Envestnet Portfolio Solutions Inc. Has $4.33 Million Stake in Royal Caribbean Cruises Ltd. $RCL

Envestnet Portfolio Solutions Inc. grew its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 113.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,392 shares of the company’s stock after purchasing an additional 7,112 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Royal Caribbean Cruises were worth $4,333,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Frazier Financial Advisors LLC increased its holdings in shares of Royal Caribbean Cruises by 27.1% in the second quarter. Frazier Financial Advisors LLC now owns 136 shares of the company’s stock worth $43,000 after acquiring an additional 29 shares in the last quarter. Prosperity Financial Group Inc. increased its holdings in Royal Caribbean Cruises by 0.5% during the second quarter. Prosperity Financial Group Inc. now owns 6,936 shares of the company’s stock worth $2,172,000 after buying an additional 32 shares during the last quarter. Westside Investment Management Inc. increased its stake in shares of Royal Caribbean Cruises by 29.1% during the 2nd quarter. Westside Investment Management Inc. now owns 142 shares of the company’s stock worth $45,000 after purchasing an additional 32 shares during the last quarter. Versant Capital Management Inc raised its stake in Royal Caribbean Cruises by 6.4% in the third quarter. Versant Capital Management Inc now owns 562 shares of the company’s stock valued at $182,000 after buying an additional 34 shares during the period. Finally, Rakuten Securities Inc. raised its stake in Royal Caribbean Cruises by 16.1% in the 2nd quarter. Rakuten Securities Inc. now owns 252 shares of the company’s stock valued at $79,000 after acquiring an additional 35 shares during the period. Institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Performance

NYSE RCL opened at $286.18 on Monday. Royal Caribbean Cruises Ltd. has a 12-month low of $164.01 and a 12-month high of $366.50. The company’s 50 day moving average is $277.02 and its 200-day moving average is $304.93. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. The firm has a market cap of $78.04 billion, a P/E ratio of 19.25, a price-to-earnings-growth ratio of 0.79 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results 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. The business had revenue of $5.14 billion for 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 business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $5.20 EPS. 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 predict that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises declared that its Board of Directors has initiated a stock repurchase program on Wednesday, December 10th that permits the company to repurchase $2.00 billion in 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 a sign that the company’s board believes its shares are undervalued.

Royal Caribbean Cruises Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were given a $1.00 dividend. The ex-dividend date 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 presently 26.90%.

Insiders Place Their Bets

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the firm’s 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 sale, the director owned 14,234 shares of the company’s stock, valued at $4,010,571.84. This trade represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 6.95% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada set a $360.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Friday, December 26th. The Goldman Sachs Group boosted their price target on Royal Caribbean Cruises from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Friday. Bank of America raised their target price on shares of Royal Caribbean Cruises from $325.00 to $330.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Finally, Truist Financial dropped their price objective on shares of Royal Caribbean Cruises from $321.00 to $318.00 and set a “hold” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.68.

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.