Cetera Investment Advisers Sells 2,078 Shares of Royal Caribbean Cruises Ltd. $RCL

Cetera Investment Advisers lowered its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 3.0% in the 1st quarter, HoldingsChannel reports. The fund owned 66,417 shares of the company’s stock after selling 2,078 shares during the period. Cetera Investment Advisers’ holdings in Royal Caribbean Cruises were worth $18,277,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in 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 purchasing an additional 143 shares during the last quarter. Woodline Partners LP increased its stake in shares of Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Royal Caribbean Cruises in the second quarter worth about $1,762,000. Baird Financial Group Inc. raised its position in shares of Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock valued at $1,494,000 after purchasing an additional 243 shares during the period. Finally, Brown Advisory Inc. bought a new stake in shares of Royal Caribbean Cruises in the second quarter valued at approximately $357,000. 87.53% of the stock is currently owned by institutional investors.

Royal Caribbean Cruises Price Performance

RCL stock opened at $304.91 on Tuesday. The firm has a 50 day moving average of $290.47 and a 200-day moving average of $289.25. The firm has a market capitalization of $81.78 billion, a P/E ratio of 18.60, a price-to-earnings-growth 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. 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 (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. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the prior year, the firm posted $2.71 EPS. Royal Caribbean Cruises’s revenue was up 11.3% on a year-over-year basis. 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. As a group, sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 17.29 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

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

Analyst Ratings Changes

Several research firms recently commented on RCL. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, May 1st. BMO Capital Markets assumed coverage on shares of Royal Caribbean Cruises in a report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price on the stock. Wells Fargo & Company increased their target price on Royal Caribbean Cruises from $360.00 to $361.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. TD Cowen cut their price target on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a report on Friday, May 15th. Finally, Barclays reduced their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $345.05.

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.