EP Wealth Advisors LLC Acquires Shares of 3,090 Royal Caribbean Cruises Ltd. $RCL

EP Wealth Advisors LLC acquired a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, HoldingsChannel reports. The fund acquired 3,090 shares of the company’s stock, valued at approximately $981,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC increased its stake in shares of Royal Caribbean Cruises by 12.2% in the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after buying an additional 143 shares during the period. Woodline Partners LP boosted its holdings in Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after acquiring an additional 6,063 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Royal Caribbean Cruises in the second quarter valued at about $1,762,000. Baird Financial Group Inc. increased its position in Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after purchasing an additional 243 shares during the period. Finally, Brown Advisory Inc. acquired a new stake in Royal Caribbean Cruises in the second quarter worth about $357,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the transaction, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on RCL shares. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Stifel Nicolaus increased their price target on Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Morgan Stanley raised their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. TD Cowen decreased their price objective on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Finally, Loop Capital began coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and an average target price of $353.40.

Royal Caribbean Cruises Trading Up 0.1%

RCL opened at $292.29 on Monday. The stock has a market capitalization of $78.17 billion, a P/E ratio of 18.06, a P/E/G ratio of 1.00 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The firm’s fifty day simple moving average is $304.42 and its 200 day simple moving average is $291.43. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same period last year, the business earned $4.38 EPS. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. As a group, research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

About Royal Caribbean Cruises

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.