Handelsbanken Fonder AB Decreases Stake in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Handelsbanken Fonder AB cut its Royal Caribbean stake by 23.4% in the second quarter, selling 65,696 shares and retaining 215,189 shares valued at approximately $68.3 million. Institutional investors still own 87.53% of the company.
• Royal Caribbean reported quarterly EPS of $4.21, beating the $3.98 analyst consensus, while revenue rose 6.5% year over year to $4.83 billion. The company issued fiscal 2026 EPS guidance of $17.73–$17.87.
• RCL shares opened at $308.10 after recently declining 3.7%; analysts maintain a “Moderate Buy” consensus with an average price target of $353.40. CEO Michael Bayley separately sold shares worth about $4.05 million.

Handelsbanken Fonder AB lessened its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 23.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,189 shares of the company's stock after selling 65,696 shares during the quarter. Handelsbanken Fonder AB owned about 0.08% of Royal Caribbean Cruises worth $68,329,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. TD Asset Management Inc lifted its holdings in Royal Caribbean Cruises by 29.7% during 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. Stanley Laman Group Ltd. bought a new position in Royal Caribbean Cruises in the 4th quarter worth about $2,159,000. Dougherty & Associates LLC purchased a new position in Royal Caribbean Cruises during the 4th quarter valued at about $10,827,000. North Dakota State Investment Board purchased a new position in Royal Caribbean Cruises during the 4th quarter valued at about $2,424,000. Finally, Capital International Sarl increased its position in shares of Royal Caribbean Cruises by 19.3% during the fourth quarter. Capital International Sarl now owns 363,713 shares of the company's stock valued at $101,447,000 after buying an additional 58,734 shares during the period. Hedge funds and other institutional investors own 87.53% of the company's stock.

Insider Transactions at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of the company's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, the chief executive officer directly owned 45,297 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.44% of the company's stock.

Royal Caribbean Cruises Trading Down 3.7%

Shares of RCL opened at $308.10 on Tuesday. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The company has a market capitalization of $82.40 billion, a P/E ratio of 19.04, a P/E/G ratio of 1.09 and a beta of 1.77. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The firm's 50 day simple moving average is $301.27 and its 200 day simple moving average is $291.54.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping analysts' consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business's quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.79 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on RCL. Wells Fargo & Company increased their price target on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Loop Capital began coverage on shares of Royal Caribbean Cruises in a research note on Monday, June 1st. They set a "hold" rating and a $304.00 price objective for the company. Freedom Capital lowered shares of Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 29th. Susquehanna increased their target price on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a "positive" rating in a research note on Wednesday, July 29th. Finally, TD Cowen cut their price target on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating for the company in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of "Moderate Buy" and a consensus target price 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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