Meeder Asset Management Inc. Makes New $8.80 Million Investment in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Meeder Asset Management acquired 27,722 Royal Caribbean shares worth approximately $8.8 million in the second quarter. Institutional investors and hedge funds collectively own 87.53% of RCL.
• Royal Caribbean reported quarterly earnings of $4.21 per share, exceeding estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $353.40; Wells Fargo recently raised its target to $388.

Meeder Asset Management Inc. acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,722 shares of the company's stock, valued at approximately $8,803,000.

Other large investors also recently modified their holdings of the company. TD Asset Management Inc increased its stake in shares of Royal Caribbean Cruises by 29.7% in the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company's stock worth $244,797,000 after buying an additional 201,014 shares during the last quarter. Dougherty & Associates LLC bought a new position in Royal Caribbean Cruises during the 4th quarter valued at $10,827,000. North Dakota State Investment Board bought a new position in Royal Caribbean Cruises during the 4th quarter valued at $2,424,000. Capital International Sarl boosted its stake in Royal Caribbean Cruises by 19.3% during the 4th quarter. Capital International Sarl now owns 363,713 shares of the company's stock valued at $101,447,000 after acquiring an additional 58,734 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in Royal Caribbean Cruises during the 4th quarter worth $2,027,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Down 0.9%

RCL stock opened at $302.31 on Tuesday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The firm has a fifty day moving average price of $303.45 and a two-hundred day moving average price of $292.24. The firm has a market cap of $80.85 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.04 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $4.83 billion for the quarter, compared to analysts' expectations of $4.82 billion. During the same period in the prior year, the company earned $4.38 earnings per share. The firm's revenue was up 6.5% compared to the same quarter last year. 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. Research analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Insider Buying and Selling at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction dated 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 in the company, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on RCL. Wells Fargo & Company boosted their target price on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Zacks Research upgraded Royal Caribbean Cruises from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 18th. Loop Capital started 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. Finally, Mizuho set a $380.00 target price on Royal Caribbean Cruises in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, Royal Caribbean Cruises currently 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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