Cibc World Market Inc. Buys 12,241 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• Cibc World Market Inc. boosted its stake in Royal Caribbean Cruises by 43% in the fourth quarter, buying 12,241 additional shares and bringing its total holdings to 40,741 shares worth about $11.36 million.
• Royal Caribbean reported strong quarterly earnings, posting $3.60 EPS versus expectations of $3.20, while revenue reached $4.45 billion and rose 11.3% year over year.
• Analyst sentiment remains mixed but generally positive, with a consensus rating of “Moderate Buy” and an average price target of $344.79; the company also announced a $1.50 per-share quarterly dividend payable July 2.

Cibc World Market Inc. increased its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 43.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,741 shares of the company's stock after purchasing an additional 12,241 shares during the quarter. Cibc World Market Inc.'s holdings in Royal Caribbean Cruises were worth $11,363,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Royal Caribbean Cruises by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 30,066,167 shares of the company's stock worth $9,728,810,000 after purchasing an additional 461,990 shares during the period. Russell Investments Group Ltd. raised its holdings in Royal Caribbean Cruises by 49.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company's stock worth $37,931,000 after purchasing an additional 38,698 shares during the period. Crossmark Global Holdings Inc. raised its holdings in Royal Caribbean Cruises by 19.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 39,123 shares of the company's stock worth $12,659,000 after purchasing an additional 6,253 shares during the period. WINTON GROUP Ltd raised its holdings in Royal Caribbean Cruises by 1,231.6% in the 3rd quarter. WINTON GROUP Ltd now owns 20,173 shares of the company's stock worth $6,528,000 after purchasing an additional 18,658 shares during the period. Finally, First National Bank of Omaha bought a new position in Royal Caribbean Cruises in the 3rd quarter worth $3,182,000. 87.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on RCL. TD Cowen decreased their price target on Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating on the stock in a report on Friday, May 15th. Zacks Research cut Royal Caribbean Cruises from a "hold" rating to a "strong sell" rating in a report on Wednesday, May 20th. UBS Group decreased their price target on Royal Caribbean Cruises from $321.00 to $309.00 and set a "buy" rating on the stock in a report on Thursday, May 14th. Freedom Capital raised Royal Caribbean Cruises to a "strong-buy" rating in a report on Wednesday. Finally, Stifel Nicolaus set a $410.00 price target on Royal Caribbean Cruises in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $344.79.

Royal Caribbean Cruises Price Performance

NYSE:RCL opened at $280.85 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. The business's 50-day simple moving average is $271.05 and its two-hundred day simple moving average is $283.13. The stock has a market cap of $75.33 billion, a PE ratio of 17.14, a P/E/G ratio of 0.98 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating analysts' consensus estimates of $3.20 by $0.40. The business had revenue of $4.45 billion for 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 business's quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $2.71 earnings per share. 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. As a group, analysts forecast that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be given a dividend of $1.50 per share. The ex-dividend date 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 (DPR) is presently 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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