Saudi Central Bank Buys 8,272 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• Saudi Central Bank increased its Royal Caribbean stake by 86.5% in the second quarter, purchasing 8,272 shares to hold 17,835 shares valued at approximately $5.66 million. Institutional investors collectively own 87.53% of RCL.
• Royal Caribbean reported quarterly EPS of $4.21, exceeding estimates of $3.98, while revenue rose 6.5% year over year to $4.83 billion. The company guided for fiscal 2026 EPS 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.

Saudi Central Bank lifted its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 86.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,835 shares of the company's stock after purchasing an additional 8,272 shares during the period. Saudi Central Bank's holdings in Royal Caribbean Cruises were worth $5,663,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. TD Asset Management Inc boosted its position in Royal Caribbean Cruises by 29.7% during the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company's stock worth $244,797,000 after purchasing an additional 201,014 shares during the period. Dougherty & Associates LLC bought a new stake in shares of Royal Caribbean Cruises in the fourth quarter valued at approximately $10,827,000. North Dakota State Investment Board purchased a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at approximately $2,424,000. Capital International Sarl boosted its holdings in Royal Caribbean Cruises by 19.3% in the 4th quarter. Capital International Sarl now owns 363,713 shares of the company's stock worth $101,447,000 after buying an additional 58,734 shares during the period. Finally, Thrivent Financial for Lutherans bought a new position in Royal Caribbean Cruises in the 4th quarter worth approximately $2,027,000. Institutional investors own 87.53% of the company's stock.

Royal Caribbean Cruises Stock Performance

Royal Caribbean Cruises stock opened at $265.02 on Monday. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $362.79. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $70.88 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 0.95 and a beta of 1.74. The firm's 50 day simple moving average is $297.09 and its 200 day simple moving average is $287.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating the consensus estimate of $3.98 by $0.23. The firm had revenue of $4.83 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the firm 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. As a group, analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The firm also recently announced 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 is Thursday, September 17th. Royal Caribbean Cruises's payout ratio is presently 37.08%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on RCL shares. Wells Fargo & Company boosted 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 cut their price target on 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 cut Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. Morgan Stanley boosted their price objective on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an "equal weight" rating in a research note on Thursday, July 30th. Finally, Stifel Nicolaus increased their price objective on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $353.40.

Insider Buying and Selling

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 stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.44% of the stock is currently owned by insiders.

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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