7,903 Shares in Royal Caribbean Cruises Ltd. $RCL Purchased by NewEdge Wealth LLC

Key Points

• NewEdge Wealth acquired 7,903 Royal Caribbean shares during the second quarter, valued at approximately $2.51 million. Institutional investors collectively own 87.53% of the company.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $353.40, despite some differing individual ratings.
• Royal Caribbean reported quarterly EPS of $4.21, beating estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. Shares opened at $287.35, down 4.4%.

NewEdge Wealth LLC acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,903 shares of the company's stock, valued at approximately $2,510,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. TD Asset Management Inc lifted its position in shares of Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company's stock worth $244,797,000 after buying an additional 201,014 shares during the last quarter. Dougherty & Associates LLC bought a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at about $10,827,000. North Dakota State Investment Board bought a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at about $2,424,000. Capital International Sarl raised its stake in Royal Caribbean Cruises by 19.3% during the fourth quarter. Capital International Sarl now owns 363,713 shares of the company's stock worth $101,447,000 after acquiring an additional 58,734 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new stake in Royal Caribbean Cruises during the fourth quarter worth about $2,027,000. Institutional investors and hedge funds own 87.53% of the company's stock.

Insider Activity

In related news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was 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 of the company's stock, valued at $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 6.44% of the company's stock.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of research reports. BMO Capital Markets started coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They issued an "outperform" rating and a $370.00 target price for the company. UBS Group reiterated a "buy" rating and set a $367.00 price target on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. Susquehanna raised their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a "positive" rating in a report on Wednesday, July 29th. Freedom Capital lowered Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. Finally, Loop Capital began coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They set a "hold" rating and a $304.00 price objective for the company. One investment 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 stock. According to MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of "Moderate Buy" and an average target price of $353.40.

Royal Caribbean Cruises Trading Down 4.4%

Shares of NYSE:RCL opened at $287.35 on Friday. The company has a market cap of $76.85 billion, a PE ratio of 17.76, a P/E/G ratio of 1.03 and a beta of 1.77. The company's 50-day moving average price is $304.45 and its 200 day moving average price is $291.73. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. 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 (NYSE:RCL - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The firm had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.82 billion. During the same quarter in the prior year, the firm earned $4.38 EPS. 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. Sell-side analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share 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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