Bank of New York Mellon Corp Has $367.72 Million Stock Position in Royal Caribbean Cruises Ltd. $RCL

Bank of New York Mellon Corp lowered its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report) by 39.1% in the 4th quarter, HoldingsChannel reports. The firm owned 1,318,366 shares of the company’s stock after selling 847,850 shares during the period. Bank of New York Mellon Corp’s holdings in Royal Caribbean Cruises were worth $367,719,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RCL. Norges Bank acquired a new position in Royal Caribbean Cruises during the fourth quarter worth $456,752,000. Nordea Investment Management AB raised its holdings in Royal Caribbean Cruises by 135.0% during the fourth quarter. Nordea Investment Management AB now owns 1,306,784 shares of the company’s stock worth $366,925,000 after buying an additional 750,723 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Royal Caribbean Cruises by 163.7% during the third quarter. Ameriprise Financial Inc. now owns 1,101,544 shares of the company’s stock worth $356,515,000 after buying an additional 683,896 shares during the last quarter. TD Asset Management Inc raised its holdings in Royal Caribbean Cruises by 560.9% during the third quarter. TD Asset Management Inc now owns 676,645 shares of the company’s stock worth $218,949,000 after buying an additional 574,256 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Royal Caribbean Cruises by 1.6% during the third quarter. Vanguard Group Inc. now owns 30,066,167 shares of the company’s stock worth $9,728,810,000 after buying an additional 461,990 shares during the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Wall Street Analyst Weigh In

RCL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Citigroup dropped their target price on Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Stifel Nicolaus set a $410.00 target price on Royal Caribbean Cruises in a report on Friday, May 1st. Wells Fargo & Company raised their target price on Royal Caribbean Cruises from $349.00 to $360.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, TD Cowen dropped their target price on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Fourteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $344.79.

Get Our Latest Analysis on RCL

Royal Caribbean Cruises Stock Up 2.6%

RCL stock opened at $293.95 on Friday. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $366.50. 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 stock’s 50 day moving average is $271.01 and its 200-day moving average is $283.15. The firm has a market capitalization of $78.84 billion, a PE ratio of 17.93, a P/E/G ratio of 1.00 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last posted its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the company earned $2.71 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently declared 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 yield of 2.0%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 36.61%.

About Royal Caribbean Cruises

(Free Report)

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.

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Institutional Ownership by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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