Farther Finance Advisors LLC Purchases 1,913 Shares of Royal Caribbean Cruises Ltd. $RCL

Farther Finance Advisors LLC grew its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 41.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,577 shares of the company’s stock after purchasing an additional 1,913 shares during the quarter. Farther Finance Advisors LLC’s holdings in Royal Caribbean Cruises were worth $2,128,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in Royal Caribbean Cruises in the second quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth about $31,000. 1 North Wealth Services LLC acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. Evolution Wealth Management Inc. acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at about $32,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

RCL opened at $285.71 on Friday. 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 1.67, a current ratio of 0.16 and a quick ratio of 0.14. The company has a market capitalization of $77.92 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 0.89 and a beta of 1.91. The firm’s fifty day moving average price is $275.32 and its two-hundred day moving average price is $305.79.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $5.16 billion. During the same period last year, the firm earned $5.20 earnings per share. The firm’s 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 announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, December 26th. Royal Caribbean Cruises’s payout ratio is presently 26.90%.

Royal Caribbean Cruises announced that its board has approved a share buyback program on Wednesday, December 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 2.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on RCL. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, October 28th. Stifel Nicolaus lowered their price objective on shares of Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. The Goldman Sachs Group dropped their target price on shares of Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Wall Street Zen lowered shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and an average price target of $324.82.

Insider Activity

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 14,234 shares of the company’s stock, valued at $4,010,571.84. This represents a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.95% of the stock is currently owned by corporate 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.