Ameritas Advisory Services LLC Buys Shares of 5,688 Royal Caribbean Cruises Ltd. $RCL

Key Points

• Ameritas Advisory Services LLC purchased 5,688 shares of Royal Caribbean Cruises Ltd., valued at approximately $1,781,000, as part of their second-quarter investment strategy.
• Royal Caribbean recently reported an earnings per share (EPS) of $4.38, exceeding analysts' expectations, and set FY 2025 guidance between $15.410 - $15.550 EPS.
• The company has announced an increase in its quarterly dividend to $1.00 per share, representing a 1.3% annual yield, up from the previous $0.75 dividend.

Ameritas Advisory Services LLC bought a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,688 shares of the company's stock, valued at approximately $1,781,000.

Other institutional investors have also added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. purchased a new position in Royal Caribbean Cruises during the 1st quarter valued at about $25,000. Hughes Financial Services LLC purchased a new position in Royal Caribbean Cruises during the 1st quarter valued at about $26,000. Opal Wealth Advisors LLC purchased a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $27,000. Optimum Investment Advisors purchased a new position in Royal Caribbean Cruises during the 1st quarter valued at about $31,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 87.53% of the company's stock.

Royal Caribbean Cruises Stock Down 1.8%

RCL stock opened at $314.39 on Friday. The firm has a 50 day moving average of $331.57 and a 200 day moving average of $281.60. The stock has a market capitalization of $85.40 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 0.90 and a beta of 2.08. The company has a quick ratio of 0.21, a current ratio of 0.23 and a debt-to-equity ratio of 1.88. Royal Caribbean Cruises Ltd. has a 52 week low of $164.01 and a 52 week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, topping analysts' consensus estimates of $4.04 by $0.34. The company had revenue of $4.54 billion during the quarter, compared to analysts' expectations of $4.54 billion. Royal Caribbean Cruises had a net margin of 20.97% and a return on equity of 47.15%. Royal Caribbean Cruises's revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the business earned $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 13th. Shareholders of record on Thursday, September 25th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 25th. This is a positive change from Royal Caribbean Cruises's previous quarterly dividend of $0.75. Royal Caribbean Cruises's dividend payout ratio (DPR) is presently 29.99%.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Vagn O. Sorensen sold 10,300 shares of Royal Caribbean Cruises stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total transaction of $3,399,412.00. Following the completion of the sale, the director directly owned 16,407 shares in the company, valued at approximately $5,414,966.28. The trade was a 38.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Richard D. Fain sold 16,000 shares of Royal Caribbean Cruises stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total transaction of $4,976,320.00. Following the sale, the director owned 150,291 shares of the company's stock, valued at approximately $46,743,506.82. The trade was a 9.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,507 shares of company stock worth $10,091,282. Company insiders own 6.95% of the company's stock.

Wall Street Analyst Weigh In

RCL has been the topic of a number of research reports. Jefferies Financial Group raised their target price on shares of Royal Caribbean Cruises from $235.00 to $315.00 and gave the company a "hold" rating in a research report on Monday, July 7th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Royal Caribbean Cruises in a research report on Saturday, September 27th. Bank of America lifted their price objective on shares of Royal Caribbean Cruises from $230.00 to $355.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Stifel Nicolaus lifted their price objective on shares of Royal Caribbean Cruises from $400.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Finally, TD Cowen initiated coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 22nd. They issued a "buy" rating and a $405.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $326.95.

Royal Caribbean Cruises Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

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