Meiji Yasuda Asset Management Co Ltd. Purchases New Position in Royal Caribbean Cruises Ltd. $RCL

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, Holdings Channel reports. The firm purchased 6,002 shares of the company’s stock, valued at approximately $1,906,000.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of 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 purchasing an additional 143 shares in the last quarter. Woodline Partners LP boosted its position 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 buying an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Royal Caribbean Cruises in the second quarter valued at about $1,762,000. Baird Financial Group Inc. grew its stake in Royal Caribbean Cruises by 5.4% during the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after buying an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. bought a new stake in Royal Caribbean Cruises during the second quarter worth about $357,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

Shares of RCL stock opened at $293.34 on Tuesday. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The firm’s 50 day moving average is $304.02 and its 200-day moving average is $291.20. The firm has a market capitalization of $78.45 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.00 and a beta of 1.77.

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, beating analysts’ consensus estimates 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 business had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter last year, the business posted $4.38 earnings per share. Royal Caribbean Cruises’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on RCL shares. Stifel Nicolaus lifted their target price on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Loop Capital initiated coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They set a “hold” rating and a $304.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. Barclays cut their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Finally, BMO Capital Markets started coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $353.40.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 6.44% of the company’s stock.

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.