Global Retirement Partners LLC Takes Position in Royal Caribbean Cruises Ltd. $RCL

Global Retirement Partners LLC acquired a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,908 shares of the company's stock, valued at approximately $1,876,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Montag A & Associates Inc. raised its position in Royal Caribbean Cruises by 184.4% in the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company's stock valued at $25,000 after buying an additional 59 shares during the last quarter. Ares Financial Consulting LLC bought a new stake in Royal Caribbean Cruises in the fourth quarter worth about $26,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of Royal Caribbean Cruises during the 4th quarter valued at approximately $26,000. IMG Wealth Management Inc. purchased a new stake in shares of Royal Caribbean Cruises during the 1st quarter worth approximately $27,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 87.53% of the company's stock.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the business's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the sale, the chief executive officer directly 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 document filed with the SEC, which is available through the SEC website. Corporate insiders own 6.44% of the company's stock.

Wall Street Analysts Forecast Growth

RCL has been the subject of several recent research reports. Barclays decreased their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an "overweight" rating for the company in a report on Friday, May 1st. 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 report on Friday, May 22nd. Weiss Ratings reiterated a "buy (b-)" rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Stifel Nicolaus raised their target price on 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, Deutsche Bank Aktiengesellschaft set a $296.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $353.40.

Royal Caribbean Cruises Stock Down 0.9%

RCL opened at $302.31 on Tuesday. The company has a market cap of $80.85 billion, a P/E ratio of 18.68, a P/E/G ratio of 1.04 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The business's 50-day moving average price is $303.45 and its 200-day moving average price is $292.24. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.82 billion. During the same quarter last year, the business posted $4.38 EPS. The business'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. On average, equities analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

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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