Royal Caribbean Cruises Ltd. $RCL Shares Acquired by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lifted its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 33.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,841 shares of the company’s stock after purchasing an additional 7,211 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Royal Caribbean Cruises were worth $9,332,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in 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 buying an additional 143 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Royal Caribbean Cruises by 17.4% in the first quarter. NewEdge Advisors LLC now owns 8,125 shares of the company’s stock worth $1,669,000 after acquiring an additional 1,203 shares during the period. Ascent Group LLC purchased a new position in shares of Royal Caribbean Cruises during the first quarter worth $406,000. MBB Public Markets I LLC purchased a new position in shares of Royal Caribbean Cruises during the first quarter worth $301,000. Finally, Woodline Partners LP lifted its position in Royal Caribbean Cruises by 40.8% during 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. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on RCL. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. Truist Financial lowered their target price on Royal Caribbean Cruises from $333.00 to $321.00 and set a “hold” rating on the stock in a research note on Tuesday, December 2nd. Citigroup reaffirmed a “buy” rating on shares of Royal Caribbean Cruises in a report on Friday, December 12th. Barclays decreased their price target on Royal Caribbean Cruises from $342.00 to $324.00 and set an “overweight” rating for the company in a report on Wednesday, December 17th. Finally, Susquehanna set a $350.00 price objective on Royal Caribbean Cruises and gave the stock a “positive” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $324.82.

Royal Caribbean Cruises Price Performance

Shares of Royal Caribbean Cruises stock opened at $311.43 on Friday. The firm has a market cap of $84.93 billion, a PE ratio of 20.94, a P/E/G ratio of 0.80 and a beta of 1.94. Royal Caribbean Cruises Ltd. has a twelve month low of $164.01 and a twelve month high of $366.50. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. The business has a 50-day moving average price of $272.63 and a 200 day moving average price of $307.39.

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

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th will be given a dividend of $1.00 per share. The ex-dividend date is Friday, December 26th. 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 26.90%.

Royal Caribbean Cruises declared that its board has initiated a stock buyback plan on Wednesday, December 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises 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 sale, the director owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. This trade represents a 7.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.95% of the company’s stock.

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.