Danske Bank A S Invests $42.73 Million in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Danske Bank initiated a $42.7 million position in Royal Caribbean Cruises during the second quarter, purchasing 134,585 shares. Institutional investors and hedge funds collectively own 87.53% of RCL.
• 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 issued fiscal 2026 EPS guidance of $17.730–$17.870.
• RCL opened at $301.24, with analysts maintaining a “Moderate Buy” consensus and an average price target of $353.40; however, CEO Michael Bayley sold 12,811 shares for approximately $4.05 million.

Danske Bank A S purchased a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 134,585 shares of the company's stock, valued at approximately $42,735,000. Danske Bank A S owned about 0.05% of Royal Caribbean Cruises at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of RCL. Brighton Jones LLC raised its holdings in Royal Caribbean Cruises by 12.2% in the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company's stock worth $303,000 after purchasing an additional 143 shares during the period. Woodline Partners LP raised its stake in shares of Royal Caribbean Cruises by 40.8% during the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company's stock worth $4,297,000 after purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Royal Caribbean Cruises in the 2nd quarter valued at approximately $1,762,000. Baird Financial Group Inc. boosted its holdings in shares of Royal Caribbean Cruises by 5.4% in the 2nd quarter. Baird Financial Group Inc. now owns 4,772 shares of the company's stock valued at $1,494,000 after buying an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Royal Caribbean Cruises during the second quarter worth approximately $357,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Michael W. Bayley sold 12,811 shares of the business's 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 transaction, the chief executive officer owned 45,297 shares of the company's stock, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.44% of the company's stock.

Royal Caribbean Cruises Stock Performance

NYSE RCL opened at $301.24 on Thursday. 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 firm has a market capitalization of $80.57 billion, a price-to-earnings ratio of 18.62, a P/E/G ratio of 1.02 and a beta of 1.77. The firm's 50 day simple moving average is $304.47 and its 200 day simple moving average is $291.99. 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 announced its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. During the same period in the previous year, the business earned $4.38 earnings per share. The company's 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. As a group, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on RCL shares. Truist Financial cut their price target on Royal Caribbean Cruises from $318.00 to $297.00 and set a "hold" rating for the company in a research note on Friday, May 22nd. Morgan Stanley raised their price objective on Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 30th. Loop Capital began coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They issued a "hold" rating and a $304.00 price objective for the company. Freedom Capital downgraded Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus increased their target price on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, Royal Caribbean Cruises has an average rating of "Moderate Buy" and an average price target of $353.40.

About Royal Caribbean Cruises

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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