SVB Wealth LLC Reduces Position in Royal Caribbean Cruises Ltd. $RCL

SVB Wealth LLC lessened its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 55.7% in the second quarter, Holdings Channel.com reports. The firm owned 3,003 shares of the company’s stock after selling 3,773 shares during the period. SVB Wealth LLC’s holdings in Royal Caribbean Cruises were worth $954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of RCL. TD Asset Management Inc boosted its holdings in Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock worth $244,797,000 after buying an additional 201,014 shares during the period. Dougherty & Associates LLC bought a new stake in Royal Caribbean Cruises during the 4th quarter valued at $10,827,000. North Dakota State Investment Board purchased a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth $2,424,000. Capital International Sarl lifted its position in shares of Royal Caribbean Cruises by 19.3% during the fourth quarter. Capital International Sarl now owns 363,713 shares of the company’s stock worth $101,447,000 after acquiring an additional 58,734 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in shares of Royal Caribbean Cruises in the fourth quarter worth $2,027,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on RCL shares. Freedom Capital cut Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Susquehanna raised their target price on Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. Wells Fargo & Company lifted their target price on Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Morgan Stanley upped their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, Zacks Research raised shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $353.40.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises 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 sale, the chief executive officer directly owned 45,297 shares in the company, valued at $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.44% of the stock is owned by corporate insiders.

Royal Caribbean Cruises Price Performance

NYSE:RCL opened at $259.52 on Thursday. Royal Caribbean Cruises Ltd. has a 52-week low of $232.10 and a 52-week high of $356.39. The stock has a fifty day moving average of $293.95 and a 200 day moving average of $286.35. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The firm has a market capitalization of $69.41 billion, a price-to-earnings ratio of 16.04, a P/E/G ratio of 0.95 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share 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 analysts’ expectations 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 was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, September 17th. Royal Caribbean Cruises’s dividend payout ratio is 37.08%.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.