Sterling Capital Management LLC Has $3.02 Million Stake in Royal Caribbean Cruises Ltd. $RCL

Sterling Capital Management LLC reduced its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 27.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,984 shares of the company’s stock after selling 4,110 shares during the quarter. Sterling Capital Management LLC’s holdings in Royal Caribbean Cruises were worth $3,023,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its stake in Royal Caribbean Cruises by 49.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company’s stock valued at $37,931,000 after buying an additional 38,698 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in Royal Caribbean Cruises by 19.0% during the third quarter. Crossmark Global Holdings Inc. now owns 39,123 shares of the company’s stock worth $12,659,000 after acquiring an additional 6,253 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in shares of Royal Caribbean Cruises by 1,231.6% during the third quarter. WINTON GROUP Ltd now owns 20,173 shares of the company’s stock worth $6,528,000 after acquiring an additional 18,658 shares during the period. Danske Bank A S bought a new stake in shares of Royal Caribbean Cruises during the third quarter worth approximately $48,063,000. Finally, Dougherty & Associates LLC acquired a new position in shares of Royal Caribbean Cruises in the fourth quarter valued at approximately $10,827,000. Institutional investors own 87.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RCL shares. Barclays lowered their target price on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. JPMorgan Chase & Co. decreased their price objective on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Mizuho set a $380.00 price objective on Royal Caribbean Cruises in a research report on Friday, May 1st. Morgan Stanley dropped their target price on Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating for the company in a report on Tuesday, May 26th. Finally, Zacks Research raised shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $345.58.

Royal Caribbean Cruises Trading Up 0.8%

Shares of NYSE:RCL opened at $320.52 on Monday. The company has a market capitalization of $85.96 billion, a P/E ratio of 19.56, a P/E/G ratio of 1.11 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17. The business’s 50 day simple moving average is $279.41 and its 200 day simple moving average is $287.82.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating the consensus estimate of $3.20 by $0.40. The firm had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. On average, research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is 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.