Deutsche Bank AG Purchases New Position in Royal Caribbean Cruises Ltd. $RCL

Deutsche Bank AG purchased a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 765,671 shares of the company's stock, valued at approximately $243,124,000. Deutsche Bank AG owned approximately 0.29% of Royal Caribbean Cruises at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Royal Caribbean Cruises by 12.2% in the 4th 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 holdings in Royal Caribbean Cruises by 40.8% during the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company's stock valued at $4,297,000 after buying an additional 6,063 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in Royal Caribbean Cruises during the 2nd quarter valued at $1,762,000. Baird Financial Group Inc. lifted its position in Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company's stock worth $1,494,000 after buying an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. bought a new stake in Royal Caribbean Cruises in the second quarter worth $357,000. 87.53% of the stock is owned by institutional investors.

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 shares were 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 approximately $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.44% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on RCL shares. Truist Financial dropped their price objective on shares of 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. Susquehanna increased their target price on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a "positive" rating in a research note on Wednesday, July 29th. Weiss Ratings restated a "buy (b-)" rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. Stifel Nicolaus lifted their price target on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Finally, Freedom Capital downgraded shares of Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 29th. One investment 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.com, the stock has an average rating of "Moderate Buy" and an average target price of $353.40.

Royal Caribbean Cruises Price Performance

Shares of RCL stock opened at $300.37 on Wednesday. Royal Caribbean Cruises Ltd. has a 52-week low of $232.10 and a 52-week high of $366.50. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The firm has a market capitalization of $80.33 billion, a P/E ratio of 18.56, a P/E/G ratio of 1.04 and a beta of 1.77. The stock has a 50 day moving average price of $303.82 and a 200 day moving average price of $292.29.

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 (EPS) for the quarter, beating analysts' consensus estimates of $3.98 by $0.23. The company had revenue of $4.83 billion during 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%.Royal Caribbean Cruises's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share 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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