California Public Employees Retirement System Has $91.84 Million Stock Position in Royal Caribbean Cruises Ltd. $RCL

California Public Employees Retirement System lessened its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 25.6% in the first quarter, Holdings Channel reports. The firm owned 333,741 shares of the company’s stock after selling 114,936 shares during the quarter. California Public Employees Retirement System’s holdings in Royal Caribbean Cruises were worth $91,839,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors grew its stake in Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after buying an additional 3,215,382 shares in the last quarter. Norges Bank acquired a new position in shares of Royal Caribbean Cruises in the 4th quarter valued at approximately $456,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Royal Caribbean Cruises by 25,747.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock valued at $335,307,000 after buying an additional 1,197,510 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Royal Caribbean Cruises by 4.8% during the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after acquiring an additional 920,042 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of Royal Caribbean Cruises by 135.0% during the 4th quarter. Nordea Investment Management AB now owns 1,306,784 shares of the company’s stock worth $366,925,000 after acquiring an additional 750,723 shares during the period. Institutional investors own 87.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on RCL shares. Truist Financial reduced their price target on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Mizuho set a $380.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Loop Capital started coverage on Royal Caribbean Cruises in a research note on Monday, June 1st. They set a “hold” rating and a $304.00 target price for the company. Morgan Stanley reduced their target price on Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 26th. Finally, BMO Capital Markets started coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $346.80.

Royal Caribbean Cruises Stock Up 0.0%

RCL stock opened at $286.96 on Monday. The firm has a 50-day moving average price of $286.90 and a 200-day moving average price of $288.94. 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. The stock has a market capitalization of $76.96 billion, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.20 by $0.40. The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The firm’s revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.71 EPS. 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 anticipate 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 dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is presently 36.61%.

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.