Arne Alexander Wilhelmsen Sells 356,026 Shares of Royal Caribbean Cruises (NYSE:RCL) Stock

Royal Caribbean Cruises Ltd. (NYSE:RCLGet Free Report) Director Arne Alexander Wilhelmsen sold 356,026 shares of the firm’s stock in a transaction that occurred on 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 owned 16,681,386 shares in the company, valued at approximately $5,311,186,488.54. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 value of $76,475,593.04.
  • On Wednesday, February 25th, Arne Alexander Wilhelmsen sold 170,105 shares of Royal Caribbean Cruises stock. The shares were sold at an average price of $315.92, for a total value of $53,739,571.60.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $31,802,595.18.
  • On Wednesday, February 18th, Arne Alexander Wilhelmsen sold 104,540 shares of Royal Caribbean Cruises stock. The stock was 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 shares were 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 Price Performance

Shares of NYSE:RCL opened at $310.49 on Friday. The stock has a market cap of $84.00 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 1.01 and a beta of 1.91. 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 Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50. The stock’s 50 day moving average price is $304.59 and its 200 day moving average price is $303.29.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported $2.80 earnings per share (EPS) 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 firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same period last year, the company posted $1.63 EPS. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. Equities research analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises announced that its Board of Directors has approved a stock repurchase program on Wednesday, December 10th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management 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 issued a dividend of $1.50 per share. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $1.00. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. Royal Caribbean Cruises’s dividend payout ratio is presently 25.62%.

Key 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.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on RCL shares. Wells Fargo & Company lifted their price objective on shares of Royal Caribbean Cruises from $373.00 to $383.00 and gave the stock an “overweight” rating in a research note on Sunday, February 1st. UBS Group decreased their price target on shares of Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Citigroup upped their price target on Royal Caribbean Cruises from $332.00 to $398.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Barclays increased their price objective on Royal Caribbean Cruises from $324.00 to $361.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Finally, Bank of America lifted their target price on Royal Caribbean Cruises from $325.00 to $330.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and a consensus target price of $348.29.

Read Our Latest Analysis on Royal Caribbean Cruises

Institutional Trading of Royal Caribbean Cruises

Several large investors have recently added to or reduced their stakes in RCL. Brighton Jones LLC grew its holdings in shares of Royal Caribbean Cruises by 12.2% during the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after buying an additional 143 shares in the last quarter. Woodline Partners LP boosted its position in Royal Caribbean Cruises by 40.8% during the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after acquiring an additional 6,063 shares during the period. Advisory Alpha LLC grew its stake in Royal Caribbean Cruises by 5.0% during the 2nd quarter. Advisory Alpha LLC now owns 1,915 shares of the company’s stock valued at $600,000 after acquiring an additional 91 shares in the last quarter. Howard Capital Management Inc. grew its stake in Royal Caribbean Cruises by 27.7% during the 2nd quarter. Howard Capital Management Inc. now owns 1,478 shares of the company’s stock valued at $464,000 after acquiring an additional 321 shares in the last quarter. Finally, FSA Advisors Inc. acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $215,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Company Profile

(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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