QRG Capital Management Inc. Has $16.73 Million Position in Royal Caribbean Cruises Ltd. $RCL

Key Points

• QRG Capital Management cut its stake in Royal Caribbean by 16.7%, selling 12,059 shares and now holding 59,992 shares valued at $16.73 million, while institutional investors own about 87.5% of the stock.
• Royal Caribbean beat Q1 EPS ($3.60 vs. $3.20), reported revenue up 11.3% year‑over‑year, and issued Q2 (3.83–3.93) and FY 2026 (17.10–17.50) EPS guidance with analysts forecasting roughly 17.51 EPS for the year.
• The company raised its quarterly dividend to $1.50 (annualized $6.00, ~2.3% yield), even as insiders sold about 1.97 million shares (≈$627 million) over the past three months.

QRG Capital Management Inc. reduced its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 59,992 shares of the company's stock after selling 12,059 shares during the quarter. QRG Capital Management Inc.'s holdings in Royal Caribbean Cruises were worth $16,733,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in RCL. Brighton Jones LLC boosted its holdings in shares of Royal Caribbean Cruises by 12.2% during the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company's stock worth $303,000 after purchasing an additional 143 shares during the period. Woodline Partners LP boosted its holdings in shares of Royal Caribbean Cruises by 40.8% during the first quarter. Woodline Partners LP now owns 20,918 shares of the company's stock worth $4,297,000 after purchasing an additional 6,063 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Royal Caribbean Cruises during the second quarter worth approximately $1,762,000. Baird Financial Group Inc. boosted its holdings in shares of Royal Caribbean Cruises by 5.4% during the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company's stock worth $1,494,000 after purchasing an additional 243 shares during the period. Finally, Brown Advisory Inc. acquired a new stake in shares of Royal Caribbean Cruises during the second quarter worth approximately $357,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

NYSE RCL opened at $259.00 on Tuesday. The company has a 50 day moving average price of $279.53 and a two-hundred day moving average price of $285.47. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. Royal Caribbean Cruises Ltd. has a 12-month low of $223.00 and a 12-month high of $366.50. The stock has a market capitalization of $69.46 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 0.94 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $4.46 billion. During the same period in the previous year, the company earned $2.71 earnings per share. Royal Caribbean Cruises's revenue for the quarter was up 11.3% on a year-over-year basis. 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, equities analysts predict that Royal Caribbean Cruises Ltd. will post 17.51 earnings per share for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Friday, March 6th were paid a $1.50 dividend. The ex-dividend date was Friday, March 6th. This is a positive change from Royal Caribbean Cruises's previous quarterly dividend of $1.00. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.3%. Royal Caribbean Cruises's dividend payout ratio is presently 36.61%.

Insider Transactions at Royal Caribbean Cruises

In other news, Director Maritza Gomez Montiel sold 1,385 shares of the business's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $327.18, for a total value of $453,144.30. Following the completion of the sale, the director directly owned 12,849 shares in the company, valued at approximately $4,203,935.82. The trade was a 9.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Laura H. Bethge sold 7,854 shares of the business's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $326.21, for a total transaction of $2,562,053.34. Following the completion of the sale, the insider owned 32,786 shares of the company's stock, valued at $10,695,121.06. The trade was a 19.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,967,319 shares of company stock worth $626,681,935. 6.44% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of analyst reports. Truist Financial lifted their target price on shares of Royal Caribbean Cruises from $318.00 to $327.00 and gave the company a "hold" rating in a research note on Tuesday, March 24th. Tigress Financial lifted their target price on shares of Royal Caribbean Cruises from $415.00 to $425.00 and gave the company a "buy" rating in a research note on Friday, February 6th. Bank of America lifted their target price on shares of Royal Caribbean Cruises from $325.00 to $330.00 and gave the company a "neutral" rating in a research note on Monday, January 12th. Jefferies Financial Group lifted their target price on shares of Royal Caribbean Cruises from $275.00 to $334.00 and gave the company a "hold" rating in a research note on Friday, January 30th. Finally, Citigroup reduced their target price on shares of Royal Caribbean Cruises from $377.00 to $348.00 and set a "buy" rating for the company in a research note on Friday. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises presently has an average rating of "Moderate Buy" and a consensus price target of $347.10.

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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