Public Sector Pension Investment Board Grows Holdings in Royal Caribbean Cruises Ltd. $RCL

Public Sector Pension Investment Board boosted its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 16.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,115 shares of the company’s stock after buying an additional 2,977 shares during the quarter. Public Sector Pension Investment Board’s holdings in Royal Caribbean Cruises were worth $6,832,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Evolution Wealth Management Inc. purchased a new position in Royal Caribbean Cruises in the second quarter valued at about $31,000. Financial Gravity Companies Inc. purchased a new position in shares of Royal Caribbean Cruises during the 2nd quarter valued at approximately $38,000. Westside Investment Management Inc. boosted 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 valued at $45,000 after buying an additional 32 shares during the last quarter. NewSquare Capital LLC grew its position in shares of Royal Caribbean Cruises by 85.2% during the second quarter. NewSquare Capital LLC now owns 150 shares of the company’s stock worth $47,000 after buying an additional 69 shares in the last quarter. Finally, Solstein Capital LLC bought a new stake in shares of Royal Caribbean Cruises in the second quarter worth $58,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 80,000 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $326.82, for a total transaction of $26,145,600.00. Following the completion of the transaction, the chief executive officer owned 58,108 shares in the company, valued at approximately $18,990,856.56. The trade was a 57.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jason T. Liberty sold 90,910 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $326.81, for a total value of $29,710,297.10. Following the completion of the transaction, the chief executive officer directly owned 218,822 shares of the company’s stock, valued at approximately $71,513,217.82. The trade was a 29.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 515,722 shares of company stock valued at $168,242,004. 6.95% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Bank of America increased their price objective on shares of Royal Caribbean Cruises from $325.00 to $330.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Mizuho set a $379.00 price target on shares of Royal Caribbean Cruises in a research report on Friday, January 30th. Barclays boosted their price objective on Royal Caribbean Cruises from $324.00 to $361.00 and gave the company an “overweight” rating in a report on Friday, January 30th. UBS Group reduced their target price on Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Finally, Jefferies Financial Group lifted their target price on Royal Caribbean Cruises from $275.00 to $334.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $348.29.

More Royal Caribbean Cruises News

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

• Positive Sentiment: Board upgrade: Royal Caribbean appointed Christopher J. Wiernicki (former Chairman & CEO of American Bureau of Shipping) to its board, which adds industry regulatory and maritime expertise that could benefit long‑term operations and safety/governance oversight. Press Release
• Neutral Sentiment: Analyst/media attention: Forbes published a take weighing RCL as potentially undervalued given growth, cash flow and margins, while Zacks highlighted increased investor attention and momentum scores — coverage that can attract buyers but is not a near‑term catalyst by itself. Forbes Article Zacks Article
• Negative Sentiment: Large insider selling — Arne Alexander Wilhelmsen sold 180,000 shares on Feb. 17 (~$58.5M) and 100,000 shares on Feb. 13 (~$32.7M). Massive sales by a director can put downward pressure on the stock and raise short‑term concern about insider conviction. Wilhelmsen SEC Filing
• Negative Sentiment: Additional insider disposals — Laura H. Bethge sold 7,854 shares (~$2.56M) and director Maritza Gomez Montiel sold 1,385 shares (~$453k) on Feb. 17. Multiple insider sales in the same window amplify selling signal to the market. Bethge SEC Filing Gomez Montiel SEC Filing

Royal Caribbean Cruises Price Performance

Shares of RCL opened at $319.11 on Thursday. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.18 and a quick ratio of 0.16. The company has a market cap of $86.33 billion, a P/E ratio of 20.44, a PEG ratio of 1.06 and a beta of 1.91. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50. The stock has a fifty day moving average price of $300.70 and a 200 day moving average price of $303.15.

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

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

Royal Caribbean Cruises Increases Dividend

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

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.