Royal Caribbean Cruises Ltd. $RCL Holdings Lifted by Souders Financial Advisors

Souders Financial Advisors boosted its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 5.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,239 shares of the company’s stock after buying an additional 223 shares during the quarter. Souders Financial Advisors’ holdings in Royal Caribbean Cruises were worth $1,328,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Achmea Investment Management B.V. boosted its position in Royal Caribbean Cruises by 7.7% during the 2nd quarter. Achmea Investment Management B.V. now owns 51,239 shares of the company’s stock worth $16,045,000 after acquiring an additional 3,683 shares during the period. Sienna Gestion lifted its holdings in shares of Royal Caribbean Cruises by 9.9% during the 2nd quarter. Sienna Gestion now owns 32,342 shares of the company’s stock valued at $9,246,000 after buying an additional 2,922 shares during the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at about $22,145,000. ROI Financial Advisors LLC bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at approximately $203,000. Finally, First Horizon Advisors Inc. raised its stake in shares of Royal Caribbean Cruises by 35.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 525 shares of the company’s stock valued at $165,000 after acquiring an additional 137 shares in the last quarter. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Performance

Shares of NYSE RCL opened at $256.98 on Thursday. Royal Caribbean Cruises Ltd. has a 52 week low of $164.01 and a 52 week high of $366.50. The stock has a market capitalization of $70.08 billion, a PE ratio of 17.28, a price-to-earnings-growth ratio of 0.84 and a beta of 2.08. The stock has a 50 day moving average price of $320.34 and a 200 day moving average price of $298.64. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.21 and a current ratio of 0.16.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.68 by $0.07. The company had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The business’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the firm posted $5.20 earnings per share. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS. Analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Thursday, September 25th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, September 25th. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. Royal Caribbean Cruises’s dividend payout ratio is presently 26.90%.

Wall Street Analyst Weigh In

RCL has been the topic of several recent research reports. TD Cowen initiated coverage on Royal Caribbean Cruises in a report on Tuesday, July 22nd. They set a “buy” rating and a $405.00 price objective on the stock. Barclays dropped their target price on Royal Caribbean Cruises from $358.00 to $342.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. JPMorgan Chase & Co. dropped their price objective on Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Truist Financial dropped their price objective on Royal Caribbean Cruises from $337.00 to $333.00 and set a “hold” rating for the company in a report on Friday, September 19th. Finally, Citigroup decreased their target price on Royal Caribbean Cruises from $399.00 to $336.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises presently has an average rating of “Moderate Buy” and an average target price of $326.86.

Insider Buying and Selling

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total value of $309,936.00. Following the transaction, the director owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. This represents a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Vagn O. Sorensen sold 10,300 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total value of $3,399,412.00. Following the completion of the transaction, the director directly owned 16,407 shares in the company, valued at approximately $5,414,966.28. This represents a 38.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 6.95% of the company’s stock.

About Royal Caribbean Cruises

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.