AMF Tjanstepension AB Has $58.51 Million Position in Royal Caribbean Cruises Ltd. $RCL

AMF Tjanstepension AB increased its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 129.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 180,813 shares of the company’s stock after purchasing an additional 101,880 shares during the period. AMF Tjanstepension AB owned 0.07% of Royal Caribbean Cruises worth $58,507,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Royal Caribbean Cruises by 3.2% in the 2nd 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 during the period. State Street Corp increased its stake in Royal Caribbean Cruises by 3.3% in the second 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 in the last quarter. Geode Capital Management LLC raised its holdings in Royal Caribbean Cruises by 6.6% in the second quarter. Geode Capital Management LLC now owns 6,667,927 shares of the company’s stock worth $2,079,877,000 after purchasing an additional 415,230 shares during the period. Invesco Ltd. raised its holdings in 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 bought a new position in shares of Royal Caribbean Cruises during the second quarter worth $1,021,893,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Trading Up 0.2%

NYSE RCL opened at $286.18 on Friday. Royal Caribbean Cruises Ltd. has a 52 week low of $164.01 and a 52 week high of $366.50. 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 stock’s 50 day moving average price is $277.02 and its two-hundred day moving average price is $305.12. The stock has a market capitalization of $78.04 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 0.80 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last issued 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 company had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.16 billion. During the same period last year, the business earned $5.20 EPS. The business’s quarterly revenue 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. As a group, analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

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

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

Wall Street Analyst Weigh In

Several brokerages recently commented on RCL. Truist Financial dropped their price objective on Royal Caribbean Cruises from $321.00 to $318.00 and set a “hold” rating on the stock in a research note on Thursday. UBS Group lowered their price target on Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. The Goldman Sachs Group boosted their price objective on Royal Caribbean Cruises from $275.00 to $310.00 and gave the company a “buy” rating in a research report on Friday. Finally, Bank of America increased their target price on Royal Caribbean Cruises from $325.00 to $330.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and a consensus target price of $327.68.

Insider Buying and Selling at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $281.76, for a total value of $309,936.00. Following the sale, the director owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. The trade was a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.95% of the stock is owned by insiders.

About Royal Caribbean Cruises

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.