4,000 Shares in Royal Caribbean Cruises Ltd. $RCL Bought by Hodges Capital Management Inc.

Hodges Capital Management Inc. acquired a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 1st quarter, HoldingsChannel reports. The fund acquired 4,000 shares of the company’s stock, valued at approximately $1,101,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Russell Investments Group Ltd. increased its position in Royal Caribbean Cruises by 49.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company’s stock worth $37,931,000 after buying an additional 38,698 shares during the period. WINTON GROUP Ltd boosted its position in shares of Royal Caribbean Cruises by 1,231.6% in the third quarter. WINTON GROUP Ltd now owns 20,173 shares of the company’s stock valued at $6,528,000 after acquiring an additional 18,658 shares during the period. Danske Bank A S bought a new stake in shares of Royal Caribbean Cruises in the third quarter valued at approximately $48,063,000. Dougherty & Associates LLC acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth $10,827,000. Finally, TD Asset Management Inc grew its stake in shares of Royal Caribbean Cruises by 29.7% in the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock worth $244,797,000 after acquiring an additional 201,014 shares during the last quarter. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Down 2.8%

Shares of RCL opened at $287.89 on Tuesday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. The company has a 50-day moving average price of $282.81 and a two-hundred day moving average price of $289.13. The stock has a market cap of $77.21 billion, a price-to-earnings ratio of 17.56, a P/E/G ratio of 1.04 and a beta of 1.76. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same period in the prior year, the company posted $2.71 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. 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. Equities analysts predict that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio is 36.61%.

Analyst Ratings Changes

RCL has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft set a $296.00 target price on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Truist Financial reduced their price target on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a report on Friday, May 22nd. JPMorgan Chase & Co. decreased their price target on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Citigroup boosted their price objective on shares of Royal Caribbean Cruises from $348.00 to $362.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Finally, Mizuho set a $380.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus target price of $345.58.

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.