OMERS ADMINISTRATION Corp bought a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) in the second quarter, Holdings Channel reports. The fund bought 21,499 shares of the company’s stock, valued at approximately $6,827,000.
Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in Royal Caribbean Cruises in the 2nd quarter worth about $6,549,422,000. Capital International Investors grew its position in shares of Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after purchasing an additional 3,215,382 shares in the last quarter. Norges Bank acquired a new position in shares of Royal Caribbean Cruises during the 4th quarter worth approximately $456,752,000. Bank of New York Mellon Corp bought a new position in shares of Royal Caribbean Cruises during the second quarter worth approximately $381,271,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Royal Caribbean Cruises by 25,747.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock valued at $335,307,000 after buying an additional 1,197,510 shares in the last quarter. 87.53% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on RCL shares. Mizuho set a $380.00 price objective on Royal Caribbean Cruises in a report on Friday, May 1st. Stifel Nicolaus increased their target price on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Wells Fargo & Company raised their price target on Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. Finally, Citigroup upped their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $353.40.
Insider Transactions at Royal Caribbean Cruises
In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the company’s stock in a transaction that occurred 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 in the company, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.44% of the company’s stock.
Royal Caribbean Cruises Stock Performance
Shares of RCL stock opened at $293.34 on Tuesday. 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. 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 business’s 50-day moving average price is $304.02 and its 200-day moving average price is $291.20. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.38 earnings per share. 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 research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current 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.
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