2,109,421 Shares in Royal Caribbean Cruises Ltd. $RCL Bought by Primecap Management Co. CA

Primecap Management Co. CA acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 2,109,421 shares of the company’s stock, valued at approximately $669,804,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Montag A & Associates Inc. increased its stake in Royal Caribbean Cruises by 184.4% in the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at about $26,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at about $26,000. IMG Wealth Management Inc. bought a new stake in shares of Royal Caribbean Cruises during the 1st quarter valued at about $27,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Royal Caribbean Cruises during the fourth quarter worth about $27,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

RCL has been the topic of several research analyst reports. Freedom Capital cut shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, July 28th. Stifel Nicolaus boosted their price target on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Wells Fargo & Company increased their price target on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Price Performance

Shares of Royal Caribbean Cruises stock opened at $292.48 on Wednesday. The firm has a market capitalization of $78.22 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The business’s 50-day moving average price is $303.60 and its 200-day moving average price is $290.94.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.Royal Caribbean Cruises’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.38 EPS. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

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.