Royal Caribbean Cruises Ltd. $RCL Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. reduced its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 60.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,500 shares of the company’s stock after selling 42,698 shares during the quarter. Cibc World Market Inc.’s holdings in Royal Caribbean Cruises were worth $9,222,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of Royal Caribbean Cruises by 12.2% during the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after purchasing an additional 143 shares in the last quarter. Woodline Partners LP raised its position in shares of Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after acquiring an additional 6,063 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Royal Caribbean Cruises by 30.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,280 shares of the company’s stock worth $1,966,000 after acquiring an additional 1,456 shares in the last quarter. Moran Wealth Management LLC grew its position in shares of Royal Caribbean Cruises by 31.7% during the 2nd quarter. Moran Wealth Management LLC now owns 1,293 shares of the company’s stock valued at $405,000 after acquiring an additional 311 shares during the period. Finally, Axxcess Wealth Management LLC increased its stake in shares of Royal Caribbean Cruises by 111.1% in the 2nd quarter. Axxcess Wealth Management LLC now owns 2,738 shares of the company’s stock valued at $857,000 after purchasing an additional 1,441 shares in the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $319.26 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 1.77. The company has a 50-day moving average price of $296.69 and a 200 day moving average price of $303.37. 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 cap of $86.37 billion, a P/E ratio of 20.45, a PEG ratio of 1.09 and a beta of 1.91.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.80 earnings per share for the quarter, meeting the consensus estimate of $2.80. The business had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Royal Caribbean Cruises had a net margin of 23.80% and a return on equity of 45.06%. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.63 EPS. Sell-side analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Friday, March 6th will be issued a $1.50 dividend. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $1.00. The ex-dividend date is Friday, March 6th. This represents a $6.00 annualized dividend and a yield of 1.9%. Royal Caribbean Cruises’s payout ratio is presently 25.62%.

Royal Caribbean Cruises declared that its board has approved a stock buyback plan on Wednesday, December 10th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the company to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have commented on the company. The Goldman Sachs Group raised their price objective on Royal Caribbean Cruises from $310.00 to $370.00 and gave the company a “buy” rating in a report on Friday, January 30th. Morgan Stanley upped their price objective on shares of Royal Caribbean Cruises from $290.00 to $330.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. lifted their target price on shares of Royal Caribbean Cruises from $368.00 to $371.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Stifel Nicolaus upped their price target on shares of Royal Caribbean Cruises from $380.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $380.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $348.29.

Royal Caribbean Cruises News Roundup

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Q4 2025 results showed solid demand and margin recovery — revenue and EPS rose ~13% and ~36% year‑over‑year, operating profit jumped ~49%, and operating cash generation improved. These fundamentals support analyst bullishness and longer‑term earnings upgrades. RCL Q4 2025 Earnings (QuiverQuant)
• Positive Sentiment: Wall Street remains constructive: broker consensus is around a “Moderate Buy” and many firms maintain buy/overweight ratings with price targets well above current levels — a tailwind for the stock if sentiment persists. Consensus Rating: Moderate Buy (AmericanBankingNews)
• Positive Sentiment: Zacks Research nudged near‑term EPS estimates slightly higher for Q1 and Q2, signaling some upward revision to the company’s short‑term earnings outlook. (These are modest changes but supportive.)
• Neutral Sentiment: Zacks also published longer‑range projections (FY2027/FY2028) that are mixed — a small cut to FY2027 was offset by higher FY2028 expectations — leaving medium‑term consensus roughly intact.
• Negative Sentiment: Royal Caribbean priced $2.5 billion of senior unsecured notes ($1.25B due 2033 at 4.75% and $1.25B due 2038 at 5.25%). The deal increases debt and fixed interest obligations, which can pressure the stock, especially given already elevated capex and leverage metrics. Pricing of Senior Unsecured Notes (PR Newswire) Royal Caribbean Issues $2.5 Billion in Senior Notes (TipRanks)
• Negative Sentiment: High near‑term capital spending: management’s reported capex jumped materially in Q4, and Quiver data shows insider sales in recent months — both factors can worry investors about future free cash flow and signal reduced insider conviction. Capex & Insider Activity (QuiverQuant)

Insider Activity at Royal Caribbean Cruises

In other news, CEO Jason T. Liberty sold 90,910 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $326.81, for a total value of $29,710,297.10. Following the transaction, the chief executive officer directly owned 218,822 shares in the company, valued at approximately $71,513,217.82. This represents a 29.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael W. Bayley sold 80,000 shares of Royal Caribbean Cruises stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $326.82, for a total transaction of $26,145,600.00. Following the completion of the sale, the chief executive officer owned 58,108 shares of the company’s stock, valued at $18,990,856.56. This trade represents a 57.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 226,483 shares of company stock valued at $74,052,607 over the last 90 days. Insiders own 6.95% of the company’s stock.

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.