a two-hundred day moving average price of $285.19.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $4.38 earnings per share for the quarter, topping the consensus estimate of $4.04 by $0.34. The firm had revenue of $4.54 billion during the quarter, compared to analysts’ expectations of $4.54 billion. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Equities analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 13th. Stockholders of record on Thursday, September 25th will be paid a $1.00 dividend. This is a boost from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.3%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 29.99%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. UBS Group lifted their price target on Royal Caribbean Cruises from $311.00 to $353.00 and gave the company a “buy” rating in a report on Friday, August 8th. Stifel Nicolaus lifted their price target on Royal Caribbean Cruises from $400.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Caribbean Cruises in a report on Wednesday. Wall Street Zen raised Royal Caribbean Cruises from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, Bank of America boosted their price objective on Royal Caribbean Cruises from $230.00 to $355.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $326.95.

Insider Activity

In other news, CAO Henry L. Pujol sold 5,207 shares of the company’s stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $329.47, for a total value of $1,715,550.29. Following the completion of the sale, the chief accounting officer directly owned 7,826 shares of the company’s stock, valued at $2,578,432.22. This represents a 39.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard D. Fain sold 16,000 shares of the company’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total value of $4,976,320.00. Following the completion of the sale, the director directly owned 150,291 shares of the company’s stock, valued at approximately $46,743,506.82. This trade represents a 9.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,507 shares of company stock valued at $10,091,282 in the last ninety days. 6.95% of the stock is owned by insiders.

Royal Caribbean Cruises Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.