Arne Alexander Wilhelmsen Sells 170,105 Shares of Royal Caribbean Cruises (NYSE:RCL) Stock

Royal Caribbean Cruises Ltd. (NYSE:RCLGet Free Report) Director Arne Alexander Wilhelmsen sold 170,105 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $315.92, for a total transaction of $53,739,571.60. Following the completion of the transaction, the director directly owned 17,037,412 shares of the company’s stock, valued at approximately $5,382,459,199.04. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Arne Alexander Wilhelmsen also recently made the following trade(s):

  • On Friday, February 27th, Arne Alexander Wilhelmsen sold 245,476 shares of Royal Caribbean Cruises stock. The stock was sold at an average price of $311.54, for a total transaction of $76,475,593.04.
  • On Thursday, February 26th, Arne Alexander Wilhelmsen sold 356,026 shares of Royal Caribbean Cruises stock. The stock was sold at an average price of $318.39, for a total value of $113,355,118.14.
  • On Tuesday, February 24th, Arne Alexander Wilhelmsen sold 345,111 shares of Royal Caribbean Cruises stock. The shares were sold at an average price of $315.73, for a total value of $108,961,896.03.
  • On Monday, February 23rd, Arne Alexander Wilhelmsen sold 19,140 shares of Royal Caribbean Cruises stock. The stock was sold at an average price of $317.30, for a total value of $6,073,122.00.
  • On Friday, February 20th, Arne Alexander Wilhelmsen sold 109,297 shares of Royal Caribbean Cruises stock. The shares were sold at an average price of $314.81, for a total value of $34,407,788.57.
  • On Thursday, February 19th, Arne Alexander Wilhelmsen sold 101,902 shares of Royal Caribbean Cruises stock. The stock was sold at an average price of $312.09, for a total value of $31,802,595.18.
  • On Wednesday, February 18th, Arne Alexander Wilhelmsen sold 104,540 shares of Royal Caribbean Cruises stock. The shares were sold at an average price of $321.64, for a total transaction of $33,624,245.60.
  • On Tuesday, February 17th, Arne Alexander Wilhelmsen sold 180,000 shares of Royal Caribbean Cruises stock. The stock was sold at an average price of $325.09, for a total transaction of $58,516,200.00.
  • On Friday, February 13th, Arne Alexander Wilhelmsen sold 100,000 shares of Royal Caribbean Cruises stock. The shares were sold at an average price of $326.58, for a total transaction of $32,658,000.00.

Royal Caribbean Cruises Stock Performance

NYSE RCL opened at $310.49 on Friday. Royal Caribbean Cruises Ltd. has a 52-week low of $164.01 and a 52-week high of $366.50. The company has a fifty day moving average of $304.59 and a 200-day moving average of $303.29. The company has a market capitalization of $84.00 billion, a P/E ratio of 19.89, a P/E/G ratio of 1.01 and a beta of 1.91. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.16 and a current ratio of 0.18.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the business posted $1.63 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. As a group, equities research analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Royal Caribbean Cruises announced that its Board of Directors has initiated a stock buyback program 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 shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Royal Caribbean Cruises Increases Dividend

The company 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 $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, March 6th. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $1.00. Royal Caribbean Cruises’s dividend payout ratio is presently 25.62%.

Institutional Trading of Royal Caribbean Cruises

A number of institutional investors have recently modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC increased its holdings in Royal Caribbean Cruises by 1.2% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company’s stock valued at $693,000 after purchasing an additional 30 shares during the period. AlphaStar Capital Management LLC grew its position in shares of Royal Caribbean Cruises by 4.1% in the 4th quarter. AlphaStar Capital Management LLC now owns 779 shares of the company’s stock worth $217,000 after buying an additional 31 shares during the last quarter. Kestra Investment Management LLC increased its stake in shares of Royal Caribbean Cruises by 2.6% during the fourth quarter. Kestra Investment Management LLC now owns 1,208 shares of the company’s stock valued at $337,000 after buying an additional 31 shares during the period. Westside Investment Management Inc. raised its holdings 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 valued at $45,000 after acquiring an additional 32 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Royal Caribbean Cruises by 6.4% in the third quarter. Versant Capital Management Inc now owns 562 shares of the company’s stock worth $182,000 after acquiring an additional 34 shares during the period. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

RCL has been the subject of a number of research reports. Stifel Nicolaus upped their price objective on shares of Royal Caribbean Cruises from $380.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 30th. TD Cowen restated a “buy” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, January 13th. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Thursday, January 29th. Jefferies Financial Group boosted their target price on Royal Caribbean Cruises from $275.00 to $334.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Finally, UBS Group dropped their target price on 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 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $348.29.

Check Out Our Latest Research Report on RCL

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.

About Royal Caribbean Cruises

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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