OneAscent Investment Solutions LLC Makes New $206,000 Investment in Royal Caribbean Cruises Ltd. $RCL

Key Points

• OneAscent Investment Solutions LLC invested $206,000 in Royal Caribbean Cruises Ltd. by purchasing 1,004 shares during the first quarter, according to their SEC disclosure.
• Significant investor activity includes Capital International Investors, which increased its stake by 0.9% to own over $6.8 billion worth of shares, indicating strong institutional interest in the company.
• Royal Caribbean Cruises has received multiple "buy" ratings from several analysts, with target prices ranging from $230.00 to $405.00, reflecting confidence in the stock's potential for growth.

OneAscent Investment Solutions LLC purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 1,004 shares of the company's stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in RCL. Brighton Jones LLC grew its holdings in shares of Royal Caribbean Cruises by 12.2% during the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company's stock valued at $303,000 after purchasing an additional 143 shares during the last quarter. Mariner LLC grew its holdings in shares of Royal Caribbean Cruises by 6.8% during the 4th quarter. Mariner LLC now owns 84,451 shares of the company's stock valued at $19,484,000 after purchasing an additional 5,376 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in shares of Royal Caribbean Cruises by 3.3% during the 4th quarter. CreativeOne Wealth LLC now owns 8,070 shares of the company's stock valued at $1,862,000 after purchasing an additional 258 shares during the last quarter. Belpointe Asset Management LLC bought a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at approximately $313,000. Finally, Insigneo Advisory Services LLC grew its holdings in shares of Royal Caribbean Cruises by 6.4% during the 4th quarter. Insigneo Advisory Services LLC now owns 3,321 shares of the company's stock valued at $766,000 after purchasing an additional 200 shares during the last quarter. 87.53% of the stock is owned by institutional investors.

Royal Caribbean Cruises Trading Up 0.6%

Shares of NYSE:RCL traded up $1.9290 during trading on Tuesday, reaching $328.7290. The stock had a trading volume of 1,321,760 shares, compared to its average volume of 2,520,479. The firm's fifty day moving average is $313.83 and its 200 day moving average is $258.91. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. Royal Caribbean Cruises Ltd. has a 52 week low of $154.08 and a 52 week high of $355.91. The stock has a market cap of $89.29 billion, a price-to-earnings ratio of 24.64, a P/E/G ratio of 0.88 and a beta of 2.22.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, beating analysts' consensus estimates of $4.04 by $0.34. Royal Caribbean Cruises had a net margin of 20.97% and a return on equity of 47.15%. The company had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same period in the prior year, the firm posted $3.21 EPS. The company's quarterly revenue was up 10.4% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. As a group, equities analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Richard D. Fain sold 16,000 shares of the business's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total transaction of $4,976,320.00. Following the transaction, the director owned 150,291 shares in the company, valued at $46,743,506.82. The trade was a 9.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Henry L. Pujol sold 5,207 shares of the business's stock in a transaction on Wednesday, July 30th. The shares were sold at an average price of $329.47, for a total transaction of $1,715,550.29. Following the transaction, the chief accounting officer owned 7,826 shares in the company, valued at $2,578,432.22. The trade was a 39.95% decrease in their position. The disclosure for this sale can be found here. 6.95% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. UBS Group boosted their target price on shares of Royal Caribbean Cruises from $311.00 to $353.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Citigroup boosted their target price on shares of Royal Caribbean Cruises from $390.00 to $399.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Loop Capital reissued a "buy" rating and set a $290.00 target price (up from $250.00) on shares of Royal Caribbean Cruises in a report on Tuesday, June 3rd. Truist Financial set a $337.00 target price on shares of Royal Caribbean Cruises in a report on Wednesday, July 30th. Finally, Barclays boosted their target price on shares of Royal Caribbean Cruises from $263.00 to $358.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $323.10.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.