Pacer Advisors Inc. Trims Stock Position in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Pacer Advisors Inc. reduced its stake in Royal Caribbean Cruises by 17.9% in the fourth quarter, selling 4,401 shares and leaving it with 20,128 shares worth about $5.6 million.
• Institutional ownership remains heavy, with 87.53% of RCL held by hedge funds and other institutional investors. Several other firms recently increased positions, including Russell Investments Group and Crossmark Global Holdings.
• Royal Caribbean reported strong quarterly results, posting EPS of $3.60 versus the $3.20 estimate and raising guidance for both Q2 2026 and full-year 2026. Analysts currently rate the stock a Moderate Buy with an average target price of $345.58.

Pacer Advisors Inc. cut its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 17.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,128 shares of the company's stock after selling 4,401 shares during the period. Pacer Advisors Inc.'s holdings in Royal Caribbean Cruises were worth $5,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in RCL. Russell Investments Group Ltd. boosted its position in Royal Caribbean Cruises by 49.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company's stock worth $37,931,000 after purchasing an additional 38,698 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Royal Caribbean Cruises by 19.0% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 39,123 shares of the company's stock worth $12,659,000 after purchasing an additional 6,253 shares during the period. WINTON GROUP Ltd increased its holdings in shares of Royal Caribbean Cruises by 1,231.6% during the 3rd quarter. WINTON GROUP Ltd now owns 20,173 shares of the company's stock valued at $6,528,000 after purchasing an additional 18,658 shares in the last quarter. Danske Bank A S purchased a new position in shares of Royal Caribbean Cruises during the 3rd quarter valued at approximately $48,063,000. Finally, Dougherty & Associates LLC acquired a new position in shares of Royal Caribbean Cruises in the 4th quarter valued at $10,827,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Freedom Capital raised shares of Royal Caribbean Cruises to a "strong-buy" rating in a report on Wednesday, June 3rd. Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a "hold" rating and a $304.00 price objective for the company. Mizuho set a $380.00 target price on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. JPMorgan Chase & Co. lowered their target price on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft set a $296.00 target price on Royal Caribbean Cruises in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $345.58.

Royal Caribbean Cruises Price Performance

Shares of NYSE RCL opened at $309.55 on Tuesday. The firm has a market cap of $83.02 billion, a PE ratio of 18.89, a PEG ratio of 1.10 and a beta of 1.77. The firm has a fifty day moving average of $276.37 and a 200 day moving average of $286.14. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. Royal Caribbean Cruises Ltd. has a one year low of $232.10 and a one year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same period last year, the firm posted $2.71 earnings per share. The company's revenue was up 11.3% compared to the same quarter last year. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. As a group, research analysts predict that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be paid a $1.50 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. Royal Caribbean Cruises's dividend payout ratio (DPR) is currently 36.61%.

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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