Royal Caribbean Cruises Ltd. $RCL Position Reduced by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 19.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,126 shares of the company’s stock after selling 2,842 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Royal Caribbean Cruises were worth $3,851,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Greenleaf Trust boosted its position in shares of Royal Caribbean Cruises by 1.6% in the second quarter. Greenleaf Trust now owns 5,226 shares of the company’s stock worth $1,659,000 after buying an additional 82 shares during the period. New Mexico Educational Retirement Board lifted its position in shares of Royal Caribbean Cruises by 8.7% in the second quarter. New Mexico Educational Retirement Board now owns 12,450 shares of the company’s stock worth $3,953,000 after purchasing an additional 1,000 shares in the last quarter. Mufg Securities Americas Inc. grew its position in Royal Caribbean Cruises by 7.9% during the second quarter. Mufg Securities Americas Inc. now owns 7,513 shares of the company’s stock valued at $2,386,000 after purchasing an additional 551 shares in the last quarter. Van ECK Associates Corp increased its stake in Royal Caribbean Cruises by 1,388.7% in the 2nd quarter. Van ECK Associates Corp now owns 43,454 shares of the company’s stock valued at $13,798,000 after buying an additional 40,535 shares during the period. Finally, Nissay Asset Management Corp Japan purchased a new stake in Royal Caribbean Cruises in the 2nd quarter worth approximately $44,965,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Truist Financial lowered their price target on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a report on Friday, May 22nd. 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 note on Wednesday, July 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. Susquehanna lifted their target price on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a research note on Wednesday, July 29th. Finally, Freedom Capital lowered shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $353.40.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael 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 transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 6.44% of the stock is owned by corporate insiders.

Royal Caribbean Cruises Stock Performance

RCL opened at $265.07 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The stock’s 50 day moving average price is $298.20 and its two-hundred day moving average price is $287.88. The firm has a market capitalization of $70.89 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 0.95 and a beta of 1.74. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $362.79.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share 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 analysts’ expectations of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.Royal Caribbean Cruises’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, equities analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

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

Royal Caribbean Cruises Profile

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.