Royal Caribbean Cruises Ltd. $RCL Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its position in Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report) by 3.1% in the first quarter, Holdings Channel reports. The fund owned 1,277,826 shares of the company’s stock after selling 40,540 shares during the period. Bank of New York Mellon Corp’s holdings in Royal Caribbean Cruises were worth $351,632,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MASTERINVEST Kapitalanlage GmbH lifted its position in shares of Royal Caribbean Cruises by 9.7% during the 1st quarter. MASTERINVEST Kapitalanlage GmbH now owns 14,017 shares of the company’s stock worth $3,857,000 after purchasing an additional 1,238 shares during the last quarter. Checchi Capital Advisers LLC purchased a new position in Royal Caribbean Cruises in the first quarter valued at $276,000. Calamos Wealth Management LLC raised its stake in Royal Caribbean Cruises by 2.5% in the first quarter. Calamos Wealth Management LLC now owns 45,807 shares of the company’s stock valued at $12,605,000 after buying an additional 1,118 shares in the last quarter. Calamos Advisors LLC raised its stake in Royal Caribbean Cruises by 52.7% in the first quarter. Calamos Advisors LLC now owns 201,096 shares of the company’s stock valued at $55,338,000 after buying an additional 69,443 shares in the last quarter. Finally, Retirement Planning Group LLC acquired a new stake in Royal Caribbean Cruises in the first quarter valued at $215,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Truist Financial cut their target price on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Loop Capital started 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. UBS Group lowered their price target on Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, Wells Fargo & Company increased their price target on shares of Royal Caribbean Cruises from $360.00 to $361.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $346.80.

Check Out Our Latest Stock Analysis on RCL

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $286.96 on Friday. The stock’s 50-day moving average is $286.90 and its two-hundred day moving average is $288.90. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The firm has a market cap of $76.96 billion, a price-to-earnings ratio of 17.51, a PEG ratio of 1.04 and a beta of 1.76.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last posted its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating the consensus estimate of $3.20 by $0.40. The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.71 EPS. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. Analysts predict that Royal Caribbean Cruises Ltd. will post 17.29 earnings per share for the current year.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were paid a $1.50 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 2.1%. Royal Caribbean Cruises’s payout ratio is currently 36.61%.

Royal Caribbean Cruises Profile

(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.

See Also

Want to see what other hedge funds are holding RCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report).

Institutional Ownership by Quarter for Royal Caribbean Cruises (NYSE:RCL)

Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.com's FREE daily email newsletter.