Allworth Financial LP Invests $1.70 Million in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Allworth Financial purchased 5,353 shares of Royal Caribbean Cruises worth approximately $1.7 million, while institutional investors collectively own 87.53% of the company.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $353.40; recent targets range from $304 to $380.
• Royal Caribbean exceeded quarterly expectations, reporting $4.21 in EPS versus a $3.98 estimate and $4.83 billion in revenue, up 6.5% year over year. CEO Michael Bayley separately sold 12,811 shares for roughly $4.05 million.

Allworth Financial LP purchased a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,353 shares of the company's stock, valued at approximately $1,700,000.

Other institutional investors have also modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of Royal Caribbean Cruises by 1.2% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company's stock valued at $693,000 after acquiring an additional 30 shares in the last quarter. AlphaStar Capital Management LLC lifted its position in Royal Caribbean Cruises by 4.1% in the 4th quarter. AlphaStar Capital Management LLC now owns 779 shares of the company's stock worth $217,000 after buying an additional 31 shares in the last quarter. Kestra Investment Management LLC lifted its stake in shares of Royal Caribbean Cruises by 2.6% in the 4th quarter. Kestra Investment Management LLC now owns 1,208 shares of the company's stock valued at $337,000 after purchasing an additional 31 shares during the last quarter. Waterloo Capital L.P. grew its holdings in Royal Caribbean Cruises by 2.9% during the fourth quarter. Waterloo Capital L.P. now owns 1,191 shares of the company's stock valued at $332,000 after purchasing an additional 34 shares during the last quarter. Finally, REAP Financial Group LLC increased its position in Royal Caribbean Cruises by 16.8% in the 4th quarter. REAP Financial Group LLC now owns 243 shares of the company's stock worth $68,000 after buying an additional 35 shares during the period. Institutional investors own 87.53% of the company's stock.

Analyst Ratings Changes

RCL has been the subject of a number of analyst reports. Mizuho set a $380.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Loop Capital assumed coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a "hold" rating and a $304.00 price objective for the company. Citigroup increased their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. BMO Capital Markets initiated coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an "outperform" rating and a $370.00 price target on the stock. Finally, TD Cowen lowered their price target on Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating for the company in a report on Friday, May 15th. One 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 data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $353.40.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises 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 transaction, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.44% of the company's stock.

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $292.29 on Friday. The company has a 50 day moving average of $304.42 and a 200-day moving average of $291.73. The company has a market cap of $78.17 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 0.98 and a beta of 1.77. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $4.38 EPS. 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, equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

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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