TD Waterhouse Canada Inc. Raises Stock Position in Royal Caribbean Cruises Ltd. $RCL

Key Points

• TD Waterhouse Canada increased its Royal Caribbean stake by 38.4% in the second quarter, bringing its holdings to 111,142 shares valued at approximately $34.1 million. Institutional investors collectively own 87.53% of RCL.
• Royal Caribbean reported quarterly EPS of $4.21, beating 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, equivalent to $6.00 annually and a 2.3% yield. Wall Street maintains a “Moderate Buy” consensus, with an average price target of $353.40.

TD Waterhouse Canada Inc. grew its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 38.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 111,142 shares of the company's stock after acquiring an additional 30,845 shares during the period. TD Waterhouse Canada Inc.'s holdings in Royal Caribbean Cruises were worth $34,067,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of RCL. University of Texas Texas AM Investment Management Co. bought a new position in Royal Caribbean Cruises in the fourth quarter worth approximately $26,000. IMG Wealth Management Inc. bought a new stake in Royal Caribbean Cruises during the 1st quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new stake in Royal Caribbean Cruises during the 4th quarter valued at $27,000. Quattro Advisors LLC purchased a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth $27,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth $28,000. Hedge funds and other institutional investors own 87.53% of the company's stock.

Royal Caribbean Cruises Trading Down 0.2%

Shares of NYSE:RCL opened at $265.02 on Friday. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $362.79. The business's fifty day simple moving average is $297.09 and its 200-day simple moving average is $287.72. The company has a market capitalization of $70.88 billion, a PE ratio of 16.38, a P/E/G ratio of 0.95 and a beta of 1.74. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly 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 firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company posted $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, equities research analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal 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 issued a $1.50 dividend. The ex-dividend date is Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a yield of 2.3%. Royal Caribbean Cruises's payout ratio is currently 37.08%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on RCL. TD Cowen dropped their price target on Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating on the stock in a research report on Friday, May 15th. Susquehanna upped their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a "positive" rating in a research note on Wednesday, July 29th. Citigroup increased their target price on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. William Blair reissued an "outperform" rating on shares of Royal Caribbean Cruises in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company boosted their price target 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. One investment 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $353.40.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the 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 of the company's stock, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.44% of the company's stock.

Royal Caribbean Cruises Company 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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