Public Employees Retirement System of Ohio Purchases Shares of 73,946 Royal Caribbean Cruises Ltd. $RCL

Key Points

• Public Employees Retirement System of Ohio purchased 73,946 Royal Caribbean shares during the second quarter, valued at approximately $23.48 million. Institutional investors collectively own 87.53% of the company.
• Royal Caribbean reported quarterly earnings of $4.21 per share, beating estimates by $0.23, while revenue rose 6.5% year over year to $4.83 billion. The company issued fiscal 2026 EPS guidance of $17.730 to $17.870.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $353.40 versus the stock’s reported $279.93 price. CEO Michael Bayley separately sold 12,811 shares for about $4.05 million.

Public Employees Retirement System of Ohio purchased a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 73,946 shares of the company's stock, valued at approximately $23,480,000.

A number of other hedge funds have also modified their holdings of the business. Capital International Investors increased its position in Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company's stock worth $10,088,156,000 after buying an additional 3,215,382 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Royal Caribbean Cruises during the second quarter valued at $6,549,422,000. Capital Research Global Investors boosted its stake in shares of Royal Caribbean Cruises by 4.8% during the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company's stock valued at $5,627,669,000 after acquiring an additional 920,042 shares during the last quarter. State Street Corp increased its position in Royal Caribbean Cruises by 0.8% during the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company's stock worth $3,433,052,000 after purchasing an additional 84,202 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Royal Caribbean Cruises by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company's stock worth $1,961,758,000 after purchasing an additional 155,491 shares in the last quarter. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $279.93 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The company has a market cap of $74.87 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.95 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The firm has a 50 day moving average price of $302.18 and a 200 day moving average price of $290.18.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating analysts' consensus estimates of $3.98 by $0.23. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. Royal Caribbean Cruises's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the business 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 predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the business's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 6.44% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wells Fargo & Company upped their target price on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. TD Cowen lowered 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. Freedom Capital lowered shares of Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. Susquehanna raised 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 report on Wednesday, July 29th. Finally, Zacks Research raised Royal Caribbean Cruises from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus 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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