Royal Caribbean Cruises Ltd. $RCL Shares Sold by Fiduciary Family Office LLC

Fiduciary Family Office LLC trimmed its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 75.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 692 shares of the company’s stock after selling 2,154 shares during the quarter. Fiduciary Family Office LLC’s holdings in Royal Caribbean Cruises were worth $224,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of RCL. Norges Bank acquired a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $1,021,893,000. Vanguard Group Inc. increased its stake in shares of Royal Caribbean Cruises by 3.2% in the second quarter. Vanguard Group Inc. now owns 29,604,177 shares of the company’s stock valued at $9,270,252,000 after purchasing an additional 929,414 shares during the period. 1832 Asset Management L.P. bought a new stake in shares of Royal Caribbean Cruises during the second quarter valued at approximately $172,488,000. Bessemer Group Inc. boosted its position in shares of Royal Caribbean Cruises by 7,971.4% during the second quarter. Bessemer Group Inc. now owns 540,222 shares of the company’s stock worth $169,165,000 after buying an additional 533,529 shares during the period. Finally, American Century Companies Inc. grew its holdings in Royal Caribbean Cruises by 91.7% in the 2nd quarter. American Century Companies Inc. now owns 1,087,660 shares of the company’s stock worth $340,590,000 after buying an additional 520,353 shares in the last quarter. Institutional investors own 87.53% of the company’s stock.

Insider Activity at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the stock in a transaction 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 completion of the transaction, the director owned 14,234 shares in the company, valued at $4,010,571.84. This trade represents a 7.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.95% of the stock is currently owned by corporate insiders.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $276.06 on Monday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.14. The firm’s 50 day moving average is $275.12 and its 200-day moving average is $306.79. Royal Caribbean Cruises Ltd. has a 12-month low of $164.01 and a 12-month high of $366.50. The stock has a market capitalization of $75.28 billion, a P/E ratio of 18.56, a P/E/G ratio of 0.73 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, topping analysts’ consensus estimates of $5.68 by $0.07. The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $5.20 earnings per share. 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 anticipate that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Royal Caribbean Cruises declared that its board has authorized 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 purchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Royal Caribbean Cruises Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have weighed in on RCL. UBS Group cut their target price on Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Wells Fargo & Company lifted their price objective on shares of Royal Caribbean Cruises from $316.00 to $373.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Mizuho reduced their price objective on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Barclays lowered their target price on shares of Royal Caribbean Cruises from $342.00 to $324.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. Finally, William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has an average 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.