6,359 Shares in Royal Caribbean Cruises Ltd. $RCL Purchased by Donoghue Forlines LLC

Donoghue Forlines LLC bought a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,359 shares of the company’s stock, valued at approximately $2,058,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of RCL. Vanguard Group Inc. grew its stake in Royal Caribbean Cruises by 3.2% during the second quarter. Vanguard Group Inc. now owns 29,604,177 shares of the company’s stock valued at $9,270,252,000 after acquiring an additional 929,414 shares in the last quarter. State Street Corp boosted its holdings in Royal Caribbean Cruises by 3.3% in the 2nd quarter. State Street Corp now owns 10,492,549 shares of the company’s stock valued at $3,293,302,000 after purchasing an additional 330,770 shares during the period. Geode Capital Management LLC grew its position in shares of Royal Caribbean Cruises by 6.6% during the 2nd quarter. Geode Capital Management LLC now owns 6,667,927 shares of the company’s stock valued at $2,079,877,000 after purchasing an additional 415,230 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Royal Caribbean Cruises by 9.4% in the second quarter. Invesco Ltd. now owns 3,317,996 shares of the company’s stock worth $1,038,997,000 after purchasing an additional 284,037 shares during the period. Finally, Norges Bank purchased a new stake in shares of Royal Caribbean Cruises in the second quarter worth $1,021,893,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Price Performance

Shares of Royal Caribbean Cruises stock opened at $276.06 on Friday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.14 and a current ratio of 0.16. Royal Caribbean Cruises Ltd. has a 52-week low of $164.01 and a 52-week high of $366.50. The company has a fifty day moving average of $275.12 and a 200-day moving average of $306.92. The stock has a market capitalization of $75.28 billion, a price-to-earnings ratio of 18.56, a price-to-earnings-growth ratio of 0.73 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share 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 business 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 posted $5.20 earnings per share. The firm’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. Equities research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises declared that its Board of Directors has approved a stock repurchase program on Wednesday, December 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Royal Caribbean Cruises Announces Dividend

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

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total value of $309,936.00. Following the transaction, the director directly owned 14,234 shares of the company’s stock, valued at $4,010,571.84. The trade was a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.95% of the stock is currently owned by insiders.

Analysts Set New Price Targets

RCL has been the subject of several recent analyst reports. Susquehanna set a $350.00 target price on Royal Caribbean Cruises and gave the stock a “positive” rating in a research report on Thursday, October 30th. Mizuho cut their price objective on Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Jefferies Financial Group decreased their price objective on shares of Royal Caribbean Cruises from $286.00 to $275.00 and set a “hold” rating on the stock in a research report on Monday, December 15th. JPMorgan Chase & Co. dropped their target price on shares of Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. Finally, Truist Financial cut their price target on shares of Royal Caribbean Cruises from $333.00 to $321.00 and set a “hold” rating for the company in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $326.27.

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.