Corient Private Wealth LP Sells 31,912 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• Corient Private Wealth cut its Royal Caribbean position by 59.5% in the second quarter, selling 31,912 shares and retaining 21,681 shares worth approximately $6.9 million.
• Royal Caribbean reported quarterly EPS of $4.21, beating estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. The company provided fiscal 2026 EPS guidance of $17.73–$17.87.
• The company declared a quarterly dividend of $1.50, or $6.00 annually, representing a 2.4% yield; analysts maintain a “Moderate Buy” consensus with an average price target of $353.40.

Corient Private Wealth LP reduced its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 59.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,681 shares of the company's stock after selling 31,912 shares during the quarter. Corient Private Wealth LP's holdings in Royal Caribbean Cruises were worth $6,885,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE bought a new stake in shares of Royal Caribbean Cruises in the 2nd quarter worth $321,332,000. TD Asset Management Inc grew its position in Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company's stock worth $244,797,000 after purchasing an additional 201,014 shares in the last quarter. Capital International Sarl grew its position in Royal Caribbean Cruises by 19.3% in the 4th quarter. Capital International Sarl now owns 363,713 shares of the company's stock worth $101,447,000 after purchasing an additional 58,734 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of Royal Caribbean Cruises in the 4th quarter worth approximately $2,027,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Royal Caribbean Cruises in the second quarter valued at approximately $650,000. Institutional investors own 87.53% of the company's stock.

Royal Caribbean Cruises Price Performance

Shares of NYSE RCL opened at $249.88 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The stock has a fifty day simple moving average of $289.82 and a two-hundred day simple moving average of $283.88. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $356.39. The firm has a market cap of $66.83 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.91 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts' consensus estimates of $3.98 by $0.23. The firm had revenue of $4.83 billion for the quarter, compared to analysts' expectations of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.38 EPS. 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. Analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, September 17th. Royal Caribbean Cruises's payout ratio is currently 37.08%.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the business's 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 legal filing with the SEC, which is available through this link. Corporate insiders own 6.44% of the company's stock.

Analysts Set New Price Targets

RCL has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an "equal weight" rating in a research report on Thursday, July 30th. BMO Capital Markets started coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an "outperform" rating and a $370.00 price objective on the stock. TD Cowen upgraded Royal Caribbean Cruises to a "strong-buy" rating in a research note on Tuesday, September 8th. Loop Capital initiated coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They set a "hold" rating and a $304.00 target price for the company. Finally, Wells Fargo & Company lifted their target price on Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $353.40.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group's principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.

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