Allstate Corp Raises Stake in Royal Caribbean Cruises Ltd. $RCL

Allstate Corp boosted its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 104.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,241 shares of the company’s stock after buying an additional 9,817 shares during the quarter. Allstate Corp’s holdings in Royal Caribbean Cruises were worth $5,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Montag A & Associates Inc. boosted its stake in Royal Caribbean Cruises by 184.4% in the fourth quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after buying an additional 59 shares in the last quarter. Ares Financial Consulting LLC purchased a new stake in Royal Caribbean Cruises in the fourth quarter worth approximately $26,000. Tucker Asset Management LLC purchased a new stake in Royal Caribbean Cruises in the fourth quarter worth approximately $28,000. SRH Advisors LLC purchased a new stake in Royal Caribbean Cruises in the fourth quarter worth approximately $28,000. Finally, GGM Financials LLC purchased a new stake in shares of Royal Caribbean Cruises during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Price Performance

Shares of Royal Caribbean Cruises stock opened at $267.37 on Wednesday. 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 market cap of $71.71 billion, a PE ratio of 16.31, a P/E/G ratio of 0.90 and a beta of 1.77. The business has a 50 day moving average of $269.27 and a 200 day moving average of $281.80. 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 announced its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio is currently 36.61%.

Analysts Set New Price Targets

RCL has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on Royal Caribbean Cruises in a research note on Friday, May 1st. Barclays dropped their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Truist Financial dropped their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research note on Friday, May 22nd. Zacks Research lowered Royal Caribbean Cruises from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, March 25th. Fifteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $344.05.

Insider Activity at Royal Caribbean Cruises

In related news, Director Arne Alexander Wilhelmsen sold 356,026 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $318.39, for a total transaction of $113,355,118.14. Following the completion of the transaction, the director owned 16,681,386 shares in the company, valued at $5,311,186,488.54. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

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.