Commerce Bank Invests $15.88 Million in Royal Caribbean Cruises Ltd. $RCL

Commerce Bank bought a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 50,028 shares of the company's stock, valued at approximately $15,885,000.

Other hedge funds have also recently modified their holdings of the company. Montag A & Associates Inc. lifted its position in Royal Caribbean Cruises by 184.4% in the fourth quarter. Montag A & Associates Inc. now owns 91 shares of the company's stock valued at $25,000 after acquiring an additional 59 shares during the last quarter. Bell Investment Advisors Inc purchased a new position in shares of Royal Caribbean Cruises during the second quarter worth about $29,000. Ares Financial Consulting LLC acquired a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth about $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth about $26,000. Finally, Cape Investment Advisory Inc. acquired a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $30,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares of the company's stock, valued at $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.44% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

RCL has been the subject of a number of research analyst reports. BMO Capital Markets began coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an "outperform" rating and a $370.00 target price for the company. Freedom Capital lowered Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. Wells Fargo & Company boosted their price objective on Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Morgan Stanley increased their price objective on 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, Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They set a "hold" rating and a $304.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $353.40.

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $292.29 on Friday. The stock's 50-day moving average price is $304.42 and its 200 day moving average price is $291.73. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $78.17 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.00 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 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 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 analysts' expectations of $4.82 billion. During the same period last year, the firm earned $4.38 EPS. The firm's revenue for the quarter 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. As a group, equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

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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