4,800 Royal Caribbean Cruises Ltd. $RCL Shares Acquired by Banque Pictet & Cie SA

Key Points

• Banque Pictet & Cie SA increased its Royal Caribbean stake by 413.8% in the third quarter, buying 4,800 additional shares to hold 5,960 shares valued at approximately $1.585 million.
• Royal Caribbean reported quarterly EPS of $4.21, exceeding estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. The company issued fiscal 2026 EPS guidance of $17.73–$17.87.
• Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and an average price target of $350.88, compared with the stock’s reported price of $277.16. The company also pays a $1.50 quarterly dividend, yielding about 2.2% annually.

Banque Pictet & Cie SA grew its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 413.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,960 shares of the company's stock after purchasing an additional 4,800 shares during the quarter. Banque Pictet & Cie SA's holdings in Royal Caribbean Cruises were worth $1,585,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. IMG Wealth Management Inc. purchased a new position in Royal Caribbean Cruises in the 1st quarter valued at about $27,000. Main Street Group LTD acquired a new stake in Royal Caribbean Cruises in the 1st quarter worth about $28,000. Monetary Solutions Ltd acquired a new stake in Royal Caribbean Cruises in the 4th quarter worth about $29,000. Bell Investment Advisors Inc acquired a new stake in Royal Caribbean Cruises in the 2nd quarter worth about $29,000. Finally, NBH Bank purchased a new stake in Royal Caribbean Cruises during the 2nd quarter worth approximately $29,000. Hedge funds and other institutional investors own 87.53% of the company's stock.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $277.16 on Friday. The company has a fifty day simple moving average of $273.54 and a 200-day simple moving average of $281.80. The firm has a market capitalization of $74.13 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 0.98 and a beta of 1.82. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a 52-week low of $222.22 and a 52-week high of $356.39.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts' consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company's quarterly revenue 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 anticipate that Royal Caribbean Cruises Ltd. will post 17.79 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, September 17th. Royal Caribbean Cruises's dividend payout ratio is currently 37.08%.

Analyst Upgrades and Downgrades

Several research firms have commented on RCL. Citigroup reiterated a "buy" rating on shares of Royal Caribbean Cruises in a research note on Friday, October 2nd. UBS Group restated a "buy" rating on shares of Royal Caribbean Cruises in a research report on Wednesday, September 23rd. Bank of America upgraded Royal Caribbean Cruises from a "neutral" rating to a "buy" rating and set a $330.00 target price on the stock in a research report on Monday, September 28th. TD Cowen raised Royal Caribbean Cruises to a "strong-buy" rating in a research note on Tuesday, September 8th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $355.00 price target (down from $380.00) on shares of Royal Caribbean Cruises in a research report on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, Royal Caribbean Cruises has a consensus rating of "Moderate Buy" and an average price target of $350.88.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction dated 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 owned 45,297 shares in the company, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.44% of the company's stock.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group NYSE: RCL, is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company's principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.

Want to see what other hedge funds are holding RCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.