37,346 Shares in Royal Caribbean Cruises Ltd. $RCL Purchased by Wealthfront Advisers LLC

Key Points

• Wealthfront Advisers initiated a Royal Caribbean position by purchasing 37,346 shares worth approximately $11.9 million. Institutional investors and hedge funds collectively own 87.53% of the company.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $353.40, despite mixed recent target-price adjustments.
• Royal Caribbean reported quarterly earnings of $4.21 per share, exceeding estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. CEO Michael Bayley separately sold shares valued at about $4.05 million.

Wealthfront Advisers 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 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,346 shares of the company's stock, valued at approximately $11,858,000.

Other institutional investors also recently added to or reduced their stakes in the company. Capital International Investors increased its position in Royal Caribbean Cruises by 9.8% in the fourth 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 during the period. Vanguard Group Inc. lifted its position in Royal Caribbean Cruises by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,253,450 shares of the company's stock valued at $8,438,292,000 after purchasing an additional 187,283 shares during the period. BlackRock Inc. acquired a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $6,549,422,000. Capital Research Global Investors boosted its stake in shares of Royal Caribbean Cruises by 4.8% in the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company's stock valued at $5,627,669,000 after purchasing an additional 920,042 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Royal Caribbean Cruises by 0.8% in the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company's stock valued at $3,433,052,000 after purchasing an additional 84,202 shares during the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on RCL. William Blair reissued an "outperform" rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Morgan Stanley raised their price objective on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an "equal weight" rating in a research note on Thursday, July 30th. BMO Capital Markets started coverage on shares of Royal Caribbean Cruises in a report on Tuesday, July 7th. They set an "outperform" rating and a $370.00 target price for the company. Zacks Research upgraded shares of Royal Caribbean Cruises from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 18th. Finally, Barclays cut their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an "overweight" rating on the stock in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $353.40.

Royal Caribbean Cruises Stock Down 0.5%

RCL stock opened at $300.37 on Wednesday. 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 has a market capitalization of $80.33 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 1.04 and a beta of 1.77. The business's fifty day moving average price is $303.82 and its two-hundred day moving average price is $292.29. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter last year, the firm earned $4.38 earnings per share. The company's 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. On average, equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

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 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 sale, the chief executive officer directly owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 6.44% of the company's stock.

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.

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