Caisse de depot et placement du Quebec Makes New Investment in Royal Caribbean Cruises Ltd. $RCL

Caisse de depot et placement du Quebec acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,416 shares of the company's stock, valued at approximately $5,213,000.

Other hedge funds have also recently made changes to their positions in the company. Man Group plc acquired a new stake in Royal Caribbean Cruises during the 2nd quarter worth about $10,556,000. Invst LLC purchased a new position in shares of Royal Caribbean Cruises in the second quarter worth about $201,000. Jupiter Topco LLC acquired a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $597,350,000. Wedbush Fund Advisers LLC boosted its position in Royal Caribbean Cruises by 182.9% in the second quarter. Wedbush Fund Advisers LLC now owns 116 shares of the company's stock valued at $37,000 after buying an additional 75 shares during the last quarter. Finally, J. Goldman & Co LP purchased a new stake in Royal Caribbean Cruises in the second quarter valued at approximately $278,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Down 1.7%

RCL opened at $279.93 on Friday. The company has a market cap of $74.87 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 0.95 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $366.50. The company has a 50-day moving average price of $302.18 and a 200 day moving average price of $290.18. 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 quarterly earnings data 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 return on equity of 43.33% and a net margin of 23.54%.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 previous year, the business 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 expect that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

RCL has been the subject of a number of recent research reports. BMO Capital Markets began coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an "outperform" rating and a $370.00 price target for the company. Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a "hold" rating and a $304.00 price objective on the stock. TD Cowen decreased their target price on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating for the company in a research report on Friday, May 15th. Morgan Stanley upped their price target on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an "equal weight" rating in a report on Thursday, July 30th. Finally, Citigroup upped their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $353.40.

Insiders Place Their Bets

In other Royal Caribbean Cruises 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 sale, the chief executive officer owned 45,297 shares of the company's stock, valued at $14,313,399.03. The trade was a 22.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.44% of the company's stock.

Royal Caribbean Cruises Company 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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