Royal Caribbean Cruises Ltd. $RCL Shares Bought by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management increased its Royal Caribbean stake by 5% in the second quarter, acquiring 14,018 additional shares and bringing its holdings to 293,714 shares worth approximately $93.3 million.
• Institutional ownership remains high at 87.53%, with State Street, Tidal Investments and Lunt Capital also increasing their positions. CEO Michael Bayley separately sold 12,811 shares for about $4.05 million.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $356.10, though slower cabin pricing, substantial leverage and the planned $3 billion Sandals investment present risks.

Envestnet Asset Management Inc. grew its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 5.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 293,714 shares of the company's stock after acquiring an additional 14,018 shares during the period. Envestnet Asset Management Inc. owned 0.11% of Royal Caribbean Cruises worth $93,261,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. State Street Corp grew its stake in Royal Caribbean Cruises by 2.6% in the second quarter. State Street Corp now owns 10,689,134 shares of the company's stock valued at $3,409,971,000 after purchasing an additional 270,930 shares in the last quarter. Security National Bank of SO Dak purchased a new stake in shares of Royal Caribbean Cruises during the 2nd quarter worth about $32,000. Junto Capital Management LP acquired a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at about $85,092,000. Tidal Investments LLC lifted its holdings in shares of Royal Caribbean Cruises by 13.2% during the 2nd quarter. Tidal Investments LLC now owns 18,163 shares of the company's stock valued at $5,767,000 after buying an additional 2,115 shares during the last quarter. Finally, Lunt Capital Management Inc. grew its stake in shares of Royal Caribbean Cruises by 10.8% in the 2nd quarter. Lunt Capital Management Inc. now owns 8,102 shares of the company's stock valued at $2,573,000 after buying an additional 792 shares in the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.

Key Royal Caribbean Cruises News

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Royal Caribbean’s agreement to acquire a 50% stake in Sandals Resorts and Beaches Resorts for approximately $3 billion provides a new growth platform beyond cruising. The transaction, expected to close in early 2027, could help broaden the company’s customer ecosystem and create cross-selling opportunities. A Cruise Line Betting on Land: Is Royal Caribbean’s Sandals Deal Genius or Overreach?
• Positive Sentiment: Analysts reacted favorably to the Sandals partnership. Citi placed RCL on a 90-day positive catalyst watch, while JPMorgan raised its price target to $394 from $345 and maintained an “overweight” rating. BMO Capital Markets also rated the shares “outperform,” reinforcing the bullish view. JPMorgan, Citi Bullish on Royal Caribbean’s Sandals Partnership
• Positive Sentiment: Strong bookings, cash flow and raised 2026 earnings expectations suggest that cruise demand remains resilient despite the stock’s decline over the past year. Some valuation analysis estimates that RCL could be materially undervalued if earnings growth continues. Royal Caribbean Cruises Could Be 31% Undervalued
• Neutral Sentiment: RCL’s recent advance occurred on above-average volume, but analysts caution that earnings-estimate revisions alone may not sustain additional near-term gains. The shares have also delivered a strong five-year return while remaining sharply lower over the past year, creating a mixed valuation signal. Royal Caribbean Moves Higher: Will This Strength Last?
• Negative Sentiment: The Sandals investment increases capital requirements and execution risk, while Royal Caribbean already carries substantial leverage. Investors will need evidence that the resort stake can generate attractive returns without weakening the cruise company’s balance sheet.
• Negative Sentiment: Recent weakness appears linked less to collapsing demand than to slower cabin pricing in the third quarter. Continued pressure on fares, combined with the risk that the market has already priced in much of the earnings recovery, could limit further upside. Should You Buy Royal Caribbean At a One-Year Low?

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were 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 directly owned 45,297 shares in the company, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 6.44% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on RCL shares. Loop Capital began coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They issued a "hold" rating and a $304.00 price objective on the stock. Wells Fargo & Company lifted their target price on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. TD Cowen raised shares of Royal Caribbean Cruises to a "strong-buy" rating in a research report on Tuesday, September 8th. William Blair restated an "outperform" rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Finally, Freedom Capital downgraded shares of Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $356.10.

Royal Caribbean Cruises Trading Up 1.9%

Shares of RCL stock opened at $243.57 on Friday. Royal Caribbean Cruises Ltd. has a 12 month low of $222.22 and a 12 month high of $356.39. The company has a market cap of $65.14 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 0.80 and a beta of 1.74. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The business's 50 day moving average is $284.09 and its two-hundred day moving average is $281.85.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts' consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion during the quarter, compared to analysts' expectations 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 period in the previous year, the company earned $4.38 earnings per share. 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. Equities analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a yield of 2.5%. Royal Caribbean Cruises's payout ratio is currently 37.08%.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group's principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.

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