Royal Caribbean Cruises Ltd. $RCL Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR decreased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 98.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 307 shares of the company’s stock after selling 18,451 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Royal Caribbean Cruises were worth $99,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in Royal Caribbean Cruises during the 2nd quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Royal Caribbean Cruises during the second quarter worth $31,000. 1 North Wealth Services LLC purchased a new position in shares of Royal Caribbean Cruises during the second quarter worth $31,000. Evolution Wealth Management Inc. acquired a new position in Royal Caribbean Cruises during the second quarter valued at $31,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in Royal Caribbean Cruises in the second quarter valued at $32,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Down 1.1%

Royal Caribbean Cruises stock opened at $280.18 on Tuesday. 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 stock has a market capitalization 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 business has a 50 day simple moving average of $271.20 and a 200-day simple moving average of $307.01. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.68 by $0.07. The firm had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $5.20 EPS. 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. On average, analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

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

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

Analysts Set New Price Targets

RCL has been the subject of a number of recent research reports. Royal Bank Of Canada set a $360.00 price objective on Royal Caribbean Cruises in a research note on Friday, October 31st. Susquehanna set a $350.00 price target on Royal Caribbean Cruises and gave the company a “positive” rating in a research report on Thursday, October 30th. Stifel Nicolaus decreased their price target on Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. The Goldman Sachs Group dropped their price objective on shares of Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Finally, UBS Group cut 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 report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $324.82.

Insider Activity at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the transaction, the director owned 14,234 shares in the company, valued at $4,010,571.84. This represents a 7.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.95% of the stock is 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.