111 Capital Takes Position in Royal Caribbean Cruises Ltd. $RCL

111 Capital bought a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,235 shares of the company’s stock, valued at approximately $1,694,000.

Other large investors also recently made changes to their positions in the company. Evolution Wealth Management Inc. acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth approximately $31,000. GGM Financials LLC bought a new stake in shares of Royal Caribbean Cruises in the third quarter valued at approximately $33,000. Financial Gravity Companies Inc. acquired a new stake in Royal Caribbean Cruises during the second quarter worth approximately $38,000. Dogwood Wealth Management LLC increased its stake in Royal Caribbean Cruises by 318.8% during the 3rd quarter. Dogwood Wealth Management LLC now owns 134 shares of the company’s stock worth $43,000 after acquiring an additional 102 shares during the period. Finally, Westside Investment Management Inc. increased its stake in 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 acquiring an additional 32 shares during the period. Institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Down 2.6%

Shares of NYSE RCL opened at $310.49 on Monday. The company has a 50 day simple moving average of $304.59 and a 200 day simple moving average of $303.22. The firm has a market cap of $84.00 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.01 and a beta of 1.87. Royal Caribbean Cruises Ltd. has a 1 year low of $164.01 and a 1 year high of $366.50. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.18 and a quick ratio of 0.16.

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

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

Royal Caribbean Cruises Increases Dividend

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

More Royal Caribbean Cruises News

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

• Positive Sentiment: Company expansion push — coverage highlights Royal Caribbean’s aggressive growth and fleet/itinerary expansion plans that back continued demand recovery and revenue upside. Read More.
• Positive Sentiment: Luxury brand development — Silversea unveiled public spaces for The Cormorant at 55 South, a new hotel supporting Antarctic fly‑cruise packages, strengthening the company’s premium/expedition revenue mix. Read More.
• Neutral Sentiment: Completed $2.5B senior notes offering — RCL issued $1.25B of 4.75% notes due 2033 and $1.25B of 5.25% notes due 2038. The deal boosts liquidity and funds financing needs but increases long‑term debt and interest expense. Read More.
• Negative Sentiment: Large insider selling — Director Arne Alexander Wilhelmsen sold 771,607 shares across Feb 25–27 for roughly $243.6M in proceeds (three Form 4 filings). While the sales are a small percentage of his total holdings, the magnitude and timing can pressure sentiment and share price. Read More.

Insiders Place Their Bets

In related news, CEO Jason T. Liberty sold 90,910 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $326.81, for a total transaction of $29,710,297.10. Following the transaction, the chief executive officer directly owned 218,822 shares of the company’s stock, valued at $71,513,217.82. This represents a 29.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Arne Alexander Wilhelmsen sold 356,026 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $318.39, for a total value of $113,355,118.14. Following the completion of the sale, the director directly owned 16,681,386 shares of the company’s stock, valued at $5,311,186,488.54. The trade was a 2.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,967,319 shares of company stock worth $626,681,935 in the last quarter. 6.95% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on RCL. JPMorgan Chase & Co. raised their price target on Royal Caribbean Cruises from $368.00 to $371.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Truist Financial reduced their price objective on shares of Royal Caribbean Cruises from $321.00 to $318.00 and set a “hold” rating on the stock in a research note on Thursday, January 22nd. Barclays boosted their target price on shares of Royal Caribbean Cruises from $324.00 to $361.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Morgan Stanley upped their price target on shares of Royal Caribbean Cruises from $290.00 to $330.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 3rd. Finally, Mizuho set a $379.00 price objective on shares of Royal Caribbean Cruises in a research note 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $348.29.

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.