Daymark Wealth Partners LLC Grows Holdings in Royal Caribbean Cruises Ltd. $RCL

Daymark Wealth Partners LLC lifted its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 413.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,691 shares of the company’s stock after buying an additional 3,777 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Royal Caribbean Cruises were worth $1,518,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in RCL. Frazier Financial Advisors LLC boosted its stake in Royal Caribbean Cruises by 27.1% during the 2nd quarter. Frazier Financial Advisors LLC now owns 136 shares of the company’s stock valued at $43,000 after acquiring an additional 29 shares during the last quarter. Prosperity Financial Group Inc. lifted its position in shares of 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 purchasing an additional 32 shares during the last quarter. Westside Investment Management Inc. lifted its position in shares of Royal Caribbean Cruises by 29.1% during the second 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. CX Institutional grew its stake in Royal Caribbean Cruises by 1.4% in the second quarter. CX Institutional now owns 2,423 shares of the company’s stock worth $759,000 after purchasing an additional 34 shares in the last quarter. Finally, Rakuten Securities Inc. increased its holdings in Royal Caribbean Cruises by 16.1% in the second quarter. Rakuten Securities Inc. now owns 252 shares of the company’s stock valued at $79,000 after buying an additional 35 shares during the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on RCL. Barclays reduced their target price on Royal Caribbean Cruises from $342.00 to $324.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, October 28th. UBS Group lowered their target price on shares of Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. 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 report on Tuesday, December 9th. Finally, Royal Bank Of Canada set a $360.00 price target on shares of Royal Caribbean Cruises in a report on Friday, October 31st. One equities 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $324.82.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the sale, the director owned 14,234 shares of the company’s stock, valued at $4,010,571.84. The trade was a 7.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.95% of the stock is owned by insiders.

Royal Caribbean Cruises Stock Down 1.1%

RCL stock opened at $280.18 on Tuesday. The stock has a market cap of $76.41 billion, a PE ratio of 18.84, a price-to-earnings-growth ratio of 0.74 and a beta of 1.94. The firm’s 50-day simple moving average is $271.20 and its 200 day simple moving average is $307.01. Royal Caribbean Cruises Ltd. has a fifty-two week low of $164.01 and a fifty-two week high of $366.50. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.16 billion. During the same quarter in the prior year, the firm earned $5.20 EPS. Royal Caribbean Cruises’s quarterly 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, sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, December 26th. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 26.90%.

Royal Caribbean Cruises announced that its Board of Directors has authorized a share repurchase plan on Wednesday, December 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 2.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

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.