Wellington Management Group LLP Sells 656,471 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• Wellington Management cut its Royal Caribbean Cruises stake by 48.3%, selling 656,471 shares and retaining 701,928 shares valued at approximately $222.9 million. Institutional investors collectively own 87.53% of the company.
• Royal Caribbean reported quarterly adjusted 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 provided fiscal 2026 EPS guidance of $17.73–$17.87.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $353.40, although recent recommendations included both upgrades to higher targets and a downgrade to “Hold.”

Wellington Management Group LLP decreased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 48.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 701,928 shares of the company's stock after selling 656,471 shares during the period. Wellington Management Group LLP owned about 0.26% of Royal Caribbean Cruises worth $222,883,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at approximately $6,549,422,000. Capital International Investors grew its stake in Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company's stock worth $10,088,156,000 after purchasing an additional 3,215,382 shares during the period. Primecap Management Co. CA bought a new position in Royal Caribbean Cruises in the second quarter worth $669,804,000. Jupiter Topco LLC bought a new position in Royal Caribbean Cruises in the second quarter worth $597,350,000. Finally, Norges Bank purchased a new position in Royal Caribbean Cruises during the fourth quarter valued at $456,752,000. Institutional investors own 87.53% of the company's stock.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the firm's 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 in the company, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.44% of the company's stock.

Royal Caribbean Cruises Trading Up 0.2%

Royal Caribbean Cruises stock opened at $279.93 on Monday. 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 business's fifty day simple moving average is $302.18 and its two-hundred day simple moving average is $289.77. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The company has a market capitalization of $74.87 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 0.95 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share 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 return on equity of 43.33% and a net margin of 23.54%.The company's revenue was up 6.5% on a year-over-year basis. During the same period last year, the company earned $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. As a group, equities analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Freedom Capital cut shares of Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 29th. Susquehanna increased their price target 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. Wells Fargo & Company lifted their price target on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. TD Cowen dropped their price objective on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a "buy" rating on the stock in a research note on Friday, May 15th. Finally, UBS Group restated a "buy" rating and issued a $367.00 price objective on shares of Royal Caribbean Cruises in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $353.40.

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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