Tidal Investments LLC Raises Stake in Royal Caribbean Cruises Ltd. $RCL

Tidal Investments LLC boosted its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 13.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,163 shares of the company’s stock after acquiring an additional 2,115 shares during the period. Tidal Investments LLC’s holdings in Royal Caribbean Cruises were worth $5,767,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. California State Teachers Retirement System increased its holdings in Royal Caribbean Cruises by 34,251.2% in the second quarter. California State Teachers Retirement System now owns 118,498,068 shares of the company’s stock valued at $37,626,692,000 after buying an additional 118,153,108 shares during the last quarter. BlackRock Inc. acquired a new stake in Royal Caribbean Cruises in the second quarter valued at $6,549,422,000. Capital International Investors lifted its holdings in Royal Caribbean Cruises by 9.8% during the 4th 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 during the last quarter. Primecap Management Co. CA purchased a new stake in Royal Caribbean Cruises during the 2nd quarter worth about $669,804,000. Finally, Jupiter Topco LLC acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth about $597,350,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Up 0.0%

Royal Caribbean Cruises stock opened at $260.20 on Monday. The stock has a 50 day moving average of $292.46 and a two-hundred day moving average of $285.65. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $356.39. The stock has a market capitalization of $69.59 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 0.93 and a beta of 1.74. 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 (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the prior year, the business earned $4.38 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. 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 expect that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. UBS Group reiterated a “buy” rating and issued a $367.00 price objective on shares of Royal Caribbean Cruises in a report on Monday, August 3rd. 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 upped their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Susquehanna increased their price target on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a research note on Wednesday, July 29th. 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. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and an average price target of $353.40.

Insider Buying and Selling

In other news, CEO Michael Bayley sold 12,811 shares of the firm’s stock in a transaction 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 owned 45,297 shares in the company, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.44% of the company’s stock.

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.