314,249 Shares in Royal Caribbean Cruises Ltd. $RCL Acquired by Silvant Capital Management LLC

Key Points

• Silvant Capital Management acquired 314,249 shares of Royal Caribbean Cruises, valued at approximately $99.8 million, making RCL its 10th-largest holding and representing 2.9% of its portfolio.
• Royal Caribbean reported quarterly earnings of $4.21 per share, beating estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. Institutional investors and hedge funds own 87.53% of the stock.
• RCL shares were trading at $287.35 after declining 4.4%; analysts maintain a Moderate Buy consensus with an average price target of $353.40.

Silvant Capital Management LLC purchased a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 314,249 shares of the company's stock, valued at approximately $99,784,000. Royal Caribbean Cruises accounts for 2.9% of Silvant Capital Management LLC's investment portfolio, making the stock its 10th largest holding. Silvant Capital Management LLC owned 0.12% of Royal Caribbean Cruises as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of RCL. Advisors Capital Management LLC acquired a new position in shares of Royal Caribbean Cruises during the second quarter worth about $263,000. PCM Encore LLC purchased a new position in shares of Royal Caribbean Cruises in the second quarter valued at $937,000. Vise Technologies Inc. acquired a new position in Royal Caribbean Cruises during the second quarter worth about $3,480,000. E Fund Management Co. Ltd. acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth approximately $1,987,000. Finally, Frazier Financial Advisors LLC acquired a new position in shares of Royal Caribbean Cruises in the second quarter worth $83,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Trading Down 4.4%

NYSE RCL opened at $287.35 on Friday. The company has a market capitalization of $76.85 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 1.03 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 company's fifty day moving average price is $304.45 and its two-hundred day moving average price is $291.73. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced 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. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the company earned $4.38 earnings per share. Royal Caribbean Cruises'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 predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on RCL shares. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. Stifel Nicolaus lifted their target price on Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Truist Financial lowered their price target on Royal Caribbean Cruises from $318.00 to $297.00 and set a "hold" rating for the company in a research report on Friday, May 22nd. Mizuho set a $380.00 target price on Royal Caribbean Cruises in a report on Friday, May 1st. Finally, Citigroup increased their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $353.40.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the business's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.44% of the stock is currently owned by insiders.

Royal Caribbean Cruises Company 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.

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