BI Asset Management Fondsmaeglerselskab A S Grows Stake in Royal Caribbean Cruises Ltd. $RCL

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its Royal Caribbean stake by 16.4% in the fourth quarter, buying 8,832 more shares and bringing its total to 62,709 shares worth about $17.5 million.
• Institutional ownership remains very high, with 87.53% of Royal Caribbean shares held by hedge funds and other institutional investors, including large positions from Capital International Investors, Vanguard, State Street, and Geode.
• Royal Caribbean reported better-than-expected quarterly earnings of $3.60 per share and raised its outlook, while analysts currently rate the stock a Moderate Buy with an average price target of $344.79.

BI Asset Management Fondsmaeglerselskab A S raised its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,709 shares of the company's stock after acquiring an additional 8,832 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Royal Caribbean Cruises were worth $17,491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Capital International Investors raised its position in shares of Royal Caribbean Cruises by 0.9% in the third quarter. Capital International Investors now owns 32,949,976 shares of the company's stock valued at $10,662,989,000 after purchasing an additional 308,330 shares during the period. Vanguard Group Inc. increased its holdings in Royal Caribbean Cruises by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,253,450 shares of the company's stock worth $8,438,292,000 after acquiring an additional 187,283 shares during the period. State Street Corp increased its holdings in Royal Caribbean Cruises by 0.8% during the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company's stock worth $3,433,052,000 after acquiring an additional 84,202 shares during the period. Geode Capital Management LLC increased its holdings in Royal Caribbean Cruises by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company's stock worth $1,961,758,000 after acquiring an additional 155,491 shares during the period. Finally, Northern Trust Corp increased its holdings in Royal Caribbean Cruises by 2.7% during the 3rd quarter. Northern Trust Corp now owns 2,474,766 shares of the company's stock worth $800,785,000 after acquiring an additional 65,714 shares during the period. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RCL has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Royal Caribbean Cruises in a report on Wednesday, March 25th. TD Cowen decreased their target price on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating on the stock in a report on Friday, May 15th. Wells Fargo & Company upped their target price on shares of Royal Caribbean Cruises from $349.00 to $360.00 and gave the stock an "overweight" rating in a report on Friday, May 1st. Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They set a "hold" rating and a $304.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $296.00 target price on shares of Royal Caribbean Cruises in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $344.79.

Royal Caribbean Cruises Price Performance

Shares of NYSE:RCL opened at $280.85 on Friday. The company's fifty day moving average price is $271.05 and its 200-day moving average price is $283.13. The firm has a market capitalization of $75.33 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 0.98 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a one year low of $232.10 and a one year high of $366.50. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, topping analysts' consensus estimates of $3.20 by $0.40. The firm had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.71 EPS. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, equities research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be paid a $1.50 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. Royal Caribbean Cruises's dividend payout ratio is 36.61%.

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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