Royal Caribbean Cruises Ltd. $RCL Shares Sold by Calamos Wealth Management LLC

Calamos Wealth Management LLC lessened its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 73.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,211 shares of the company’s stock after selling 126,302 shares during the quarter. Calamos Wealth Management LLC’s holdings in Royal Caribbean Cruises were worth $14,629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in shares of Royal Caribbean Cruises in the second quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Royal Caribbean Cruises during the second quarter worth approximately $31,000. 1 North Wealth Services LLC purchased a new stake in Royal Caribbean Cruises in the 2nd quarter worth approximately $31,000. Evolution Wealth Management Inc. acquired a new position in Royal Caribbean Cruises in the 2nd quarter valued at $31,000. Finally, Trust Co. of Toledo NA OH acquired a new position in Royal Caribbean Cruises in the 2nd quarter valued at $32,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

RCL has been the topic of several analyst reports. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, October 28th. Susquehanna set a $350.00 price target on Royal Caribbean Cruises and gave the stock a “positive” rating in a research note on Thursday, October 30th. Jefferies Financial Group dropped their price objective on shares of Royal Caribbean Cruises from $286.00 to $275.00 and set a “hold” rating for the company in a research note on Monday, December 15th. Mizuho cut their price objective on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Finally, Stifel Nicolaus lowered their target price on shares of Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $324.82.

Royal Caribbean Cruises Stock Down 0.4%

RCL opened at $281.65 on Wednesday. Royal Caribbean Cruises Ltd. has a 1 year low of $164.01 and a 1 year high of $366.50. The firm has a 50 day moving average price of $274.20 and a 200 day moving average price of $306.60. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.14 and a current ratio of 0.16. The company has a market cap of $76.81 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 0.85 and a beta of 1.91.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. The company had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.16 billion. During the same period in the previous year, the firm earned $5.20 earnings per share. Royal Caribbean Cruises’s revenue for the quarter was up 5.2% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. Sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, December 26th. Royal Caribbean Cruises’s dividend payout ratio is currently 26.90%.

Royal Caribbean Cruises declared that its board has approved a stock repurchase program on Wednesday, December 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 2.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the transaction, the director owned 14,234 shares in the company, valued at $4,010,571.84. The trade was a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.95% of the stock is owned by company insiders.

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.