Mirae Asset Global Investments Co. Ltd. Acquires 6,466 Shares of Royal Caribbean Cruises Ltd. $RCL

Mirae Asset Global Investments Co. Ltd. grew its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 11.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,864 shares of the company’s stock after purchasing an additional 6,466 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Royal Caribbean Cruises were worth $19,644,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Herold Advisors Inc. increased its holdings in Royal Caribbean Cruises by 5.6% in the second quarter. Herold Advisors Inc. now owns 1,621 shares of the company’s stock valued at $515,000 after purchasing an additional 86 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Royal Caribbean Cruises by 41.8% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 81,075 shares of the company’s stock worth $25,744,000 after buying an additional 23,908 shares during the last quarter. Laurel Oak Wealth Management LLC acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth about $231,000. Greenleaf Trust increased its stake in shares of Royal Caribbean Cruises by 1.6% in the 2nd quarter. Greenleaf Trust now owns 5,226 shares of the company’s stock valued at $1,659,000 after acquiring an additional 82 shares during the last quarter. Finally, SOA Wealth Advisors LLC. raised its position in shares of Royal Caribbean Cruises by 50.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the company’s stock valued at $191,000 after acquiring an additional 200 shares during the period. 87.53% of the stock is currently owned by institutional investors.

Key Stories Impacting Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $17.73 from $17.13, bringing it close to the broader consensus estimate of $17.79. The firm also increased its estimates for Q3 2026, Q4 2026, FY2027, Q4 2027 and FY2028, suggesting expectations for continued earnings growth. Are Wall Street Analysts Predicting Royal Caribbean Cruises Stock Will Climb or Sink?
• Positive Sentiment: Zacks lifted its FY2027 EPS forecast to $19.10 from $19.06 and FY2028 EPS forecast to $22.09 from $22.04. Although the revisions were modest, they reinforce expectations that Royal Caribbean’s earnings can expand beyond 2026.
• Positive Sentiment: Brokerages’ average price target is approximately $353.40, materially above the stock’s recent trading level near $310, implying potential upside if the company meets or exceeds earnings expectations. Brokerages Set Royal Caribbean Cruises Ltd. Price Target at $353.40
• Neutral Sentiment: Analyst sentiment remains mixed rather than strongly bullish. Zacks Research maintains a Hold rating, while broader Wall Street commentary describes the outlook as cautiously optimistic despite RCL’s lagging the overall market over the past year. Analysts’ Opinions Are Mixed on Royal Caribbean
• Negative Sentiment: Zacks lowered its Q1 2027 EPS estimate to $3.66 from $3.68, Q1 2028 to $4.92 from $5.20, and Q2 2028 to $5.49 from $5.65. These reductions indicate some pressure or uncertainty in specific seasonal periods, partially offsetting the broader upward revisions.

Royal Caribbean Cruises Trading Up 0.8%

RCL opened at $310.32 on Friday. The stock has a market capitalization of $82.99 billion, a P/E ratio of 19.18, a P/E/G ratio of 1.05 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 firm’s fifty day simple moving average is $302.35 and its 200 day simple moving average is $292.07.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.23. The firm had revenue of $4.83 billion for 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%.The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the business 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. As a group, research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Michael W. Bayley sold 12,811 shares of the firm’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 transaction of $4,048,147.89. Following the completion of the transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This trade represents a 22.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.44% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on RCL shares. Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They set a “hold” rating and a $304.00 price objective for the company. Mizuho set a $380.00 price target on shares of Royal Caribbean Cruises in a report on Friday, May 1st. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, July 28th. Zacks Research upgraded Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. Finally, TD Cowen lowered their price target on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a report on Friday, May 15th. 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $353.40.

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.