Contravisory Investment Management Inc. Lowers Stock Position in Royal Caribbean Cruises Ltd. $RCL

Contravisory Investment Management Inc. cut its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 80.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 663 shares of the company’s stock after selling 2,786 shares during the quarter. Contravisory Investment Management Inc.’s holdings in Royal Caribbean Cruises were worth $182,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Kestra Private Wealth Services LLC grew its position in shares of Royal Caribbean Cruises by 12.6% in the first quarter. Kestra Private Wealth Services LLC now owns 10,095 shares of the company’s stock valued at $2,778,000 after purchasing an additional 1,128 shares during the last quarter. Ritholtz Wealth Management lifted its stake in Royal Caribbean Cruises by 32.2% in the 1st quarter. Ritholtz Wealth Management now owns 1,860 shares of the company’s stock valued at $512,000 after buying an additional 453 shares in the last quarter. Global Financial Private Client LLC grew its holdings in Royal Caribbean Cruises by 1.6% during the 1st quarter. Global Financial Private Client LLC now owns 2,343 shares of the company’s stock valued at $645,000 after buying an additional 38 shares during the last quarter. MBM Wealth Consultants LLC acquired a new stake in Royal Caribbean Cruises during the 1st quarter valued at $56,000. Finally, Blue Trust Inc. increased its position in Royal Caribbean Cruises by 44.8% during the first quarter. Blue Trust Inc. now owns 1,292 shares of the company’s stock worth $356,000 after buying an additional 400 shares in the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on RCL shares. JPMorgan Chase & Co. decreased their price objective on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Citigroup upped their target price on shares of Royal Caribbean Cruises from $348.00 to $362.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Morgan Stanley decreased their price target on shares of Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 26th. Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. Finally, Truist Financial cut their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and a consensus target price of $345.58.

Royal Caribbean Cruises Stock Performance

Royal Caribbean Cruises stock opened at $320.52 on Friday. The stock has a market cap of $85.96 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.13 and a beta of 1.77. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50. The stock has a 50 day moving average of $279.41 and a 200-day moving average of $287.58.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.20 by $0.40. The firm had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.Royal Caribbean Cruises’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.71 earnings per share. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd 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 Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio is currently 36.61%.

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.