Royal Caribbean Cruises Ltd. $RCL Shares Sold by Sequoia Financial Advisors LLC

Key Points

• Sequoia Financial Advisors reduced its Royal Caribbean position by 29.5% in the second quarter, selling 8,806 shares and retaining 21,053 shares valued at approximately $6.7 million. Institutional investors collectively own 87.53% of the company.
• Royal Caribbean reported quarterly earnings of $4.21 per share, exceeding estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. The company issued fiscal 2026 EPS guidance of $17.73–$17.87.
• The company declared a quarterly dividend of $1.50 per share, or $6.00 annualized, representing a 2.3% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $353.40.

Sequoia Financial Advisors LLC reduced its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 29.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,053 shares of the company's stock after selling 8,806 shares during the period. Sequoia Financial Advisors LLC's holdings in Royal Caribbean Cruises were worth $6,685,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. University of Texas Texas AM Investment Management Co. acquired a new stake in Royal Caribbean Cruises in the 4th quarter worth about $26,000. IMG Wealth Management Inc. purchased a new stake in Royal Caribbean Cruises during the 1st quarter worth $27,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth about $27,000. Quattro Advisors LLC purchased a new position in Royal Caribbean Cruises in the 4th quarter worth approximately $27,000. Finally, Tucker Asset Management LLC purchased a new position in shares of Royal Caribbean Cruises in the fourth quarter valued at $28,000. Institutional investors and hedge funds own 87.53% of the company's stock.

Insider Activity

In other news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares of the company's stock, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction 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 company insiders.

Royal Caribbean Cruises Stock Up 0.5%

Shares of Royal Caribbean Cruises stock opened at $260.20 on Friday. The stock's fifty day moving average is $292.46 and its 200-day moving average is $285.77. 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 firm has a market capitalization of $69.59 billion, a PE ratio of 16.08, a price-to-earnings-growth ratio of 0.93 and a beta of 1.74. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $356.39.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced 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. The company 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%. The business's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period last year, the company posted $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 anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 17th. Royal Caribbean Cruises's payout ratio is presently 37.08%.

Wall Street Analyst Weigh In

RCL has been the subject of a number of recent analyst reports. William Blair restated an "outperform" rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Zacks Research raised shares of Royal Caribbean Cruises from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 18th. Stifel Nicolaus increased their target price on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Susquehanna raised their price target on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a "positive" rating in a research note on Wednesday, July 29th. Finally, TD Cowen raised Royal Caribbean Cruises to a "strong-buy" rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $353.40.

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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