Wealth Science Advisors LLC Grows Stock Position in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Wealth Science Advisors increased its Royal Caribbean stake by 487.5% in the second quarter, purchasing 4,300 additional shares for a total position valued at approximately $1.65 million. Institutional investors collectively own 87.53% of the company.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $353.40. Recent targets range from $297 to $388.
• Royal Caribbean exceeded quarterly earnings expectations, reporting $4.21 EPS versus the $3.98 consensus and $4.83 billion in revenue, up 6.5% year over year. CEO Michael Bayley subsequently sold 12,811 shares at an average price of $315.99.

Wealth Science Advisors LLC increased its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 487.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,182 shares of the company's stock after purchasing an additional 4,300 shares during the quarter. Royal Caribbean Cruises accounts for 0.7% of Wealth Science Advisors LLC's holdings, making the stock its 24th largest holding. Wealth Science Advisors LLC's holdings in Royal Caribbean Cruises were worth $1,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. TD Asset Management Inc grew its stake in shares of 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 in the last quarter. Dougherty & Associates LLC acquired a new stake in Royal Caribbean Cruises in the fourth quarter valued at $10,827,000. Stanley Laman Group Ltd. acquired a new stake in Royal Caribbean Cruises in the fourth quarter valued at $2,159,000. North Dakota State Investment Board purchased a new stake in Royal Caribbean Cruises during the 4th quarter worth about $2,424,000. Finally, Capital International Sarl lifted its holdings in Royal Caribbean Cruises by 19.3% during 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 last quarter. Hedge funds and other institutional investors own 87.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on RCL. Truist Financial dropped their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a "hold" rating on the stock in a report on Friday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. Mizuho set a $380.00 price target on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. Wells Fargo & Company raised their price objective on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets started coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an "outperform" rating and a $370.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $353.40.

Royal Caribbean Cruises Stock Down 0.1%

Royal Caribbean Cruises stock opened at $320.35 on Friday. The company has a market capitalization of $85.68 billion, a P/E ratio of 19.80, a PEG ratio of 1.09 and a beta of 1.77. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The stock has a 50-day simple moving average of $300.90 and a 200-day simple moving average of $291.16.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the firm 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 research analysts expect that Royal Caribbean Cruises Ltd. will post 17.79 earnings per share for the current year.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction that occurred on 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 approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.44% of the company's stock.

Royal Caribbean Cruises 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.

Want to see what other hedge funds are holding RCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source