Capital Group Investment Management PTE. LTD. Has $11.20 Million Stake in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Capital Group Investment Management increased its Royal Caribbean Cruises stake by 13.3% in the fourth quarter, lifting holdings to 40,144 shares valued at about $11.2 million.
• Wall Street sentiment remains positive overall, with Royal Caribbean carrying a Moderate Buy consensus and a price target of $344.79, even as several analysts trimmed their targets.
• The company reported strong quarterly results, beating earnings expectations with $3.60 EPS and 11.3% revenue growth, while also announcing a $1.50 quarterly dividend payable July 2.

Capital Group Investment Management PTE. LTD. raised its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 13.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,144 shares of the company's stock after purchasing an additional 4,708 shares during the quarter. Royal Caribbean Cruises makes up about 1.8% of Capital Group Investment Management PTE. LTD.'s portfolio, making the stock its 10th biggest holding. Capital Group Investment Management PTE. LTD.'s holdings in Royal Caribbean Cruises were worth $11,197,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the stock. Pinnacle Wealth Management Advisory Group LLC grew its stake in 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 purchasing an additional 30 shares in the last quarter. AlphaStar Capital Management LLC grew its stake in Royal Caribbean Cruises by 4.1% in the fourth quarter. AlphaStar Capital Management LLC now owns 779 shares of the company's stock valued at $217,000 after purchasing an additional 31 shares in the last quarter. Kestra Investment Management LLC grew its stake in Royal Caribbean Cruises by 2.6% in the fourth 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 in the last quarter. Waterloo Capital L.P. grew its stake in Royal Caribbean Cruises by 2.9% in 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 in the last quarter. Finally, REAP Financial Group LLC grew its stake in Royal Caribbean Cruises by 16.8% in the fourth quarter. REAP Financial Group LLC now owns 243 shares of the company's stock valued at $68,000 after purchasing an additional 35 shares in the last quarter. 87.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of recent analyst reports. Morgan Stanley cut their price objective on Royal Caribbean Cruises from $310.00 to $280.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 26th. JPMorgan Chase & Co. cut their price objective on Royal Caribbean Cruises from $376.00 to $341.00 and set an "overweight" rating for the company in a research report on Wednesday, April 8th. Barclays cut their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an "overweight" rating for the company in a research report on Friday, May 1st. UBS Group cut their price objective on Royal Caribbean Cruises from $321.00 to $309.00 and set a "buy" rating for the company in a research report on Thursday, May 14th. Finally, Truist Financial cut their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a "hold" rating for the company in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Royal Caribbean Cruises currently has a consensus rating of "Moderate Buy" and a consensus price target of $344.79.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $280.85 on Friday. The stock has a market cap of $75.33 billion, a P/E ratio of 17.14, a PEG ratio of 0.98 and a beta of 1.77. The stock has a 50 day simple moving average of $271.05 and a 200 day simple moving average of $283.13. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96. 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 released its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, topping the consensus estimate of $3.20 by $0.40. The business had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the firm posted $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. Research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

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

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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