U.S. Capital Wealth Advisors LLC Sells 17,508 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• U.S. Capital Wealth Advisors LLC significantly reduced its holdings in Royal Caribbean Cruises Ltd. by 89.3%, selling 17,508 shares during the second quarter.
• Royal Caribbean Cruises recently declared an increased quarterly dividend of $1.00 per share, up from $0.75, indicating a strong commitment to shareholder returns.
• Despite a stock dip of 0.6%, Royal Caribbean reported strong earnings, with earnings per share reaching $4.38, exceeding expectations and signaling a positive outlook.

U.S. Capital Wealth Advisors LLC cut its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 89.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,096 shares of the company's stock after selling 17,508 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Royal Caribbean Cruises were worth $656,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of RCL. Financial Gravity Asset Management Inc. bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth $25,000. Hughes Financial Services LLC bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth $26,000. Optimum Investment Advisors bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth $31,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth $31,000. Finally, SouthState Corp bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth $39,000. 87.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on RCL. Truist Financial reduced their price target on Royal Caribbean Cruises from $337.00 to $333.00 and set a "hold" rating for the company in a research report on Friday, September 19th. Citigroup boosted their price target on Royal Caribbean Cruises from $390.00 to $399.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Loop Capital reissued a "buy" rating and issued a $290.00 price target (up from $250.00) on shares of Royal Caribbean Cruises in a research report on Tuesday, June 3rd. Susquehanna reissued a "positive" rating and issued a $385.00 price target (up from $275.00) on shares of Royal Caribbean Cruises in a research report on Wednesday, July 30th. Finally, UBS Group boosted their target price on Royal Caribbean Cruises from $311.00 to $353.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $326.95.

Royal Caribbean Cruises Stock Down 0.6%

Royal Caribbean Cruises stock opened at $324.92 on Friday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. The business's 50-day simple moving average is $335.02 and its two-hundred day simple moving average is $276.99. The company has a market cap of $88.26 billion, a PE ratio of 24.36, a PEG ratio of 0.92 and a beta of 2.12. Royal Caribbean Cruises Ltd. has a fifty-two week low of $164.01 and a fifty-two week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $4.38 earnings per share for the quarter, beating the consensus estimate of $4.04 by $0.34. The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.54 billion. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.The company's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 13th. Shareholders of record on Thursday, September 25th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, September 25th. This is a boost from Royal Caribbean Cruises's previous quarterly dividend of $0.75. Royal Caribbean Cruises's dividend payout ratio (DPR) is presently 22.49%.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CAO Henry L. Pujol sold 5,207 shares of the business's stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $329.47, for a total transaction of $1,715,550.29. Following the sale, the chief accounting officer owned 7,826 shares in the company, valued at approximately $2,578,432.22. The trade was a 39.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard D. Fain sold 16,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total value of $4,976,320.00. Following the sale, the director owned 150,291 shares in the company, valued at approximately $46,743,506.82. The trade was a 9.62% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 31,507 shares of company stock worth $10,091,282. 6.95% of the stock is currently owned by insiders.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

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