Pacer Advisors Inc. Sells 7,332 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• Pacer Advisors reduced its Royal Caribbean stake by 36.4%, selling 7,332 shares and retaining 12,796 shares valued at approximately $3.52 million. Institutional investors collectively own 87.53% of RCL.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $353.40; targets cited in the article range from $296 to $367.
• Royal Caribbean exceeded quarterly expectations with EPS of $4.21 versus a $3.98 estimate and revenue of $4.83 billion, up 6.5% year over year. CEO Michael Bayley separately sold 12,811 shares for about $4.05 million.

Pacer Advisors Inc. cut its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 36.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,796 shares of the company's stock after selling 7,332 shares during the period. Pacer Advisors Inc.'s holdings in Royal Caribbean Cruises were worth $3,521,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Montag A & Associates Inc. boosted its position in Royal Caribbean Cruises by 184.4% in the fourth quarter. Montag A & Associates Inc. now owns 91 shares of the company's stock worth $25,000 after purchasing an additional 59 shares during the last quarter. Ares Financial Consulting LLC purchased a new position in shares of Royal Caribbean Cruises in the fourth quarter worth approximately $26,000. University of Texas Texas AM Investment Management Co. bought a new stake in Royal Caribbean Cruises during the fourth quarter valued at approximately $26,000. Quattro Advisors LLC purchased a new stake in Royal Caribbean Cruises during the fourth quarter valued at approximately $27,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Royal Caribbean Cruises during the fourth quarter valued at approximately $27,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on RCL shares. Deutsche Bank Aktiengesellschaft set a $296.00 price target on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. UBS Group reissued a "buy" rating and set a $367.00 price target on shares of Royal Caribbean Cruises in a report on Monday. Citigroup upped their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Loop Capital initiated coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They set a "hold" rating and a $304.00 price objective on the stock. Finally, Freedom Capital lowered 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 given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Royal Caribbean Cruises currently has a consensus rating of "Moderate Buy" and a consensus target price of $353.40.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction dated 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 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 SEC, which can be accessed through this hyperlink. 6.44% of the stock is owned by company insiders.

Royal Caribbean Cruises Trading Down 1.8%

RCL stock opened at $321.38 on Friday. 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 business has a 50 day simple moving average of $300.19 and a two-hundred day simple moving average of $290.95. The company has a market capitalization of $85.95 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 1.12 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter in the previous year, the firm earned $4.38 earnings per share. The company's quarterly 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 anticipate that Royal Caribbean Cruises Ltd. will post 17.79 EPS for the current fiscal year.

Royal Caribbean Cruises 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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