Sequoia Financial Advisors LLC Sells 8,806 Shares of Royal Caribbean Cruises Ltd. $RCL

Sequoia Financial Advisors LLC lowered its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 29.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,053 shares of the company’s stock after selling 8,806 shares during the period. Sequoia Financial Advisors LLC’s holdings in Royal Caribbean Cruises were worth $6,685,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. University of Texas Texas AM Investment Management Co. acquired a new position in Royal Caribbean Cruises during the 4th quarter worth $26,000. IMG Wealth Management Inc. bought a new stake in shares of Royal Caribbean Cruises in the 1st quarter worth approximately $27,000. Kemnay Advisory Services Inc. bought a new position in Royal Caribbean Cruises in the fourth quarter worth $27,000. Quattro Advisors LLC bought a new position in shares of Royal Caribbean Cruises during the 4th quarter worth about $27,000. Finally, Tucker Asset Management LLC bought a new position in Royal Caribbean Cruises during the fourth quarter worth about $28,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $260.20 on Friday. Royal Caribbean Cruises Ltd. has a one year low of $232.10 and a one year high of $356.39. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The stock’s 50-day moving average is $292.46 and its 200-day moving average is $285.77. The firm has a market cap of $69.59 billion, a price-to-earnings ratio of 16.08, a price-to-earnings-growth ratio of 0.93 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) 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 company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same period last year, the company earned $4.38 earnings per share. The firm’s revenue 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. Equities analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $6.00 annualized dividend and a yield of 2.3%. Royal Caribbean Cruises’s dividend payout ratio is 37.08%.

Insider Activity at Royal Caribbean Cruises

In related news, CEO Michael Bayley sold 12,811 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on RCL. Stifel Nicolaus boosted 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 began coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They set a “hold” rating and a $304.00 price objective on the stock. William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. UBS Group restated a “buy” rating and issued a $367.00 price target on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. Finally, Susquehanna lifted their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $353.40.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.