Bank of Nova Scotia Sells 9,277 Shares of Royal Caribbean Cruises Ltd. $RCL

Bank of Nova Scotia reduced its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 8.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 104,848 shares of the company’s stock after selling 9,277 shares during the period. Bank of Nova Scotia’s holdings in Royal Caribbean Cruises were worth $28,852,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. increased its stake in Royal Caribbean Cruises by 4.5% in the 1st quarter. Sei Investments Co. now owns 117,706 shares of the company’s stock worth $32,395,000 after acquiring an additional 5,116 shares during the last quarter. Davis R M Inc. bought a new position in shares of Royal Caribbean Cruises during the 1st quarter valued at approximately $244,000. Arvest Bank Trust Division grew its holdings in shares of Royal Caribbean Cruises by 8.7% in the first quarter. Arvest Bank Trust Division now owns 1,216 shares of the company’s stock valued at $335,000 after purchasing an additional 97 shares in the last quarter. Meiji Yasuda America Inc grew its holdings in shares of Royal Caribbean Cruises by 24.6% in the first quarter. Meiji Yasuda America Inc now owns 21,399 shares of the company’s stock valued at $5,889,000 after purchasing an additional 4,230 shares in the last quarter. Finally, ABN Amro Investment Solutions increased its position in Royal Caribbean Cruises by 2.4% in the first quarter. ABN Amro Investment Solutions now owns 13,757 shares of the company’s stock worth $3,786,000 after purchasing an additional 316 shares during the last quarter. 87.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of Royal Caribbean Cruises from $360.00 to $361.00 and gave the company an “overweight” rating in a research report on Monday, June 22nd. JPMorgan Chase & Co. decreased their target price 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. UBS Group lowered their price target on shares of Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Loop Capital started coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a “hold” rating and a $304.00 price target for the company. Finally, Barclays reduced their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises has an average rating of “Moderate Buy” and a consensus target price of $345.05.

Royal Caribbean Cruises Price Performance

NYSE RCL opened at $293.00 on Friday. The company has a market cap of $78.58 billion, a PE ratio of 17.88, a P/E/G ratio of 1.00 and a beta of 1.76. The firm’s 50 day moving average price is $289.42 and its 200-day moving average price is $289.13. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. Royal Caribbean Cruises Ltd. has a 52-week low of $232.10 and a 52-week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, topping analysts’ consensus estimates of $3.20 by $0.40. The company had revenue of $4.45 billion during the quarter, compared to analyst estimates 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 was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.29 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were paid a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 2.0%. The ex-dividend date was Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is 36.61%.

Key Headlines Impacting Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Analysts say Royal Caribbean heads into Q2 earnings with strong booking demand and improving digital momentum, which could support another solid quarterly result. Should Investors Hold or Fold RCL Stock Ahead of Q2 Earnings?
• Positive Sentiment: The company recently beat first-quarter expectations, reinforcing the view that Royal Caribbean’s earnings power remains strong even though the stock has lagged broader market gains this year. Should You Buy Royal Caribbean Stock Before July 28?
• Neutral Sentiment: Wall Street estimate roundups ahead of Q2 earnings are keeping attention on key operating metrics, but these previews are not signaling a major new catalyst by themselves. Curious about Royal Caribbean (RCL) Q2 Performance? Explore Wall Street Estimates for Key Metrics
• Neutral Sentiment: Royal Caribbean’s community-center outreach in Mahahual may help strengthen local government relations, but the stock impact is likely limited in the near term. Royal Caribbean courts Mexican government with community center in Mahahual
• Negative Sentiment: Some broader consumer-discretionary commentary remains cautious, noting that demand trends across the group have been mixed, which could temper enthusiasm for cruise stocks. 3 Consumer Stocks We Steer Clear Of
• Negative Sentiment: Citigroup trimmed its price target on Royal Caribbean, which can weigh on sentiment even though the firm still sees upside from current levels. Citigroup Lowers Royal Caribbean Cruises (NYSE:RCL) Price Target to $327.00

Royal Caribbean Cruises 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.