Amundi Sells 108,912 Shares of Royal Caribbean Cruises Ltd. $RCL

Amundi lessened its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 11.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 858,710 shares of the company's stock after selling 108,912 shares during the quarter. Amundi owned approximately 0.32% of Royal Caribbean Cruises worth $272,666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $265.02 on Tuesday. The firm has a market cap of $70.88 billion, a P/E ratio of 16.38, a P/E/G ratio of 0.95 and a beta of 1.74. 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 12 month low of $232.10 and a 12 month high of $362.79. The stock's fifty day moving average price is $295.94 and its 200-day moving average price is $287.09.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly earnings data 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 net margin of 23.54% and a return on equity of 43.33%. The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period in the prior year, the firm earned $4.38 earnings per share. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. 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 research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 17th. Royal Caribbean Cruises's dividend payout ratio is presently 37.08%.

Analyst Ratings Changes

Several research firms recently commented on RCL. Citigroup lifted their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Weiss Ratings lowered Royal Caribbean Cruises from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday. William Blair reiterated an "outperform" rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. Freedom Capital cut Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 29th. Finally, Stifel Nicolaus boosted their target price on Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $353.40.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction that occurred 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 directly owned 45,297 shares in the company, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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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